EU's Article 122 Use Sparks Controversy
EU froze €210 billion in Russian sovereign assets under Article 122.
15 EU countries (65% population) agreed to permanently freeze Russian assets.
Assets include €25 billion from private accounts and €140 billion in Euroclear.
Belgium and Hungary oppose the plan, with Belgium fearing liabilities.
Legal experts argue Article 122 was used for COVID-19 measures.
EU Commission claims the freeze is justified for economic security.
1 month ago