The plan to use Russian sovereign assets to fund Kiev has major legal and financial issues, Prime Minister Bart De Wever has said
Belgium cannot support the EU’s plan to issue a large loan to Ukraine using Russia’s immobilized central-bank assets because the key legal and financial risks have not been addressed, Prime Minister Bart De Wever has said.
Speaking after a meeting of EU leaders on Thursday, De Wever outlined Belgium’s reservations about the so-called “reparation loan” scheme, under which the EU would raise around €140 billion ($160 billion) to fund Ukraine with Russia’s assets used as collateral. The plan assumes Moscow would…
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