Belgium to approve €140 billion “reparations loan” for Ukraine from frozen Russian assets. Sources

As our sources in Brussels report, Ukraine's European partners plan to "pressure" Belgium to transfer €140 billion of frozen Russian assets accumulated in Euroclear by the end of the week.

As an additional argument for the need to transfer frozen Russian assets to Ukraine, the facts of the Russian Federation's attacks on Ukrainian nuclear energy facilities will be presented.

"Europe has no other option, so they plan to pressure Belgium by the end of the week, and Russia's attacks on nuclear energy will be an additional argument. The probability that Belgium will approve the loan is 90 percent," the source said.

Recall that earlier representatives of the EU and the Belgian government were unable to break the deadlock related to the proposal to use frozen Russian assets to finance the reconstruction of Ukraine due to Belgium's concerns about possible negative legal and financial consequences.

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