Seizing Russian money could ‘devastate’ Euroclear – Reuters

Seizing Russian money could ‘devastate’ Euroclear – Reuters

Brussels needs and an “emergency mechanism” in case its plan to fund Kiev with Russia’s money backfires, an EU official has said The entire global financial system could be jeopardized if Euroclear, the main EU clearing house holding hundreds of billions in frozen Russian money, is sued over using the money to fund Kiev, a senior bloc…

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