Le Pen condemns Russia over seizure of European companies’ assets
Euroclear faces multiple proceedings in Russian courts, including a case launched by the Russian Central Bank that challenges the immobilization of its assets. This legal siege is costing Euroclear hundreds of millions of euros in 2026. The intensifying legal battle follows Moscow placing 17 European firms under temporary administration in retaliation for European support of Ukraine. While American competitors have largely escaped these penalties, the Kremlin continues its legal actions and vows to target any European state that seizes frozen assets, creating deep anxiety in Belgium.
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- ✓ Euroclear is facing multiple proceedings in Russian courts.
- ✓ A case was launched by the Russian Central Bank to challenge the immobilization of its assets.
- ✓ The legal siege is costing Euroclear hundreds of millions of euros in 2026.
What changed
Russian court proceedings against Euroclear have intensified, costing the firm hundreds of millions of euros in 2026.
Live updates
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Euroclear Faces Escalating Legal Siege From Moscow Over Seized Assets
Euroclear faces multiple proceedings in Russian courts, including a case launched by the Russian Central Bank that challenges the immobilization of its assets. This legal siege is costing Euroclear hundreds of millions of euros in 2026. The intensifying legal battle follows Moscow placing 17 European firms under temporary administration in retaliation for European support of Ukraine. While American competitors have largely escaped these penalties, the Kremlin continues its legal actions and vows to target any European state that seizes frozen assets, creating deep anxiety in Belgium.
Why it matters
The dispute centers on retaliatory measures between Moscow and the European Union over frozen state assets and corporate expropriations involving firms like Metro, Nestlé, and Tarkett. Belgium remains particularly nervous as the Kremlin targets European states holding frozen funds. Meanwhile, the legal pressure compounds financial losses for clearing houses like Euroclear amid ongoing diplomatic friction.
What is confirmed
- Euroclear is facing multiple proceedings in Russian courts.
- A case was launched by the Russian Central Bank to challenge the immobilization of its assets.
- The legal siege is costing Euroclear hundreds of millions of euros in 2026.
Still unconfirmed
- The European Union may have a way around Kremlin threats regarding frozen assets in Belgium.
What to watch next
- Developments in Russian court rulings regarding Euroclear assets
- Potential European Union countermeasures or asset unfreezing decisions in Belgium
confidence 100%Sources used for this update (5)
- thearabianpost.com — Moscow ruling intensifies Euroclear asset fight — Arabian Post
- kyivindependent.com — Russia's legal siege over assets continues, costing Euroclear hundreds of millions of euros in 2026
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Le Pen Condemns Russian Seizure of European Assets
French political figure Marine Le Pen has condemned the seizure of European companies by Russian authorities. Moscow has placed 17 European firms under temporary administration as retaliation for European support of Ukraine. Meanwhile, American competitors largely remain spared from similar penalties during this diplomatic friction between Moscow and the European Union, affecting companies such as Tarkett and Ontex. Vladimir Putin insists Russia is creating favourable conditions for European entities despite expropriating assets from firms like Metro, Nestlé and Tarkett. European far-right parties continue to navigate internal divisions regarding historical ties to Russia.
Why it matters
The strategic diplomatic maneuver highlights divisions in how Moscow treats European businesses compared to American counterparts during ongoing sanctions over the conflict in Ukraine. European far-right politicians face pressure regarding past associations with Moscow while businesses absorb the financial fallout of temporary management takeovers.
What is confirmed
- Marine Le Pen has condemned the move against European firms.
- Russian authorities placed 17 European companies under temporary administration.
- Vladimir Putin insists Russia is creating favourable conditions for European entities despite expropriating assets from firms like Metro, Nestlé and Tarkett.
Still unconfirmed
- The Kremlin attributes the differentiation between European and U.S. firms to Trump's peacemaking.
What to watch next
- Further official responses from European Union leadership regarding the asset seizures.
- Additional announcements from the Kremlin concerning foreign business administration.
confidence 90%Sources used for this update (4)
- www.telegraph.co.uk — Marine Le Pen - The Telegraph
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Le Pen Condemns Russian Asset Seizures
Russian authorities have intensified actions against European businesses operating within the country, placing local assets under temporary management as retaliation for European support of Ukraine. French political figure Le Pen has condemned the move against European firms. Meanwhile, American competitors largely remain spared from similar penalties during this diplomatic friction between Moscow and the European Union, affecting companies such as Tarkett and Ontex. European far-right parties continue to navigate internal divisions regarding historical ties to Russia.
Why it matters
Moscow enacted a decree targeting the local assets of four companies from France, Germany, Sweden, and Belgium. This corporate crackdown occurs amidst escalating geopolitical tension between Russia and European nations over the ongoing conflict in Ukraine. The differential treatment of European versus American businesses highlights shifting commercial realities under current international sanctions.
What is confirmed
- Russian President Vladimir Putin signed a decree placing the local assets of four companies from France, Germany, Sweden, and Belgium under temporary management.
- Russia has deepened a crackdown on European companies in response to Europe.
Still unconfirmed
- American competitors are largely spared from the penalties affecting European firms.
What to watch next
- Further responses from European Union officials regarding asset seizures
- Additional corporate asset actions by Russian authorities
- Statements from far-right European factions regarding relations with Moscow
confidence 90%Sources used for this update (3)
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Russia Seizes EU Assets as Regional Pressures Mount
Russian President Vladimir Putin signed a decree placing the local assets of four companies from France, Germany, Sweden, and Belgium under temporary management. This action targets firms like Tarkett and Ontex, serving as retaliation for European support of Ukraine during the ongoing conflict. The corporate seizures occur amidst heightened diplomatic tensions and broader geopolitical friction between Moscow and the European Union. Concurrently, European far-right parties continue to grapple with internal divisions concerning their historical sympathies toward Russia.
Why it matters
The recent asset seizures illustrate the deepening economic fallout of the conflict in Ukraine, as Moscow targets firms from nations supporting Kyiv. This friction intersects with wider debates across Europe, where far-right political figures face internal pressure regarding their past stances on Russia. The measures underscore how economic instruments are increasingly utilized as direct retaliation in geopolitical disputes.
What is confirmed
- Russian President Vladimir Putin signed a decree placing local assets of four companies from France, Germany, Sweden, and Belgium under temporary management.
- The corporate seizure targets firms such as Tarkett and Ontex.
What to watch next
- Responses from the governments of France, Germany, Sweden, and Belgium regarding the asset seizures
- Further European Union economic measures or retaliatory sanctions against Moscow
confidence 100%Sources used for this update (4)
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- www.devdiscourse.com — Russia takes over more EU companies' assets over Ukraine ...
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Russia Seizes EU Corporate Assets Amid Regional Tensions
Russian President Vladimir Putin signed a decree placing the local assets of four companies from France, Germany, Sweden, and Belgium under temporary management. The move targets firms such as Tarkett and Ontex and serves as retaliation for Europe's wartime support for Ukraine. This corporate seizure occurs amid heightened diplomatic strains and aligns with broader geopolitical friction between Moscow and the European Union. Europe's far-right parties face internal divisions regarding their historical sympathies toward Russia as the conflict continues.
Why it matters
Nationalist and right-wing populist groups across Western Europe are attempting to distance themselves from past ties to Moscow while maintaining a shared opposition to liberalism, NATO, and the EU. The recent asset seizures impact major European economies and escalate the economic confrontation tied to the ongoing war in Ukraine. This development highlights the complex political realigning occurring across the continent as European nations navigate security and trade vulnerabilities.
What is confirmed
- President Vladimir Putin signed a decree placing the Russian assets of French, German, Swedish, and Belgian companies under temporary management.
- The targeted firms include Tarkett and Ontex.
- The asset seizure serves as retaliation for Europe's wartime support for Ukraine.
Still unconfirmed
- EU officials and the Ukrainian government are actively finalizing a fresh round of sanctions against Russia ahead of the French presidential election cycle.
What to watch next
- Further European Union retaliatory economic measures or diplomatic responses to the asset seizures
- Reactions from the governments of France, Germany, Sweden, and Belgium regarding the placement of their companies under temporary management
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- kelo.com — Russia takes control of more European corporate assets ahead ...
- www.straitstimes.com — Russia takes control of more European corporate assets ahead ...
- www.internazionale.it — Russia seizes more EU companies’ assets over Ukraine support
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Le Pen condemns Russia over seizure of European companies' assets
Marine Le Pen has condemned Russia's seizure of European companies' assets, following a decree by Vladimir Putin on September 17 that stripped six foreign groups of control over their Russian stores. This move is seen as retaliation for renewed European Union sanctions and alleged EU involvement in the Ukraine conflict. Le Pen's condemnation comes amid heightened tensions between Russia and the EU.
Why it matters
The seizure of European companies' assets in Russia is part of a broader economic pressure campaign by Moscow. This move targets European firms with temporary management, affecting companies like German retail chain Metro. The conflict between Russia and the EU has been escalating due to the ongoing situation in Ukraine.
What is confirmed
- A decree issued by Vladimir Putin on September 17 stripped six foreign groups of control over their stores in Russia.
- The seizure targets European firms with temporary management over renewed European Union sanctions and alleged European Union involvement in the Ukraine conflict.
- Marine Le Pen and Jordan Bardella have condemned Russia over its seizure of European companies and economic pressure.
Still unconfirmed
- A source close to Moscow business circles said German retail chain Metro asked Russian authorities to place it under temporary management.
What to watch next
- Further condemnations from EU leaders
- Russia's response to EU sanctions
- Development of the Ukraine conflict
confidence 100%Sources used for this update (7)
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Le Pen Condemns Russian Seizures of European Assets
Marine Le Pen and Jordan Bardella have condemned Russia over its seizure of European companies and economic pressure. By a decree issued by Vladimir Putin on September 17, six foreign groups were stripped of control over their stores in Russia. Government and company sources previously confirmed that Moscow targeted European firms with temporary management over renewed European Union sanctions and alleged European Union involvement in the Ukraine conflict. A source close to Moscow business circles told Le Monde that German retail chain Metro asked Russian authorities to place it under temporary management.
Why it matters
Moscow is systematically stripping foreign owners of management rights in retaliation for European actions tied to the Ukraine war. A senior Russian government source previously stated that these takeovers are intended to pressure the European Union over sanctions. Meanwhile, European bodies continue to push back against Russian aggression, with the Parliamentary Assembly of the Council of Europe condemning Russia for hostile acts against European democracies.
What is confirmed
- Marine Le Pen and Jordan Bardella condemned Russian economic pressure and the seizure of European companies' assets.
- Vladimir Putin signed a decree on September 17 stripping six foreign groups of control over their stores in Russia.
- Moscow has placed foreign-owned business assets under temporary management, targeting European firms following renewed European Union sanctions.
Still unconfirmed
- German retail chain Metro asked Russian authorities to place it under temporary management.
What to watch next
- Further official announcements from European retail chains regarding voluntary or forced temporary management in Russia.
- Additional responses from European Union leaders regarding Russian asset seizures.
confidence 100%Sources used for this update (8)
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Russia Targets EU Firms With Asset Seizures Over Sanctions
Russia has placed foreign-owned business assets under temporary management, targeting European firms following renewed European Union sanctions. Government and company sources confirm that Moscow is stripping foreign owners of management rights in retaliation for European actions and alleged European Union involvement in the Ukraine conflict. A senior Russian government source previously stated that the takeovers intend to pressure the European Union over sanctions, asserting that Western firms should be scared. Marine Le Pen and Jordan Bardella condemned these seizures and Russian economic pressure.
Why it matters
The Kremlin's corporate crackdown marks a sharp escalation in economic tensions between Russia and the European Union. By transferring control of foreign operations, Moscow aims to inflict direct costs on European corporations in response to ongoing Western sanctions. Analysts note that national sovereignty remains central to the Rassemblement National foreign policy approach as French leadership reacts to the growing crisis.
What is confirmed
- Russia is transferring foreign-owned business assets under temporary management following renewed EU sanctions.
- Government and company sources confirm that Russia has singled out European firms to strip foreign owners of the right to manage their Russian assets.
- The Kremlin accuses the European Union of involvement in the war in Ukraine.
Still unconfirmed
- Moscow intends to widen its corporate crackdown further against Western entities.
What to watch next
- Additional European Union responses or counter-sanctions against Moscow
- Further corporate asset seizures targeting foreign companies in Russia
confidence 90%Sources used for this update (3)
- www.ctvnews.ca — Moscow sends EU message with widening corporate crackdown
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Moscow Targets European Firms With Temporary Asset Seizures
Marine Le Pen and Jordan Bardella condemned Russian hybrid activity, including the seizure of European company assets and economic pressure, following the Kremlin taking control of Nestle and Auchan operations in Russia. Moscow characterized these actions as payback for European sanctions and hostile steps. A senior Russian government source stated that the temporary takeovers are meant to pressure the European Union over sanctions, declaring that the time has come for asymmetric measures and that Western firms should be scared. Meanwhile, analysts observe that national sovereignty remains the central pillar of the Rassemblement National foreign policy approach.
Why it matters
The Kremlin is widening its corporate crackdown against European-owned companies by placing their assets under temporary management. This escalation occurs amid rising tensions over the war in Ukraine and ongoing European Union sanctions. Observers note that Russia appears to be treating American firms differently than European ones, raising questions about whether the strategy aims to weaken the transatlantic alliance.
What is confirmed
- Marine Le Pen and Jordan Bardella condemned Russian hybrid activity, intelligence operations, and the seizure of European company assets.
- The Kremlin took control of Nestle and Auchan operations inside Russia.
- A senior Russian government source told Reuters that temporary takeovers of European company assets are meant to pressure the European Union over sanctions.
- Russia is tightening its grip on European-owned companies while taking a different approach toward American firms.
Still unconfirmed
- The differential treatment of American versus European firms is part of a broader strategy by Moscow to weaken the transatlantic alliance.
What to watch next
- Additional announcements identifying which Western companies could be targeted next by Moscow.
- Formal policy responses or retaliatory measures from the European Union regarding the asset seizures.
confidence 90%Sources used for this update (5)
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- meduza.io — ‘Let them be scared.’ Senior Russian government ... - Meduza
- ground.news — “Let Them Be Afraid”: Russia Signals Wave of Asset Seizures ...
- www.dw.com — Why is Russia seizing control of European companies?
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Le Pen Condemns Russian Asset Seizures
Marine Le Pen and Jordan Bardella have condemned Russian hybrid activity in Europe, specifically targeting the seizure of European company assets, economic pressure, and intelligence operations. This sharp criticism follows the Kremlin taking control of Nestle operations in Russia alongside assets belonging to Auchan. Moscow characterizes these asset seizures as payback for hostile actions initiated by Europe. Although Le Pen has issued strong statements denouncing these moves and Russian attempts to influence French decision-making, analysts note that national sovereignty remains the central pillar of the Rassemblement National foreign policy approach.
Why it matters
The Kremlin defends the seizure of European corporate assets, including operations belonging to Nestle and Auchan, by describing the actions as retaliation for hostile European measures. Observers point out that despite this sharp condemnation of Russian hybrid activity and influence attempts, the Rassemblement National maintains a foreign policy stance centered strictly on national sovereignty.
What is confirmed
- Marine Le Pen and Jordan Bardella condemned Russian hybrid activity in Europe, focusing on the seizure of European company assets, economic pressure, and intelligence operations.
- The Kremlin took control of Nestle operations in Russia alongside assets belonging to Auchan.
- Moscow characterizes the asset seizures as payback for hostile actions initiated by Europe.
- Analysts note that national sovereignty remains the central pillar of the Rassemblement National foreign policy approach.
What to watch next
- Further responses from European leaders regarding the asset seizures
- Additional corporate asset actions by Moscow against foreign companies
- Shifts in Rassemblement National foreign policy messaging
confidence 100%Sources used for this update (7)
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Marine Le Pen Condemns Russian Seizure of European Assets
Marine Le Pen and Jordan Bardella have condemned Russian hybrid activity in Europe, focusing specifically on the seizure of European company assets, economic pressure, and intelligence operations. This sharp criticism coincides with the Kremlin taking control of Nestle operations in Russia alongside assets belonging to Auchan. Moscow characterizes these asset seizures as payback for hostile actions initiated by Europe. Although Le Pen has issued strong statements denouncing these moves and Russian attempts to influence French decision-making, analysts note that national sovereignty remains the central pillar of the Rassemblement National foreign policy approach.
Why it matters
Europe faces rising tensions as far-right parties gain momentum across the continent amid anti-establishment sentiment. The Kremlin defends its takeover of foreign corporate assets as retaliation against Western hostility. While prominent French figures distance themselves from Moscow through public condemnations, observers emphasize that the core political motivations of these parties remain rooted in national sovereignty.
What is confirmed
- Marine Le Pen and Jordan Bardella have condemned Russian hybrid activity in Europe, including intelligence operations and economic pressure.
- The Kremlin seized control of Nestle's Russian operations and assets belonging to Auchan.
- Russia characterizes the asset seizures as payback for hostile actions taken by Europe.
Still unconfirmed
- National sovereignty remains the central pillar of the Rassemblement National foreign policy according to analysts.
What to watch next
- Further European corporate asset seizures by Moscow
- Additional policy responses from the Rassemblement National regarding Russia
confidence 100%Sources used for this update (8)
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Le Pen Condemns Russia Following Seizure of European Assets
Marine Le Pen and Jordan Bardella have condemned Russian hybrid activity in Europe, specifically targeting the seizure of European company assets, economic pressure, and intelligence operations. This criticism coincides with the Kremlin seizing control of Nestle's Russian operations and assets belonging to Auchan. Russia characterizes these seizures as payback for hostile actions taken by Europe. While Le Pen has issued a strong statement against these actions and Russian attempts to influence French decision-making, analysts indicate that national sovereignty remains the central pillar of the Rassemblement National's foreign policy.
Why it matters
The Kremlin is increasing its crackdown on private businesses and tightening its grip on Western assets. Switzerland has formally criticized the seizure of Nestle and is seeking a reversal of the decision. These tensions occur as European leaders navigate varying degrees of confrontation with Moscow.
What is confirmed
- The Kremlin has seized Nestle's assets and local operations in Russia.
- Russia describes the seizures of Nestle and Auchan assets as payback for European hostile actions.
- Marine Le Pen and Jordan Bardella condemned Russian sabotage, intelligence operations, and economic pressure.
Still unconfirmed
- Switzerland is seeking a reversal of the Nestle asset seizure.
- The Rassemblement National's statement does not represent a major shift in its core foreign policy regarding sovereignty.
What to watch next
- The outcome of Switzerland's efforts to reverse the Nestle seizure
- Further official responses from the French government regarding Russian hybrid activity
confidence 90%Sources used for this update (13)
- CNN — Kremlin seizes Nestlé’s assets in Russia as crackdown on private business grows
- CNBC — Putin targets Nestle's Russian business as Kremlin tightens grip on Western assets
- Reuters — Russia says Nestle, Auchan asset seizures are payback for hostile actions by Europe
- Bloomberg.com — Switzerland Criticizes Russia’s Nestle Seizure, Seeks Reversal
- pravda.com.ua — Le Pen condemns Russia's hostile actions against France
- WSJ — Russia Seizes Control of Nestlé’s Local Operations
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