It fears the precedent of undermining state immunity under international law
The latest to learn this was none other than Ursula von der Leyen, president of the European Commission. During a speech to the annual Ukraine recovery conference in London on June 21st, she announced that her commission, the bloc’s executive arm, would come up with a proposal before the summer to make use of Russia’s frozen assets. At the same time the ambassadors of the’s rotating chair, Sweden.
Legally, experts say, the plan is sound. Euroclear, a private clearing-house and securities depository in Belgium, had to stop all payments to Russia as a result of sanctions. It is now sitting on almost €200bn-worth of assets and cash. Smaller amounts are frozen in the accounts of similar firms elsewhere. These holdings generate gains: in Euroclear’s case, €720m of pre-tax profits in the first quarter of 2023 alone.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Ukraine’s bog warriors brave swamps, stench and Russian dronesAfter the flooding of the Dnieper delta, soldiers must start from scratch in an unrecognisable landscape. Wendell23 reports for 1843 magazine
Consulte Mais informação »
Ukraine war: Why it isn't back to 'normal life' for Russia's border townsShebekino, which is home to about 40,000 people, sits just a few miles from Russia's border with Ukraine and is bearing the brunt of its war in Ukraine.
Consulte Mais informação »
Oligarch challenges Russian sanctions at High CourtThe Russian-born oil tycoon says his family's lives have been disrupted and his reputation shattered.
Consulte Mais informação »
Cluster bombs: Ukraine using munitions 'effectively', says USThe White House says the controversial weapons are having an impact on Russian formations
Consulte Mais informação »
Little-Known Traders Are Making Major Moves With Russian Oil | OilPrice.comA small handful of giant commodity traders have dominated global oil trade for decades, but things are beginning to change. Smaller trading desks are beginning to make major moves, especially with Russian oil.
Consulte Mais informação »