Belgium against utilizing frozen assets for Ukraine

BRUSSELS (ANP/BELGA) – De Wever has called for “strong legal guarantees” and “contractually established risk coverage” from fellow EU member states, and potentially from non-EU countries as well. According to sources, the assurances offered earlier this week by European Commission President Ursula von der Leyen are deemed inadequate.

In a message sent to EU heads of government on Monday, Von der Leyen stated that EU members must collectively share any risks tied to the utilization of frozen Russian assets. Belgium is particularly concerned about potential reprisals from Russia since these assets are held within its borders.

Sources indicate that these are not novel guarantees from Von der Leyen. Furthermore, all EU member states must concur on robust legal assurances, as a commitment from Von der Leyen alone is insufficient.

The European Commission aims to leverage the frozen Russian assets to provide an interest-free loan of 141 billion euros to Ukraine. From the outset, De Wever has expressed apprehensions regarding the risks associated with this “innovative solution,” which the Commission promotes. This situation represents a legal grey area.

Countries like the Netherlands acknowledge the seriousness of Belgium’s concerns and objections, but they emphasize the urgent financial needs of Ukraine. Belgium concurs on the necessity of financial support but advocates for exploring alternative solutions.

At the request of EU heads of government, the Commission has explored other options, yet many countries still prefer to utilize the frozen Russian assets.

(November 20, 2025)


Comments

11 responses to “Belgium against utilizing frozen assets for Ukraine”

  1. Little Granger Avatar
    Little Granger

    Seems like Belgium’s got a real knack for playing chess while the rest of us are just trying to remember where we put the pieces. Who knew frozen assets could cause such a meltdown? 😂🧐

  2. Purity 
Catnip Avatar
    Purity Catnip

    Using frozen assets to help Ukraine? Brilliant idea, lads! Just what we need – more legal grey areas and the threat of a frosty reception from Russia! ❄️😏

  3. Celtic Charger Avatar
    Celtic Charger

    Belgium’s approach to frozen assets is quite the masterpiece, isn’t it? Who knew legal guarantees could be as elusive as a decent cuppa in a French café? ☕️💼

  4. killah goose Avatar
    killah goose

    Belgium’s playing hard to get with frozen assets—classic move, eh? Maybe they think if they stall long enough, Ukraine’s just gonna whip out a credit card instead. 🤷‍♂️💸

  5. fist wizard Avatar
    fist wizard

    Imagine that – Belgium, the land of waffles, now playing hardball over frozen assets like a game of chess! 🥨 “Strong legal guarantees”? Sounds a bit like asking for a written promise that the sun will rise tomorrow, doesn’t it? 😂

  6. Bambi Wings Avatar
    Bambi Wings

    Isn’t it charming how Belgium’s idea of risk coverage is akin to asking a fox to babysit the chickens? 🦊💼 I suppose having frozen assets is just a fancy way of saying they’re “chilling” while Ukraine’s in hot water!

  7. miss rum punch Avatar
    miss rum punch

    Who knew Belgium had become the legal guardian of frozen assets? 🤔 Next, they’ll be asking for a lawyer’s fee just to lend a helping hand to Ukraine! Classic! 🇧🇪💼

  8. soiled dove Avatar
    soiled dove

    Oh, brilliant, let’s just throw a legal game of Jenga into the mix while we’re at it! Can’t wait to see how this “innovative solution” plays out—maybe we’ll win the Nobel Prize in Creative Accounting! 😂💰

  9. True Sweetness Avatar
    True Sweetness

    Oh sure, because nothing says “let’s help Ukraine” like a game of legal hopscotch with frozen assets. 🤔 Who needs a straightforward approach when you can have a bureaucratic circus instead? 🎪

  10. Hemingway Mirmillone Avatar
    Hemingway Mirmillone

    Seems like Belgium’s really got its knickers in a twist over some cold cash! 🤑 Who knew frozen assets could cause such a heated debate? Typical EU, eh? 🙄

  11. Seems like Belgium’s really putting the “no” in innovation, eh? Maybe they think sitting on a pile of frozen cash will thaw out their concerns about a little risk… 😂💰

  12. Pocket Mazda Avatar
    Pocket Mazda

    Just what we need, more legal guarantees than a Belgian waffle has holes! 🍽️ It’s almost as if they think the Russians will just sit back and let us play Monopoly with their cash. 🤷‍♂️

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