Belgian PM blocks EU discussion on using frozen Russian assets
Belgian PM Bart de Wever categorically opposes EU discussion of using frozen Russian Central Bank assets, blocking progress at the summit. This marks a deviation from prior EU momentum toward asset confiscation, reflecting Belgian concerns over legal and financial stability. The move stalls a key mechanism for funding Ukraine's recovery and signals internal EU friction.
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Transatlantic Rift Over Frozen Russian Assets; EU Weighs Seizure Amid US Proposals
European leaders are actively discussing the seizure of frozen Russian assets to fund Ukraine, excluding the US from these talks, indicating a significant transatlantic divergence. Concurrently, the US has repeatedly proposed unfreezing some Russian assets under its control to incentivize peace talks, a proposal consistently rejected by the EU. Internal EU divisions persist, with Belgium blocking discussions while Poland and Finland advocate for asset utilization.