Bangladesh, Aug. 28 -- Hungary has launched a legal battle against the European Union, filing a lawsuit to annul the blocs decision to channel interest generated from frozen Russian assets into military aid for Ukraine. The case highlights a deepening rift between Budapest and Brussels over the EUs approach to the conflict, raising both legal and political questions about the legitimacy of the measure and the future of unanimity in EU decision-making.
When Russia escalated its military campaign in Ukraine in February 2022, Western nations responded with sweeping sanctions that immobilized an estimated $300 billion in Russian central bank assets worldwide. Of this, nearly €200 billion was trapped in Euroclear, the Brussels-based cle...
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