It’s a shame (and maybe shameful) they couldn’t use the frozen assets. I found this from an article in the Sydney Morning Herald, but didn’t want overpost the story.
“Some €210 billion of Russian assets are frozen in Europe, most of them in the Belgian financial clearing house Euroclear. Belgium had objected to the loan plan, calling it legally risky and warning that it could harm Euroclear’s business.”
Think it’s important to see what influence banks have on highly political decisions.
It’s a shame (and maybe shameful) they couldn’t use the frozen assets. I found this from an article in the Sydney Morning Herald, but didn’t want overpost the story.
Think it’s important to see what influence banks have on highly political decisions.
Link to Sydney Herald article, similiar reporting.