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Abstract
<p>Tim Vogler examines the international legal framework, the limits, and perspectives governing the EU’s treatment of foreign central bank assets. The focus is on the concepts of immunity and the right of countermeasures under international law, as these are of particular importance in the given context. The author also discusses Investment protection and the principle of non-intervention. Using the sanctions regime against the Russian central bank as a case study, he legally assesses existing measures and identifies options for action. The emphasis is on the financing instruments, whose analysis provides insights into the practical implementation of support for Ukraine and their significance in the context of central bank sanctions.</p>