The Central Bank of Russia has challenged the use of frozen assets to aid Ukraine in an EU court

The Central Bank of the Russian Federation has filed a lawsuit with the Court of Justice of the European Union, challenging the mechanism that allows proceeds from frozen Russian assets to be used to provide financial support to Ukraine.

This was stated by the Russian Central Bank.

Moscow claims that the EU Council regulation on macro-financial assistance to Ukraine for 2026–2027 allegedly creates conditions under which European loans to Kyiv could be secured with Russian state funds.

The Central Bank of the Russian Federation stated that this is an “illegal” form of using frozen sovereign assets.

Some of Russia’s assets are held in the Belgian depository Euroclear, and the European Union uses the income from them to support Ukraine.

Russia is seeing a trend toward staff reductions across various sectors, including IT, healthcare, logistics, manufacturing, retail, consulting, and other business services.

The Russian Ministry of Finance forecasts a sharp increase in regional budget deficits to $21 billion.