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Russia’s central bank sues EU over frozen state assets

Bloomberg
Bloomberg • 2 min read
Russia’s central bank sues EU over frozen state assets
The EU intends to keep the assets immobilised until the war ends and Russia pays reparations to Ukraine
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(March 3): The Bank of Russia is suing the European Union for putting an indefinite freeze on assets blocked over Russian President Vladimir Putin’s invasion of Ukraine, arguing that it’s being deprived of legal protections in a first challenge of its kind since the war erupted.

The claim filed with the EU’s General Court in Luxembourg contests the European Council’s regulation of Dec 12, 2025, according to a Russian central bank statement published on Tuesday (March 3).

The EU regulation violates “basic and inalienable rights to access justice, inviolability of property and the principle of sovereign immunity of states and their central banks” that are guaranteed under international law, according to the statement.

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