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EU Pressure Builds to Confiscate €190 Billion in Russia’s Frozen Assets
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🌎 The European Union is once again deeply divided — this time over Russia’s frozen sovereign assets. At the center of this geopolitical storm sits Belgium, home to Euroclear, the Brussels-based financial clearinghouse that holds nearly €190 billion in Russian reserves.
For years, Western nations — including Germany, Belgium, and the U.S. — insisted those assets were untouchable. But now, as Europe’s economic and political crisis deepens, that stance is changing. The EU is drafting plans to use these frozen funds as collateral for a so-called “reparations loan” worth €140 billion to fund Ukraine’s war effort.
Belgium, however, is pushing back — warning that the legal and financial risks could devastate its economy if the courts rule against such a move. Meanwhile, other EU states accuse Belgium of hypocrisy for collecting billions in taxes on Euroclear profits while refusing to shoulder shared responsibility.
As Macron, Scholz, and Von der Leyen scramble for a unified position, internal rifts within the bloc are widening. Some countries — like Hungary and Poland — openly question whether Europe can even afford to bankroll Kyiv any longer.
If the EU moves forward with seizing Russian assets, Moscow has vowed retaliation, including potential nationalization of Western companies still operating in Russia.
⚠️ This could mark the biggest financial and geopolitical escalation since 2022.
📌 Watch as we break down:
Why Belgium is resisting EU pressure
How Euroclear became the heart of this global standoff
What “reparations loans” really mean
Why this could backfire spectacularly for Europe
#EU #Belgium #Russia #UkraineWar #Geopolitics #Euroclear #FrozenAssets #FinancialTimes #EuropeanUnion #GlobalEconomy #Sanctions #RussiaUkraine #Macron #ViktorOrban #GeopoliticalAnalysis
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