EU triggers emergency clause to indefinitely immobilise Russian assets

euronews (in English)

EU triggers emergency clause to indefinitely immobilise Russian assets  The EU has decided to keep the assets of the Russian Central Bank immobilised for the foreseeable future. The ban, which is based on a provision for economic emergencies, pushes back against external attempts to release the €210 billion in assets before Ukraine is compensated.  READ MORE : http://www.euronews.com/2025/12/11/eu-triggers-emergency-clause-to-indefinitely-immobilise-russian-assets  Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

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00:00You don't have the cards. That is what Donald Trump told President Zelensky earlier this year.

00:08But Brussels thought it held an ace – the frozen Russian assets.

00:12Now the 28-point US peace plan has called out Europe's hand.

00:17And the pot is massive.

00:19Estimated 300 billion euros in Russian central bank assets are frozen across the G7 countries.

00:26The vast majority – 185 billion euros – is locked right here in Belgium by Euroclear, a securities depository.

00:35Brussels planned to use the Russian frozen assets to issue an unprecedented reparations loan for Ukraine.

00:42But the US plan flips the script with a controversial proposal – unblock the funds and split them into two investment vehicles.

00:50Fund number one – for Ukraine's reconstruction.

00:54100 billion dollars of the frozen assets would be deployed and Europe would have to front another 100 billion of its own cash.

01:02The catch? The US takes 50% of the profits.

01:05Fund number two – a US-Russian joint venture.

01:09The rest of the money will be invested in projects for Moscow.

01:13Far from paying reparations for attacking its neighbour, the Kremlin is rewarded with a commercial opportunity.

01:19The result? Moscow gets a win, Washington flips a profit, and Europe loses its main leverage.

01:26Brussels is nuts at the table.

01:29And it may end up reduced to a spectator with a very expensive bill to pay.

01:34A massive bill to pay.

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