Euroclear
Euroclear is a Belgian-based central securities depository that settles transactions across European capital markets. Following Russia's full-scale invasion of Ukraine, it froze Russian sovereign assets held through the institution under EU sanctions, making it central to discussions about using those funds to support Ukraine. The company is headquartered in Brussels.
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Ukraine's 2027 budget has $32.6 billion uncovered financing need, finance minister says
Ukraine's Finance Minister Serhiy Marchenko said the country's 2027 budget faces an uncovered financing need of $32.6 billion — the tightest budget situation since the start of the full-scale Russian invasion in 2022. He called on European partners to seek additional sources of financing and presented a new proposal to redistribute roughly $300 billion in frozen Russian assets across all 27 EU member states.