“Bart de Wever warns of legal difficulties associated with asset confiscation”, – WRITE: www.radiosvoboda.org
“Much of these funds are blocked in Brussels in Euroclear. I know there are governments trying to confiscate this money. But I would like to warn that it is not so easy from a legal point of view, ”he said, speaking with German Chancellor Friedrich Merz in Berlin.
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About $ 300 billion of sovereign Russian assets has been frozen in Europe. Most of these funds, approximately 190 billion euros, are stored in the Euroclear International Depository in Belgium. In the UK, approximately 30 billion euros of Russian assets have been frozen and 19 billion euros in France.
At the same time, the EU provides Ukraine with an Extraordinary Revenue Acceleration (ERA), which provides approximately $ 50 billion in the form of loans secured by a profit from frozen Russian sovereign assets. These funds are aimed at supporting the budget, military needs and restoration of Ukraine’s infrastructure.