Seizing Russia’s frozen funds would extend, not end Ukraine conflict – Belgium

The question of tapping Moscow’s assets has been shelved for now but could return in the future, the country’s defense minister said

Tapping Russia’s frozen central-bank assets would likely prolong the Ukraine conflict via further weapon supplies rather than help rebuild the country, according to Belgian Defense Minister Theo Francken. EU leaders have thus far failed to agree on how to use the funds.

The comment came shortly after Belgium Prime Minister Bart De Wever opposed the so-called “reparations loan” scheme under which the EU was planning to raise around €140 billion ($160 billion) to fund Ukraine using Russia’s assets as collateral…

Read the full article at RT.COM