Ukraine’s Western backers froze about $300 billion in Russian central bank assets in 2022, most of which is held at the Brussels-based depository A Moscow arbitration court has granted the Bank of Russia’s request for the immediate enforcement of a ruling ordering Euroclear to pay around €200 billion ($233 billion), RBK reported on Tuesday, citing lawyers for the Belgian clearing house. Ukraine’s Western backers froze about $300 billion in Russian sovereign assets after the escalation of the conflict between Moscow and Kiev in 2022, most of it held at the Brussels-based depository. While the EU has so far stopped short of seizing the assets outright, Brussels has transferred some €6.6 billion in profits generated from frozen Russian central bank assets to a fund for Ukraine since 2024. Moscow has said any use of its frozen assets would amount to theft, also warning it could retaliate by seizing about €200 billion in Western assets held in Russia, though it has so far stopped short of doing so.…