Some European countries have raised concerns about potential legal challenges to the 'reparations plan' for Ukraine.
Some European countries have raised concerns about potential legal challenges to the ‘reparations plan’ for Ukraine.
By Sarah Shamim
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BRUSSELS, Belgium: EU leaders on Thursday took a cautious first step toward using Russian frozen assets to provide a mammoth new…
Option of EU loan based on common borrowing also proposed in concession to concerns raised by Belgium
The European Commission proposed using $163.2 billion of Russia's frozen assets as a loan to help Ukraine defend itself against…
According to the Brussels-based central securities depositary, such a mechanism would be perceived as "confiscation" outside the…
But Belgium, a vocal critic of the plan to use Russian assets to back Ukraine, says its concerns have not been resolved.
What are the legal implications, and why does Belgium fear being left alone with the bill?
