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MEPs urge the king of Belgium to facilitate the transfer of €250B in Russian assets to aid Ukraine.

Summary by UBN
Dozens of European MPs have called on King Philippe of Belgium to support the confiscation of over €250B in frozen Russian assets and direct them to Ukraine’s defense and reconstruction. The parliamentarians emphasize that Belgium bears special responsibility, as the largest portion of frozen Russian funds is stored  in the Euroclear depository. They note that international law allows for the possibility of confiscating an aggressor’s assets to …

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Le Monde broke the news in Paris, France on Wednesday, March 5, 2025.
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