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De Wever Firmly Rejects German Chancellor’s Idea of Using Russia’s Frozen Assets to Fund a Loan for Ukraine

Belgium opposes using €170 billion frozen Russian assets in Brussels for Ukraine reparations loan due to legal and financial risks, while €1.3 billion tax revenue supports defense.

Summary by Vrt
The Belgian Prime Minister Bart De Wever (Flemish nationalist has firmly rejected a proposal by German chancellor Friedrich Merz to use frozen Russian central-bank assets, a large portion of which are held at Euroclear in Brussels, to finance a multi-billion-euro interest-free loan for Ukraine. Speaking in the margins of the UN General Assembly in New York, Mr De Wever told journalists that “Taking Putin’s money and leaving the risks with us. Th…

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Right

The country clearly opposed the European Commission's proposal to use confiscated Russian assets to finance a reconstruction loan for Ukraine.

·Budapest, Hungary
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Belgium said no! Prime Minister Bart De Wever stated very clearly: Putin's money cannot be taken, because this could lead to the collapse of the eurozone! The fate of the 200 billion euros of Russian assets is in the hands of Euroclear in Brussels, but the Belgian leader refuses to go ahead with the risky plan despite the support of Chancellor Merz.

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vrt broke the news in Antwerp, Belgium on Friday, September 26, 2025.
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