Prime Minister Bart De Wever insists that all members of the bloc must share the financial risks of the proposed “reparation loan”
Belgium will not back the European Union’s plan to use frozen Russian sovereign assets as collateral for a massive loan to Ukraine unless the financial risks are shared across all member states, Prime Minister Bart De Wever has said.
Speaking ahead of Thursday’s EU leaders’ summit in Brussels, De Wever reaffirmed his government’s opposition to the plan, vowing to “do everything in my power” to block it unless guarantees of collective risk-sharing are provided.
The European Commission is promoting a scheme to raise…
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