Belgium’s prime minister has warned that the European Union’s push to tap frozen Russian state assets for Ukraine risks undermining future peace efforts, according to the Financial Times.
In brief:
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PM Bart De Wever raised the concern in a letter to Commission chief von der Leyen.
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EU leaders failed last month to get Belgium’s backing for a €140bn loan scheme for Kyiv.
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Much of the Russian money is held in Belgium, giving Brussels significant leverage.
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The Commission will propose new legal text to address Belgian concerns this week.
This article was written by Eamonn Sheridan at investinglive.com.