{"id":3292,"date":"2025-10-25T16:06:12","date_gmt":"2025-10-25T13:06:12","guid":{"rendered":"https:\/\/ukrmedia.news\/?p=3292"},"modified":"2025-10-25T16:06:12","modified_gmt":"2025-10-25T13:06:12","slug":"belhiia-confiscations-of-rosiiskykh-aktyviv","status":"publish","type":"post","link":"https:\/\/ukrmedia.news\/en\/economics\/belhiia-confiscations-of-rosiiskykh-aktyviv\/","title":{"rendered":"Belgium refuses to confiscate Russian assets"},"content":{"rendered":"

Belgium abandons decision to confiscate frozen assets of Russia<\/h2>\n

Belgium did not support the proposal to full confiscation of frozen Russian assets<\/strong>, in particular through own economic benefit<\/strong>.
According to the Belgian newspaper Le Soir<\/strong><\/a>, country generates about \u20ac1.2 billion in revenue annually<\/strong> from taxes paid on the income of these assets.<\/p>\n

We are talking about about \u20ac140 billion of Russian funds<\/strong>, frozen on the accounts Euroclear<\/strong> - one of the largest financial institutions in Europe.<\/p>\n

\u00abThis is a significant amount of money that is already flowing into the Belgian budget. The government plans to use part of it to finance military needs,\u00bb the article says.<\/p>\n

\n

Why Belgium is blocking the decision<\/h2>\n

According to journalists, the Belgian authorities oppose full confiscation of assets<\/strong>, because he fears legal consequences and lawsuits<\/strong> from foreign investors.
In addition, The EU has not yet developed a single mechanism<\/strong>, which would allow for the legal withdrawal of frozen Russian funds.<\/p>\n

Instead Brussels proposes<\/strong> utilise only the income from these assets<\/strong>, This allows us to receive about \u20ac1.2 billion annually.<\/p>\n

\n

Context.<\/h2>\n

The issue of confiscation of Russian assets remains a key one in discussions between EU countries.
On the eve of EU postpones final decision until December<\/strong>, after Belgium and several other states requested additional legal guarantees.<\/p>\n

Ukraine insists that Frozen assets should be transferred to rebuild the destroyed infrastructure<\/strong> and compensation for war damage.<\/p>","protected":false},"excerpt":{"rendered":"

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