Tagged: frozen assets

Law

 by Jaffa Levy

Euroclear in the Dock: Moscow Tests the Legal Limits of Europe’s Frozen Assets

As Russia’s central bank brings its claim against Euroclear before a Moscow court, the EU’s attempt to mobilise immobilised sovereign assets without crossing into confiscation faces its first live legal test. The case exposes where risk truly lies in Europe’s reparations loan strategy: not in rhetoric, but in custody, immunity, and Member State balance sheets.

Opinion / Europe

 by Jaffa Levy

Europe as Collateral: How Brussels Turned Russia’s Reserves into a Permanent War-Finance Mechanism

The European Commission wants to raise a huge loan for Ukraine backed on frozen Russian reserves, using emergency law to bypass national vetoes. Brussels calls it solidarity and insists nothing is being confiscated. In practice it weaponises custody, turns Euroclear into a litigation magnet and tells the rest of the world that reserves held in Europe are safe only until politics changes.