Russia takes legal battle over frozen assets to main EU court

Federaţia Rusă

Moscow has accused the bloc of unlawfully using its sovereign funds to back a loan to Kiev The General Court of the European Union has registered a Central Bank of Russia lawsuit against the European Parliament and the EU Council over the bloc’s €90 billion ($105 billion) loan to Ukraine. The filing contests an EU mechanism adopted in February that allows proceeds from frozen Russian sovereign assets held in Europe to be used to repay a joint loan to Kiev, the central bank said . Kiev’s Western

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