Frozen Russian Sovereign Assets Should Remain Locked, Warns Belgian PM

Frozen Russian Sovereign Assets Should Remain Locked, Warns Belgian PM

The Belgian Prime Minister said that Russian state assets frozen since the start of the Ukraine conflict should remain in the Euroclear securities repository in Belgium for now. He warned that seizing these funds to support Ukraine would raise legal complications. Since Russia’s invasion of Ukraine in 2022, G7 countries have frozen about $300 billion […]