Putin says seized Western assets could eventually be returned
In practice, temporary administration has in several cases been followed by the sale of businesses to Russian buyers at heavily discounted prices
In practice, temporary administration has in several cases been followed by the sale of businesses to Russian buyers at heavily discounted prices
We can only hope that the next round of EU talks on the topic of using frozen Russian assets for Ukraine will be more successful
Brussels advances a reparations-loan mechanism for Ukraine while Belgium warns of legal and financial exposure
This brazen appropriation exploits the EU's hesitation, as the U.S. holds just $5-6 billion domestically but eyes the €194 billion Belgian trove
A legal bypass allows extending the asset freeze indefinitely by QMV, sidestepping the current unanimity requirement
The Prime Minister of Belgium, the host country of Euroclear, insists: no collective confiscation without collective peril
This time, the roadblock was not Viktor Orbán's Hungary, it was Belgium, and Bart De Wever’s stance was the decisive obstacle