Belgium Gets Cold Shoulder Ahead Of Russian Asset Confiscation
By Molly Schwartz, Cross-Asset Macro Strategist at Rabobank
The Cold Shoulder
Tensions remain high as Russia and Ukraine fail to reach a ceasefire agreement, even as U.S. pressure mounts. One key demand in Russia’s 20-point proposal is a full Ukrainian withdrawal from the Donbas region, a condition that runs counter to President Zelenskyy’s policy of refusing to cede any territory.
According to EU Summit, European leaders will consider using frozen Russian assets to fund Ursula von der Leyen’s plan to cover part of Ukraine’s requirements for 2026 and 2027. As of now, much of the funding comes from interest generated on said frozen Russian assets. Russia is not thrilled about having their assets used for other purposes, calling it theft. While the EU argues that there is no “theft” as “the right of the Russian Central Bank to make a claim on its money and Euroclear’s duty to repay will remain in tact,” one key EU player is taking Russia’s side.
Prime Minister of Belgium, Bart De Wever voiced the the cold shoulder.
As Belgium risks the cold shoulder, Venezuelan oil tanker. U.S. Attorney General Pamela Bondi announced on Tyler Durden Fri, 12/12/2025 – 11:15
Source: https://freedombunker.com/2025/12/12/belgium-gets-cold-shoulder-ahead-of-russian-asset-confiscation/
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