- A lawsuit challenges the EU mechanism for using reserves to finance Kyiv, seeking recognition of rulings in Euroclear jurisdictions.
- The EU has frozen Russian central bank assets and is now using the interest generated from these funds to support Ukraine.
- Belgium has affirmed its support for Ukraine and raised concerns regarding frozen Russian assets.
- The EU considered seizing Russian sovereign assets and providing financial support to Ukraine, facing opposition from the Belgian PM.
Belgium resisted a reparations loan scheme while Euroclear hosts Russian assets, fueling political debate in Brussels.
1 report, 1 independent
Updated Sep 14
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What happened
Belgium resisted a reparations loan scheme while Euroclear hosts Russian assets, fueling political debate in Brussels.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Belgium
country in western Europe
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Euroclear
business
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Bart De Wever
Prime Minister at Government of Belgium
Nothing else this week.
Related events
- Amid political debate in Brussels, the seizure of Euroclear's assets by Moscow is underway, raising questions about Russia's actions against the European financial order.
- Belgium is providing comprehensive support to Ukraine, including financial aid, military assistance (F-16 program), and strengthening sanctions against Russia.
- Belgium's foreign minister participated in diplomatic responses involving EU member states.
- Belgium holds Russian immobilized assets while the EU allocates funds for Ukraine, amid calls from Finland to revisit frozen assets.