Belgian Prime Minister Bart De Wever said that the European Union's plan to use frozen Russian state assets to finance Ukraine could jeopardize the chances of a potential peace agreement to end the war, UNN reports with reference to Reuters.
Hastily moving forward on the proposed reparations loan scheme would have, as collateral damage, that we as EU are effectively preventing reaching an eventual peace deal
In the letter, De Wever also noted that Belgium had not seen "any proposed legal wording by the European Commission."
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EU leaders tried at last month's summit to agree on a plan to use 140 billion euros ($162 billion) of frozen Russian sovereign assets in Europe as a loan for Ukraine, but failed to secure the support of Belgium, where a significant portion of the funds are held.
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The European Commission, the EU's executive body, hopes to address Belgium's concerns in a draft legal proposal it will present this week on using frozen sovereign assets to support Ukraine in 2026 and 2027, EU officials said.