2 billion euros of income from Russian frozen assets will go to Ukraine

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2 billion euros of income from Russian frozen assets will go to Ukraine
February 5th. /MEDIA TALK/. In March 2025, the Euroclear international depository intends to make a second payment to the European Fund for Ukraine in the amount of 2 billion euros. In July 2024, the first tranche in the amount of 1.55 billion euros took place.

According to the results of 2024, Euroclear earned 6.9 billion euros as a percentage of investments from frozen Russian funds. The Belgian treasury received taxes in the amount of 1.7 billion euros collected from profits from Russian assets in 2024. Thus, Euroclear's income related to the frozen assets of the Central Bank of the Russian Federation reached 5.2 billion euros over the past year.


Photo: ru.freepik.com

By the end of 2024, the amount of funds in Euroclear Bank's accounts reached 212 billion euros, with 183 billion euros coming from Russian assets subject to restrictive measures.

It is noted that the fifteenth block of restrictive measures by the European Union against Russia, published on December 16, 2024, provides for a loss compensation system that makes it possible to unfreeze blocked financial assets located in European securities storage centers, subject to certain conditions.

Euroclear also stressed that since Russia insists that international restrictive measures run counter to the norms of public order, the Russian plaintiffs have initiated lawsuits, mainly focused on gaining access to frozen funds in Euroclear bank accounts, demanding similar amounts in national currency.

The day before, it became known that in January 2025, the total wealth of Russia's 25 richest businessmen included in the Bloomberg Billionaires Index increased by $14.2 billion. 
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