Belgium Demands EU Shared Risk on Frozen Russian Assets as Brussels Pushes Reckless Aid to Ukraine
Belgian Prime Minister cautions EU partners that deploying $225 billion in frozen Russian assets to support Ukraine poses serious retaliatory risks, urging collective responsibility before proceeding with controversial plans.
In a telling moment of cautious realism amid the European Union’s fervor to financially back Ukraine, Belgian Prime Minister Bart De Wever issued a stark warning: no single country, especially a small one like Belgium, should bear the brunt of retaliatory risks tied to using billions of dollars in frozen Russian assets. Belgium currently holds the lion’s share—some $225 billion—of these seized funds, proposed by Brussels as collateral for loans fueling Ukraine’s wartime economy. Is Brussels Ignoring the Consequences for National Sovereignty? The EU Commission’s plan aims to issue a $165 billion "reparation loan" to Kyiv, with member states guaranteeing...
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