EU pledges protection for Belgium over risks linked to frozen Russian assets Related news
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BRUSSELS The European Commission has assured Belgium that it will not face financial or legal consequences alone if frozen Russian assets held in Brussels are seized and used to support Ukraine, according to a leaked letter obtained by multiple media outlets. Around €140 billion ($162 billion) in Russian state assets are currently immobilized at Euroclear, the Brussels-based financial services company. The commission proposes using these funds to provide economic and military assistance to
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