Of about 300 billion euros of Russian assets frozen by the EU and G7, roughly 180 billion sit at Euroclear, and the European Commission says it has received about 8 billion euros in proceeds from them since 2024, including 1.4 billion euros in August. It received only “a significant part” of the proceeds, suggesting Belgium taxes this income at rates that could reach 30%, according to Le Soir. The EC argues the interest is legally usable because the money “does not belong to Russia,” while a Belgian legal source told TASS this is equivalent to saying bank deposit interest does not belong to the account holder. In December 2025, Russia’s central bank sued Euroclear in the Moscow Arbitration Court for 18,200 billion rubles (225.5 billion USD), amid EU plans to use the assets to support Ukraine. On May 15, 2026, the court ruled in favor of the central bank and ordered Euroclear Bank to pay, and on May 20 the bank asked the court to enforce the ruling immediately.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Uỷ ban châu Âu tiết lộ số tiền thu về từ 180 tỷ euro tài sản đóng băng của Nga
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EUR/USD
• NeutralRelevance: low
| Market | Currencies |
|---|---|
| Close on 10/30/2026 | 1.11601 |
| Change that session | -0.20% |
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