The Moscow Times
Europe · 2 hrs ago
✦ 72◉ Centre
Russian Court Orders Euroclear to Pay Around $250Bln Over Frozen Assets
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AI Analysis
Quality 72/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline
A Russian court has ordered Euroclear, the Belgian securities settlement system, to pay approximately $250 billion over frozen Russian assets, though the enforcement mechanism remains unclear and Euroclear disputes the court's jurisdiction.
Russian Court Orders Euroclear to Pay Around $250Bln Over Frozen Assets
It was not clear how Russia intended to recover the funds, and Euroclear said it did not recognize the Russian court’s jurisdiction.
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