Russia Files Second Claim Over Frozen Assets in EU Court

Russia filed a second claim with the EU General Court challenging the use of frozen assets for Ukraine debt. It says the move alters the legal status of funds.

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The central bank of Russia filed a second claim with the General Court of the European Union on Monday to challenge the seizure of its sovereign assets. This legal action targets EU regulations that allow frozen Russian funds to repay loans granted to Ukraine. The move intensifies a multi-billion dollar legal battle over the precedent of using sovereign reserves for third-party debt relief.

FILE PHOTO: Members of the Russian National Guard (Rosgvardiya) stand outside the headquarters of the Russian Central Bank on the day of a key rate-setting meeting in Moscow, Russia, April 24, 2026. REUTERS/Anastasia Barashkova/File Photo
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