www.stiripesurse.ro/belgia-se-opune-transferului-a

Valerie Urbain, CEO of Euroclear, warns that transferring frozen Russian assets without assuming liabilities could lead to the company's bankruptcy. The EU has blocked approximately €210 billion of Russian Central Bank assets since the Ukraine invasion. Euroclear holds about €185 billion of these assets, over 80% of its balance sheet. Some EU states support transferring these assets to Ukraine, but Belgium opposes this. Urbain emphasizes that any transfer would require permanent guarantees from EU member states until the war ends. Euroclear shareholders agreed to transfer nearly €8 billion in interest from these assets to support Ukraine. Urbain also noted that Euroclear has not faced cyberattacks despite recent incidents in Europe.