Russia/Economy/Russia's central bank sues European Union over frozen assets

Russia's central bank sues European Union over frozen assets

Mar 3, 20268 sources

Also covers:Benelux & IrelandEuropean UnionUkraine

Energy dependence on Russia must never recurfrom European Union EU sanctions enforce international normsfrom European Union Western sanctions are economic warfare

Summary

Russia's central bank has filed a lawsuit against the European Union in a Luxembourg court, challenging the freeze of its assets. The legal action targets the EU's immobilization of approximately €210 billion in Russian sovereign assets following sanctions imposed after Russia's invasion of Ukraine.

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Russian Central Bank Sues EU in Luxembourg on Frozen Assets

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