A Russian court orders Euroclear to pay around €215bn over frozen assets.

  The Moscow Times16 May 2026
A Russian court on Friday ordered Belgian financial group Euroclear to pay 18.2 trillion rubles in damages over the freezing of billions worth of Russian assets in the EU since the start of the full-scale invasion of Ukraine.

It’s not clear how Russia intends to recover the funds, and Euroclear said it didn’t recognise the Russian court’s jurisdiction.