Belgium

The European Central Bank has rejected participation in the European Commission's proposal to use frozen Russian assets. This complicates the attraction of a loan secured by the immobilized assets of the Russian central bank.

European governments accuse Belgium of excessive demands for protection in case the Kremlin sues over the use of 140 billion euros in frozen Russian assets. This could derail negotiations on the EU's plan to provide these assets to Ukraine before the December summit.

Kaja Kallas expressed concern about possible pressure on Ukraine in peace talks and emphasized the importance of reparations credits from frozen Russian assets. She also supported Ukrainian anti-corruption institutions, stressing the importance of trust during the war.

The head of European Union diplomacy, Kaja Kallas, stated that Russia must pay compensation to Ukraine. She emphasized that fair reparations loans, backed by frozen Russian assets, should form the basis for compensation for damages.

European Council President António Costa will host an informal meeting of EU leaders on February 12 at Alden Biesen Castle, Belgium, to discuss Europe's competitiveness. The meeting will follow discussions on the European Commission's proposal for a pan-European industrial revival.

EU diplomacy chief Kaja Kallas stated that Belgium has legitimate concerns about the risks of a reparations loan for Ukraine, but other member states are ready to share these risks. The European Commission continues consultations with member states, including Belgium, on this issue.

The European Commission is consulting with member states on a "reparations loan," but Belgium is resisting. EU leaders must find a solution before the December 18-19 summit, as all options have weaknesses.

Belgium is slowing down the EU's decision to transfer frozen Russian assets to Ukraine, fearing legal claims from Russia and undermining trust in its financial institutions. This could also affect peace negotiations with Russia, which might refuse dialogue.

EU countries are increasing pressure on Belgium to unblock 140 billion euros of frozen Russian reserves. Belgium is accused of concealing information about tax revenues received from these assets.

Belgian Prime Minister Bart De Wever stated that the EU's plan to use frozen Russian assets to finance Ukraine could harm a peace agreement. Belgium has not seen the legal wording from the European Commission, which will present a proposal this week on the use of the assets.

The European Commission is urging Western allies to speed up payments on a $50 billion loan to Ukraine. This comes as Belgium is stalling EU efforts to support Ukraine with a larger financing scheme using Russian assets.

The sanctions coalition imposed restrictions on over 500 entities in Russia's energy sector, including oil tankers and financial institutions. This led to a decrease in the price of Russian oil and a reduction in its exports, forecasting significant losses for the Russian budget.

Estonian Foreign Minister Margus Tsahkna stated that there are no signs of a quick peace in Ukraine. He noted that Putin is using a tactical moment to increase pressure on the front and civilians, expressing skepticism about a US-led peace agreement.

Frozen Russian assets could be the only way to end the war in Ukraine and prevent its spread to Europe. Europe must demand a just peace for Ukraine, using confiscated assets to save it.

People's Deputy Oleksiy Honcharenko stated that Ukraine's accession to the EU would lead to a loss of sovereignty. Expert Boryslav Bereza criticized this statement, pointing to the lack of arguments and Poroshenko's previous actions.

EU countries are working on a "plan B" in case they cannot reach an agreement on seizing frozen Russian assets to finance Ukraine.

European leaders, including France and Great Britain, are discussing the creation of multinational military forces to support Ukraine after a peace agreement with Russia. A working group has been established to clarify the details of military assistance, which may include troop deployment and air support.

An EU loan of 140 billion euros, which Ukraine may receive, backed by frozen Russian assets, does not pose a threat to the sovereign ratings of EU countries. Leading rating agencies S&P and Fitch stated minimal risks for EU members, despite concerns about possible Russian lawsuits.

The heads of the foreign affairs committees of 20 European countries adopted a joint statement on the war in Ukraine. They emphasized that a just peace must be based on international law and respect Ukraine's territorial integrity.

The European Council has officially approved the EU's annual budget for 2026 with commitments of €192. 8 billion and payments of €190.1 billion. The budget is aimed at defense, migration, competitiveness, and crisis preparedness.

The coalition in Belgium has agreed on a budget deal worth 9. 2 billion euros until 2029 to avoid the collapse of the government. The agreement includes raising excise duties on gas, some recreational goods, and air ticket taxes, as well as bringing 100,000 people back to work.

Slovenians voted against a new law legalizing euthanasia in a referendum, suspending its implementation for at least one year. About 53% of voters opposed the law, while 47% voted in favor.

The Dutch military opened fire on unknown drones over Volkel Air Base. The drones were observed for two hours before flying away, and could not be tracked.

Switzerland has allocated almost $12 million to the World Bank fund to support the restoration of the Ukrainian healthcare system. The funds will be directed to a project to expand access to medical services, restore and modernize hospitals, and provide them with modern equipment.

European diplomats and officials are expressing outrage over a new US peace plan that could derail efforts to provide financial assistance to Ukraine. Trump's proposed plan involves using frozen Russian assets to rebuild Ukraine after a truce, which contradicts EU plans to use these funds for a loan to Kyiv.

US President's envoy to NATO, Matthew Whitaker, calls on European allies to take a more aggressive stance on Moscow and use frozen Russian assets to finance Ukraine. This move would provide support to Ukraine for years and signal a new, bolder phase in European politics.

European leaders will gather on December 18 for the last EU summit in 2025 to address Ukraine's funding, aiming to avoid a funding shortfall by mid-next year. European Commission President Ursula von der Leyen called for coordinated action, warning of costly alternatives.

Belgium has purchased autonomous Blaze drones from the Latvian company Origin Robotics to detect and neutralize enemy aircraft. This is part of a 50 million euro package of measures aimed at countering drones after a series of incidents.

European Commission President Ursula von der Leyen sent a letter to EU leaders assessing Ukraine's funding needs for 2026-2027. This amount is 135.7 billion euros, based on the assumption that the war will end in 2026.

The European Commission has offered Belgium significant guarantees regarding a €140 billion loan to Ukraine to protect it from the legal and financial consequences of using Russian assets. EU countries are ready to assume the risks of Russian retaliation, including those arising from bilateral investment treaties.