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Belgium Seeks EU Protections Against Potential Russian Lawsuits

11/17/2025

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Story summary
  • Belgium is concerned that Russia may sue over the use of sanctioned assets held in Euroclear.
  • Mayor De Wever seeks European Union guarantees to shield against Kremlin lawsuits, citing the 1989 bilateral investment treaty with Russia.
  • European Commission President von der Leyen says guarantees would address risks from immobilizing Russian sovereign assets.
  • Her memo outlines alternative financing options for supporting Ukraine if the Russian assets are not utilized.