The EU's plan to use frozen Russian assets to fund Ukraine has sparked a major debate, with Belgium leading opposition. Many wonder why Belgium is so resistant and what risks are involved. Below, we explore the key questions surrounding this controversial move, including legal concerns, potential benefits for Ukraine, and the broader geopolitical implications.
-
Why is Belgium blocking the EU plan to use Russian assets?
Belgium opposes the EU's plan because it fears significant legal and financial risks. The country is concerned about potential liabilities and the possibility of Russian retaliation. Belgium demands risk-sharing guarantees from other EU members before agreeing to use the frozen assets, citing fears of legal challenges and damage to its financial reputation.
-
How could using Russian assets help Ukraine's budget?
Using the frozen Russian assets could provide Ukraine with much-needed funding, covering about two-thirds of its 2026-27 budget needs. The EU Commission proposes this as a way to support Ukraine's defense and basic services amid ongoing conflict, potentially accelerating aid and stabilizing the country's economy.
-
What are the legal risks of seizing Russian assets?
Seizing Russian assets involves complex legal issues, including questions about property rights, international law, and potential lawsuits. Countries like Belgium worry that such actions could set a precedent, lead to legal disputes, and damage the EU's reputation in global financial markets.
-
Could this lead to a bigger EU-Russia conflict?
There is concern that using Russian assets could escalate tensions, provoking Russian retaliation or countermeasures. Russia has condemned the plan as theft, and any move to seize assets might worsen diplomatic relations, potentially leading to broader conflicts between the EU and Russia.
-
What are the main arguments for and against using Russian assets?
Supporters argue that using frozen assets is a practical way to fund Ukraine and support peace efforts. Opponents, like Belgium, warn about legal risks, financial instability, and damaging EU-Russia relations. The debate centers on balancing strategic interests with legal and ethical considerations.
-
What is the current status of the EU plan?
As of December 2025, Belgium has blocked the plan, demanding risk-sharing guarantees. The EU Commission continues to advocate for the proposal, emphasizing its strategic importance for Ukraine and European security. The situation remains tense, with ongoing negotiations among EU member states.