Belgium objects to the Russian assets loan as the EU prepares to table its plan

Belgium’s Prime Minister, Bart De Wever, has thrown quite a spanner into the EU’s plans to use frozen Russian state assets to fund Ukraine. The Commission wants to turn those assets, around €210 billion frozen since Russia’s full-scale invasion, into a €140 billion “reparations loan” to keep Kyiv financially afloat for the next two years.…

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Belgium’s Prime Minister, Bart De Wever, has thrown quite a spanner into the EU’s plans to use frozen Russian state assets to fund Ukraine. The Commission wants to turn those assets, around €210 billion frozen since Russia’s full-scale invasion, into a €140 billion “reparations loan” to keep Kyiv financially afloat for the next two years. But, what’s really behind Belgium’s resistance and could one country derail Europe’s entire Ukraine strategy?

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