EU Seizure of Russia’s Assets Could Erode Euro’s Reserve Status

1 month ago 26

EU's Seizure of Russia's Assets Could Erode Euro's Reserve StatusSeizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian clearinghouse responsible for holding the bulk of Russia’s frozen central bank assets, has raised significant concerns about the risks and […]

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