US EditionBelgian PM Digs in Against EU Push to Use Russian Assets for Ukraine
6 Articles
6 Articles
Belgian PM digs in against EU push to use Russian assets for Ukraine
Belgium's Prime Minister Bart De Wever has called an EU plan to use frozen Russian assets to fund Ukraine "fundamentally wrong", throwing further doubt on a push to agree the move next month. In a letter to European Commission head Ursula von der Leyen seen by AFP Friday, De Wever pushed back strongly on the initiative and urged against venturing "into unchartered legal and financial waters". FRANCE 24's Dave Keating reports from Brussels.
Europe has managed to force the US to scale back the original Ukraine peace plan, but has essentially stayed out of the negotiations. A decision that should prove Europe's independence and ability to continue supporting Ukraine is also being delayed. The use of frozen Russian assets for Ukraine's benefit is now more uncertain than it was a month ago.
"The risks for Belgium" from the use of frozen Russian assets "are simple: if Russia takes us to court it will have every chance to win and we will not be able to repay these 200 billion because they represent the equivalent of one year ... (ANSA)
6:25 PM It's not true that a European loan to Ukraine using the Russian central bank's assets would hinder a peace agreement, as Belgian Prime Minister Bart De Wever claims. This is according to the European...
Belgium delivers resolute ‘no’ to proposed theft of Russian assets
The unwillingness of other EU nations to share the risks shows the scheme is dangerous, Foreign Minister Maxime Prevot has saidBelgian flag in Arcade du Cinquantenaire in Brussels, Belgium - stock photoBelgium has rejected an EU-backed plan to finance Kiev by seizing frozen Russian assets. The fact that other members of the bloc are unwilling to share the risks shows just how unreliable it is, Belgian Foreign Minister Maxime Prevot said on Monda…
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