The European Union's plan to use the 140 billion euros in frozen Russian assets to support Ukraine faces significant obstacles. Belgian Prime Minister Bart De Wever is calling for member states to provide financial guarantees that exceed the total value of the assets, which can be activated quickly even after the sanctions against Russia expire. This requirement is considered unacceptable by many European countries, which hesitate to offer a "blank check."
The European Commission, led by Ursula von der Leyen, is working on a legal framework for loans, but the guarantees requested by Belgium risk derailing the negotiations. European diplomats warn that a ruling in favor of Russia in court could severely impact the financial stability of member states. If the deadlock continues, the Union may have to issue additional debt, an unpopular option, as it would increase the tax burden on European taxpayers. In this context, the head of European diplomacy, Kaja Kallas, has called for calm and openness to dialogue to find a viable solution.
The European Commission, led by Ursula von der Leyen, is working on a legal framework for loans, but the guarantees requested by Belgium risk derailing the negotiations. European diplomats warn that a ruling in favor of Russia in court could severely impact the financial stability of member states. If the deadlock continues, the Union may have to issue additional debt, an unpopular option, as it would increase the tax burden on European taxpayers. In this context, the head of European diplomacy, Kaja Kallas, has called for calm and openness to dialogue to find a viable solution.
Sources
Latest News
10:03
The volume of construction works increased by 20% in June 2026 compared to the same month in 2025, and in the first six months, the advance was 13.9%.
10:02
Harry Kane has won the Golden Boot for the second time in his career, for the goals scored in the Bundesliga.
09:42
Save the Children and World Vision Romania request the Ministry of Education to maintain social scholarships and during the holidays.
09:29
Prince Harry and his wife Meghan plan to return to the United Kingdom to live in a private residence (British press)
09:15
Over 20,000 Russians have crossed the Russian-Georgian border in the last 24 hours, due to fears related to forced mobilization into war.
See more news