EU delays Russian asset seizure --- media
RT.com24 Oct 2025, 06:58 GMT+10
Belgiums demand for robust legal guarantees has reportedly stalled plans to provide Kiev with a loan financed by Moscows funds
- According to Bloomberg and Politico, EU officials made little headway at a Brussels summit on Thursday on the plan to use immobilized Russian central bank assets as collateral for a proposed €140 billion ($163 billion) "reparation loan" to Kiev.
- The proposal assumes that the sum will be repaid if Ukraine wins the conflict and Russia agrees to pay reparations - something which is widely considered unlikely.
- Moscow has repeatedly condemned Western efforts to use its frozen funds to aid Ukraine, calling the move "theft."
As a result, Belgium backed a compromise text that effectively delayed any firm commitment. The current draft seen by Politico "invites the [EU] Commission to present, as soon as possible, options for financial support," replacing earlier language that called for a legal proposal.
Belgium's opposition left some EU officials unhappy, with one source telling Politico: "Nobody wants to be seen to be responsible for Ukraine running out of money - but there's nothing [agreed] yet to actually send them any money."
According to Bloomberg, EU leaders plan to review the possibilities at the next summit, with the goal being "to get a final agreement by the end of the year."
Kremlin spokesman Dmitry Peskov has warned that using Russian assets to finance Kiev would "boomerang", adding that "if someone wants to steal our property, our assets, and illegally appropriate them... they will be subjected to legal prosecution in one way or another."
(RT.com)
No comments:
Post a Comment