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EU Commission fails to persuade Belgium to agree to use frozen Russian assets

Moscow, Nov 8 (UNI/SPUTNIK) Belgium continues to actively resist pressure from the EU Commission, which is trying to secure its agreement to use Russian sovereign assets frozen in the Euroclear depository to finance Ukraine in the short and medium term, Belgian news agency Belga reported on Saturday.
On Friday, representatives of the EU Commission met with the Belgian delegation but failed to dispel the legal and financial concerns raised by Belgium regarding the use of frozen Russian assets, the news agency reported.
At this stage, the amount in question is approximately 140 billion euros (over USD 161 billion) in the form of a so-called "reparation loan," which Ukraine will conditionally have to repay after the end of the conflict and in case of "compensation for material damage from Moscow," the newspaper added.
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Israeli PM Benjamin Netanyahu pins his military secretary Maj Gen Gofman as next Mossad chief

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Bangladesh EC seeks presidential appointment to finalise election and referendum schedules

04 Dec 2025 | 5:18 PM

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