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Russia's Court Orders European Central Clearing Bank to Pay €200 Billion to Central Bank on May 26

GateNews

2026-05-26 19:28:07

According to Jin10, on May 26, Russia's Moscow Arbitration Court approved the Russian central bank's application to convert a compensation ruling against the European Central Clearing Bank into "immediate enforcement." The court ordered the bank to pay approximately €200 billion to the Russian central bank. The court had previously rendered a first-instance verdict on May 15 requiring the payment. Immediate enforcement means the decision bypasses the standard appeal waiting period. The frozen Russian central bank assets remain under EU sanctions framework, indicating the court's ruling is legally binding within Russia but actual asset recovery depends on the EU's position.

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