Russian retaliation to EU assets seizure revealed ...News

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Russian retaliation to EU assets seizure revealed
It has emerged that Moscow froze billions of dollars in a tit-for-tat measure last year Russia froze the assets of international depositories last year in response to the seizure of its funds by Western financial institutions, it was revealed for the first time on Thursday. Moscow blocked 229.1 billion rubles ($2.7 billion) in assets belonging to Belgium’s Euroclear and Luxembourg’s Clearstream clearing houses in 2022, financial reports from Euroclear and Deutsche Börse Group revealed. As of late 2022, the equivalent of $2.29 billion and $352 million was frozen in type ‘C’ and ‘I’ accounts respectively in Russia’s

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