US EditionStuck: Belgium Did Not Support the Expropriation of Russian Assets — Reuters: EADaily
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13 Articles
The European Union’s aspiration to hand over to Ukraine, in the form of a loan, billions of euros of Russia’s sovereign assets immobilized on EU territory by sanctions, has stalled. Belgium, the country where the vast majority of these funds remain, stopped the decision at the summit on Thursday. It claimed that the plan prepared by the European Commission does not provide it with the legal guarantees it needs to cover the risk of the Kremlin’s …
At the EU summit in Brussels, Belgium is blocking the plan to use frozen Russian state assets for a billion-dollar loan to Kiev.
Belgium ensures that the text coming out of the summit is not a political mandate for the European Commission to seek legal formulas for using Russian frozen assets to finance Ukraine’s military needs against Russia
Stuck: Belgium did not support the expropriation of Russian assets — Reuters: EADaily
EADaily, October 23rd, 2025. At the EU summit, Belgium did not support the expropriation of frozen Russian assets under its jurisdiction. This follows from the final statement of the summit on Ukraine, excerpts from which were published
EU imposes more sanctions on Russia but fails to reach agreement on using Russian assets
The European Union on Thursday 23 October applied more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry. However, EU leaders meeting in Brussels have so far failed to reach a deal on using Russian frozen assets. European capitals were hoping to convince Belgium, which houses the international deposit organisation Euroclear and is worried about legal repe…
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