News about frozen assets: events, facts and developments on tafs uz.
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The Moscow Arbitration Court on October 22 rejected Euroclear's appeal, upholding the ruling awarding about $250 billion to the Central Bank of Russia. The company said it will continue to defend its interests, including in Belgian courts.
Aziz KarimovBelgian Prime Minister Bart De Wever said that the European Commission will not put forward a proposal to finance Ukraine using frozen Russian assets held at Euroclear. He cited assurances given at the previous EU summit and warned that public statements in favor of asset confiscation could have legal consequences.
Javlon TursunovRetired General Ben Hodges accused the Trump administration of deliberately weakening Ukraine's defense capability in order to pressure Kyiv into ceding territory. Among the grievances: a ban on strikes on refineries, the cancellation of sanctions, Starlink restrictions and Patriot delays. Kurt Volker urged Europe to develop a 'Plan B' for security.
Sevara AzamovaZelensky told EU leaders the war will cost Ukraine €155 billion in 2026 and requested at least €70 billion more. The Commission was tasked with working out options: new joint borrowing or the use of frozen Russian assets worth €210 billion, which Belgium opposes.
Aziz KarimovOn the second day of the European Union summit, Volodymyr Zelensky will discuss military aid, air defense and protection of energy infrastructure with EU leaders. Kyiv estimates the 2027 funding gap at $78 billion. The US proposed channeling €210 billion of frozen Russian assets into a mechanism controlled by Washington — Chancellor Friedrich Merz rejected the idea. EU leaders also failed to agree on the seven-year budget.
Otabek Yusupov
