Europe

Russian Duma Urges Moscow to Take Action If EU Seizes Assets

Lawmakers in Moscow unanimously passed a resolution labeling Brussels’ plan to fund a loan to Ukraine with frozen Russian assets ‘outright theft’.
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Russian Duma Urges Moscow to Take Action If EU Seizes Assets
The Russian Duma in Moscow on April 7, 2022. Sputnik/Alexander Astafyev/Pool
Guy Birchall
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The Russian Duma passed a resolution on Nov. 20 calling for action against Belgium, Euroclear, and “unfriendly investors” should the European Union decide to use frozen Russian assets to fund a loan to Ukraine.

Belgium is home to Euroclear, a financial market infrastructure group that holds the majority of frozen Russian assets in the EU.

Guy Birchall
Guy Birchall
Author
Guy Birchall is a UK-based journalist covering a wide range of national stories with a particular interest in freedom of expression and social issues.