The claim filed with the EU’s General Court in Luxembourg contests the European Council’s regulation of Dec 12, 2025, according to a Russian central bank statement published on Tuesday. The EU intends to keep the assets immobilised until the war ends and Russia pays reparations to Ukraine. The European Commission took note of the Russian central bank’s claim, spokesperson Balazs Ujvari told reporters on Tuesday. “We are fully confident about the legality of this regulation and its compatibility with EU law and international law,” he said. Shortly after the EU published the regulation, the Russian central bank issued a warning to the bloc, threatening to seek compensation in local courts from European lenders if it proceeded to use the frozen assets to support Ukraine.

Source: The Edge Markets March 03, 2026 14:26 UTC