Europe’s Risky Gamble: Why Using Russia’s Frozen Assets Could Ignite a New Cold War
Russia has warned Belgium and the EU against using its frozen assets at Euroclear, threatening legal action and retaliation. The EU is debating how to channel nearly €200 billion in frozen Russian funds to support Ukraine’s war and reconstruction. Legal experts say seizing sovereign assets would violate international law and undermine Europe’s financial credibility. Analysts … Continue reading Europe’s Risky Gamble: Why Using Russia’s Frozen Assets Could Ignite a New Cold War
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