Russian Assets Dispute Triggers Crisis Meeting Between EU Commission, Belgium
10 Articles
10 Articles
Senior officials from the European Commission and the Belgian government will meet on Friday to try to break the political deadlock over Russia's use of frozen state assets to finance a 140 billion euro repair loan to Ukraine.
Belgium Stands Alone as Other Nations Stay Silent on Russia’s Frozen Assets
… fattest chicken is in Belgium, but there are … France, Germany, Luxembourg, Switzerland, the United Kingdom, the United States, Canada, Japan, and Australia … in Russian sovereign assets were blocked within American banks … frozen assets for Ukraine’s benefit. The …
The EC plans to propose additional mechanisms for financing aid to Ukraine, with Norway considering joining in on a reparations loan.
The European Commission is exploring options such as joint debt and bilateral grants to fill Ukraine’s funding gap. These options are alternatives to the proposed €140B reparations loan. Details will be outlined in a specific EC document that will be shared with European capitals in the upcoming weeks. These measures will complement the existing reparations loan initiative, which involves utilizing frozen Russian assets held in Belgium. A repara…
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