“If it were to fail, capital markets might come to a standstill.”
It would be risky for the Belgian securities depository Euroclear to seize Russian assets and give them to Ukraine to fund their war effort, as it could unbalance the European economy, says Belgian professor of financial law at KU Leuven University Veerle Colaert.
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Putin’s frozen assets could bring Europe ‘to a standstill’
Commentary and Video
“If it were to fail, capital markets might come to a standstill.”
It would be risky for the Belgian securities depository Euroclear to seize Russian assets and give them to Ukraine to fund their war effort, as it could unbalance the European economy, says Belgian professor of financial law at KU Leuven University Veerle Colaert.
Join this channel to get access to perks –
https://www.youtube.com/channel/UCTjDhFuGXlhx9Us0gq0VK2w/join
📻 Listen to Times Radio – https://www.thetimes.co.uk/radio
🗞 Subscribe to The Times https://www.thetimes.co.uk/subscribe/radio-3for3/
📲 Get the free Times Radio app https://www.thetimes.co.uk/radio/how-to-listen-to-times-radio/app
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Amnon J. Jobi is sole Editor in Chief at The Daily Reformer®. He writes like it is 1998.
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