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Putin’s frozen assets could bring Europe ‘to a standstill’

Posted

December 13, 2025

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“If it were to fail, capital markets might come to a standstill.”

It would be risky for the Belgian securities depository Euroclear to seize Russian assets and give them to Ukraine to fund their war effort, as it could unbalance the European economy, says Belgian professor of financial law at KU Leuven University Veerle Colaert.

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