The court confirmed the immediate execution of the decision to recover €200 billion from Euroclear

The Ninth Arbitration Court of Appeal upheld the decision to immediately enforce the recovery of €200 billion from the Belgian depository Euroclear Bank at the request of the Bank of Russia. This is stated on June 8 in the materials available to Izvestia.

On May 30, Euroclear filed an appeal against this verdict, which the plaintiffs, represented by the Central Bank of Russia, considered fair.

On May 15, the Moscow Arbitration Court granted the claim of the Central Bank of Russia against the European depository Euroclear in the amount of 200 billion euros (about 18.2 trillion rubles). The court applied for an immediate enforcement order.

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On December 12, 2025, the central Bank announced that it would file a claim for damages against Euroclear in the Moscow Arbitration Court. The Bank of Russia clarified that as a result of Euroclear's actions, the regulator lost the ability to dispose of its funds and securities.

In response, Euroclear declared its readiness to defend itself in Russian courts on claims due to the blocking of Russian assets. EC official representative Paula Pinho said that the European Union (EU) is confident in the legality of the use of frozen assets of the Russian Federation.