Belgium warns using frozen Russian assets could derail Ukraine peace deal
Photo: Reuters
Belgium’s Prime Minister Bart De Wever warned that the European Union’s plan to use frozen Russian state assets to fund Ukraine could undermine efforts to reach a peace deal in the nearly four-year war.
In a letter to European Commission President Ursula von der Leyen, De Wever said rushing the proposed reparations loan scheme might prevent an eventual settlement. Last month, EU leaders discussed using €140 billion in frozen Russian assets as a loan for Kyiv but did not secure Belgium’s backing, where much of the funds are held, News.Az reports, citing Reuters.
The European Commission plans to address Belgium’s concerns in a draft legal proposal for supporting Ukraine in 2026 and 2027, but no legal text has yet been presented.
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