Tag #Euroclear

How might the EU's actions affect the international financial system and the role of the euro?

The EU's plan to use seized Russian assets to fund Ukraine undermines international financial trust, creating a precedent that worries global players like China. This is further complicated by the 45-year repayment plan for the 35 billion euro loan, signaling long-term asset freezing. The total frozen assets are estimated at €260 billion, mostly held by Euroclear.