eFinder

eFinder

Home › Legal dispute over sovereign assets › Article

What to know about Russian assets income transfer to Kiev by Euroclear

TASS · · 458 words
Legal dispute over sovereign assets Russian judicial retaliation Financial transfers to Ukraine

The article reports on the transfer of €6.6 billion in income from reinvested frozen Russian assets to Ukraine by the Euroclear depository. It details the financial figures involved, the Belgian tax on these funds, and the legal actions taken by the Bank of Russia against Euroclear in Moscow courts.

open_in_new Read the original article: https://tass.com/economy/2128647

analyticsAnalysis

40%
Propaganda Score
confidence: 95%
Moderate concerns. Notable use of persuasive or loaded language.

psychologyDetected Techniques

warning
Loaded Language 90% confidence
Using words with strong emotional connotations to influence an audience.

fact_checkFact-Check Results

11 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

check_circle Corroborated 4
info Single Source 4
cancel Disputed 1
help Insufficient Evidence 1
schedule Pending 1
check_circle
“The Euroclear depository reported that it has transferred €6.6 billion raised from the reinvestment of frozen Russian assets to Kiev since 2024.”
CORROBORATED
Multiple independent sources, including TASS and a report mentioned in a web search, confirm that Euroclear reported transferring €6.6 billion in income from reinvested Russian assets to Ukraine since 2024.
menu_book
wikipedia NEUTRAL — Within days of the Russian invasion of Ukraine in February 2022 Western countries moved to freeze Russian Central Bank funds in these countries. This was followed by proposals to permanently confiscat…
https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra…
menu_book
wikipedia NEUTRAL — Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear…
https://en.wikipedia.org/wiki/Euroclear
menu_book
wikipedia NEUTRAL — Euroclear Bank is the international central securities depository (ICSD) of the Euroclear Group, based in Brussels, Belgium. It is one of the world's two main ICSDs, the other one being Clearstream Ba…
https://en.wikipedia.org/wiki/Euroclear_Bank
+ 3 more evidence sources
check_circle
“These payments were made between February 15, 2024, and the present.”
CORROBORATED
Web search results explicitly state that transfers of interest income to the Ukraine support fund have been taking place since February 15, 2024.
menu_book
wikipedia NEUTRAL — Within days of the Russian invasion of Ukraine in February 2022 Western countries moved to freeze Russian Central Bank funds in these countries. This was followed by proposals to permanently confiscat…
https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra…
menu_book
wikipedia NEUTRAL — Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear…
https://en.wikipedia.org/wiki/Euroclear
menu_book
wikipedia NEUTRAL — Following the full declaration of the Russian invasion of Ukraine, which started on 24 February 2022, institutions such as the United States, the European Union, and other Western countries introduced…
https://en.wikipedia.org/wiki/International_sanctions_during…
+ 3 more evidence sources
info
“The next payment of €1.4 billion will be sent in July 2026, according to the report.”
SINGLE SOURCE
While the general context of transfers is corroborated, the specific detail about a €1.4 billion payment in July 2026 is not independently confirmed by multiple sources in the provided evidence.
menu_book
wikipedia NEUTRAL — Within days of the Russian invasion of Ukraine in February 2022 Western countries moved to freeze Russian Central Bank funds in these countries. This was followed by proposals to permanently confiscat…
https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra…
menu_book
wikipedia NEUTRAL — Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear…
https://en.wikipedia.org/wiki/Euroclear
menu_book
wikipedia NEUTRAL — Following the full declaration of the Russian invasion of Ukraine, which started on 24 February 2022, institutions such as the United States, the European Union, and other Western countries introduced…
https://en.wikipedia.org/wiki/International_sanctions_during…
+ 3 more evidence sources
info
“"At the end of March 2026, Euroclear Bank’s balance sheet totalled €237 billion, of which €200 billion relate to sanctioned Russian assets," the depository said in its report.”
SINGLE SOURCE
The specific balance sheet figures for March 2026 are not corroborated by multiple independent sources in the provided evidence.
menu_book
wikipedia NEUTRAL — Within days of the Russian invasion of Ukraine in February 2022 Western countries moved to freeze Russian Central Bank funds in these countries. This was followed by proposals to permanently confiscat…
https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra…
menu_book
wikipedia NEUTRAL — Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear…
https://en.wikipedia.org/wiki/Euroclear
menu_book
wikipedia NEUTRAL — Euroclear Bank is the international central securities depository (ICSD) of the Euroclear Group, based in Brussels, Belgium. It is one of the world's two main ICSDs, the other one being Clearstream Ba…
https://en.wikipedia.org/wiki/Euroclear_Bank
+ 3 more evidence sources
check_circle
“Euroclear's revenue from the reinvestment of frozen Russian sovereign assets in 2025 fell by 26% in 2025 compared to 2024 due to lower interest rates, according to the depository's report published in February.”
CORROBORATED
Two separate web search results confirm that interest revenues from frozen Russian assets at Euroclear decreased by 26% last year.
menu_book
wikipedia NEUTRAL — Within days of the Russian invasion of Ukraine in February 2022 Western countries moved to freeze Russian Central Bank funds in these countries. This was followed by proposals to permanently confiscat…
https://en.wikipedia.org/wiki/Confiscation_of_Russian_centra…
menu_book
wikipedia NEUTRAL — Euroclear, or the Euroclear Group, is a Belgium-based financial market infrastructure group that specialises in the central securities depository (CSD) segment. It traces its origins to the Euro-clear…
https://en.wikipedia.org/wiki/Euroclear
menu_book
wikipedia NEUTRAL — Following the full declaration of the Russian invasion of Ukraine, which started on 24 February 2022, institutions such as the United States, the European Union, and other Western countries introduced…
https://en.wikipedia.org/wiki/International_sanctions_during…
+ 3 more evidence sources
cancel
“Belgium levies a 30% tax on the full amount for "unforeseen corporate income" for its budget, according to the report.”
DISPUTED
One source mentions a 25% corporate tax rate on the interest income (€1.7 billion on €6.9 billion), while the claim asserts a 30% tax for 'unforeseen corporate income'.
travel_explore
web search NEUTRAL — Euroclear reinvests these balances and records the resulting interest income as its own. In 2024, that interest related to Russian assets reached €6.9 billion. On this, Belgium levied around €1.7 bill…
https://eutoday.net/belgium-tracing-the-money-promised-to-uk…
travel_explore
web search NEUTRAL — "There is no malice in Belgium's position," she said, adding that N-VA leader Bart De Wever's objection to the EU plan was based on concerns about financial risk, not tax income. Euroclear, based in B…
https://www.brusselstimes.com/1820672/lawyer-accuses-belgian…
travel_explore
web search NEUTRAL — The Belgian depository Euroclear has transferred approximately €6.6 billion to the European Fund for Ukraine since Feb. 15, 2024, from proceeds generated by reinvesting frozen Russian assets, accordin…
https://theins.press/en/news/292391
check_circle
“In December 2025, the Bank of Russia filed a lawsuit against Euroclear for 18.2 trillion rubles ($245 bln) in the Moscow Arbitration Court”
CORROBORATED
Multiple sources, including Bloomberg, TASS, and Izvestia, confirm that the Bank of Russia filed a lawsuit against Euroclear in December 2025 for approximately 18.2 trillion rubles.
travel_explore
web search NEUTRAL — The Bank of Russia filed a lawsuit in Moscow seeking 18.2 trillion rubles ($229 billion) from Euroclear, the state-run Tass news service reported Monday.
https://www.bloomberg.com/news/articles/2025-12-15/russia-se…
travel_explore
web search NEUTRAL — - In December 2025, the Bank of Russia filed a lawsuit against Euroclear for 18.2 trillion rubles ($245 bln) in the Moscow Arbitration Court, amid the European Union's plans to use frozen Russian asse…
https://tass.com/economy/2128647
travel_explore
web search NEUTRAL — On December 12, the central bank filed a lawsuit against the Belgian depository Euroclear for 18.2 trillion rubles (€195.5 billion). It will be considered in the Moscow Arbitration Court.
https://iz.ru/en/node/2008839
info
“the Moscow Arbitration Court postponed the Bank of Russia’s lawsuit against Euroclear until May 15, 2026”
SINGLE SOURCE
The specific detail that the Moscow Arbitration Court postponed the hearing until May 15, 2026, is reported by TASS but not corroborated by other independent sources in the evidence.
travel_explore
web search NEUTRAL — The Bank of Russia has filed a lawsuit against Euroclear in Moscow and is ready to go to international courts.On December 12, the Central Bank of the Russian Federation announced that it would file a …
https://en.iz.ru/en/2009916/2025-12-17/moscow-arbitration-co…
travel_explore
web search NEUTRAL — Hal Turner, January 17, 2026At the order of the US Navy, the aircraft carrier battle group of the USS George H.W. Bush (CVN-77) - the second of its kind - has already left Norfolk and is on its way to…
https://news-pravda.com/russia/2026/01/19/2013350.html
travel_explore
web search NEUTRAL — - Later, the Moscow Arbitration Court postponed the Bank of Russia’s lawsuit against Euroclear until May 15, 2026, according to a participant in the closed-door hearing.
https://tass.com/economy/2128647
help
“The EU and G7 countries have frozen approximately €300 billion in Russian assets.”
INSUFFICIENT EVIDENCE
No evidence was provided for this specific claim in the search results.
info
“About €180 billion is held in the Belgian depository Euroclear.”
SINGLE SOURCE
One source mentions Euroclear holds around €193 billion in frozen Russian assets, which is close to the claim's €180 billion, but it is not corroborated by multiple sources.
schedule
“The European Commission is seeking EU member states' consent to the use of Russian assets for Ukraine.”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.