Belgium and Germany hold the key to €210 billion in Russian assets—and just locked the door
Wadephul and Belgium’s FM shut the door Kallas tried to open.
Browsing Tag
frozen assets
34 posts
EU Parliament to vote on €90 billion Ukraine loan Wednesday—two weeks early (INFOGRAPHIC)
Belgium blocked the release of frozen assets, Hungary vetoed the reparations loan, and Trump lobbied against both. The money is almost there anyway.
Zelenskyy warns EU: Denying frozen Russian funds weakens Ukraine and tempts Putin
The President speaks hours before the critical Brussels vote.
Is the EU ready to force through the €210 billion Ukraine loan without unanimity?
Summit decision on €210 billion Ukraine loan comes on Thursday.
“Increasingly difficult”: Kallas says EU can’t yet agree how to use frozen Russian assets for Ukraine (INFOGRAPHIC)
Summit decision on €210bn loan just three days away.
EU offers Belgium guarantees to unlock Russian assets for Ukraine loans – Reuters
Belgium is blocking the European Union's plan to convert frozen Russian central bank assets into loans for Ukraine until other member states agree to share potential legal liability if Moscow sues the Belgian depository holding the funds.
Slovakia threatens to veto EU’s €210bn Ukraine loan ahead of December summit
Fico calls the EU strategy “senseless killing” and invokes Trump’s peace efforts.
Belgium’s PM calls Ukrainian victory a “fairy tale” — and wants EU taxpayers to pay instead of Russia
“Who really believes that Russia will lose in Ukraine? It’s a fairy tale, a complete illusion,” Belgian Prime Minister Bart De Wever told La Libre Belgique on 2 December.
As Kyiv faces a €71.7billion gap, Japan won’t join Europe’s frozen-assets plan
EU diplomats say Tokyo’s real calculation isn’t a legal one.
Hungary’s veto sparks EU push to seize €210bn in frozen Russian assets
Budapest wanted to slow things down. It may have accelerated them.
UK weighs plan to unlock $10.7 bn in frozen Russian funds for Ukraine — The Times
The UK is attempting to forge a multinational deal that would allow the release in Russian assets frozen in Britain, The Times reports, as Kyiv faces a significant funding gap over the next two years.
With Ukraine’s reserves running low, Merz presses Belgium to unlock €165 billion loan
EU summit on 18 December seen as critical moment for deciding loan's fate.
Belgium says Europe’s €140 billion Ukraine plan could bankrupt it. Is that true?
The EU wants to turn Russia’s frozen assets into a €140 billion loan for Ukraine. Belgium calls the plan “fundamentally wrong.” EU leaders vote on 18-19 December. Ukraine’s budget runs dry in April.
Ukraine prepares first environmental war damage claim in history against Russia for 237 million tons of CO2 emissions
The country intends to demands $44 billion from Russia.
“Some European capitals believe Putin will win in Ukraine”: Germany plans to send €1B monthly to Kyiv prove Russia can be defeated
Some European countries believe that Russian leader Vladimir Putin will eventually win in Ukraine, according to Bundestag member…
Ukraine promises justice as $100 million corruption scandal comes under G7 allies spotlight in Canada
Foreign Minister Andrii Sybiha assures G7 partners that those embezzling from Energoatom will face justice.
Sitting on €193B in Russian cash, Belgium blocks crucial €140B loan to Ukraine
Brussels demands liability protection before releasing the loan backed by €193 ($221.5) billion it controls.
Ukraine’s $8 billion IMF loan trapped by Belgium’s frozen assets veto
Ukraine’s $8 billion IMF loan hangs in balance
The money Ukraine can actually use from Russian assets is vanishing while Belgium blocks €193bn
Dwindling interest rates slash Ukraine's accessible share. Meanwhile, Belgium raked in €1.7 billion in taxes on keeping those assets frozen.
Frozen billions, frozen will: Belgium stops Europe’s Russian assets plan cold
Brussels won’t share. Belgium won’t pay alone. Ukraine waits.