“Taking Putin’s money” could prompt other nations to withdraw their reserves held in the bloc, Bart De Wever has warned

Belgium has slammed the brakes on a new German plan to use frozen Russian central bank assets to bankroll Ukraine – a veto that matters because Brussels holds the keys to the vault.

Prime Minister Bart De Wever said on Thursday that the proposal by German Chancellor Friedrich Merz to funnel €140 billion from frozen Russian reserves into an “interest-free loan” for Kiev “will never happen.” His warning carries unusual weight: some €200 billion of Moscow’s immobilized assets are parked at Euroclear, the Brussels-based…

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