Germany pressures Belgium over Russian assets

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Germany pressures Belgium over Russian assets
Photo: Geert Vanden Wijngaert/AP/TT

Belgium is raising its voice further in its opposition to the EU using frozen Russian assets for a billion-dollar loan to Ukraine. But Germany is making new attempts to convince its neighbor.

In a letter to the European Commission, Prime Minister Bart De Wever reiterates his concerns about future damages, the news sites Politico Europe and Euractiv report.

Belgium houses most of the Russian state assets, for which the European Commission is expected to present a concrete proposal in the coming days. However, Russian President Vladimir Putin has threatened retaliatory measures if the money is moved.

The Commission nevertheless believes that the frozen assets are the safest option to use – something that leads De Wever to compare to a plane crash.

"The risk of crashing is small, but if it happens, the consequences will be catastrophic," he writes, among other things.

To say yes, Belgium continues to require written guarantees of shared risk from all other EU countries.

German Chancellor Friedrich Merz says he is in contact with De Wever in the hope of finding a common solution.

I understand his objections, he has good arguments but we also have good arguments about how we can achieve our common goal, Merz said at a press conference, according to AFP.

We must do everything in our power to stop this war, and then the use of Russian means is, in my opinion, a reasonable tool.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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