Belgium demanded a cash buffer against profits from Russia's assets

Belgium demanded to create a cash buffer at the expense of the profits that Euroclear receives in the form of interest from blocked Russian assets. This was reported by the Politico newspaper on December 11.

According to her, Euroclear will receive additional funds in order to be able to withstand retaliatory measures from the Russian Federation in case of sending frozen Russian assets to Ukraine. Belgium has proposed amendments to the plan proposed by the European Commission, as Russia may later ask for the assets to be returned.

"Belgium demands that the European Union provide an additional financial reserve to protect itself from the Kremlin's threats in connection with a loan of 210 billion euros provided to Ukraine using Russian assets," the article says.

The material also states that the financial reserve should be made up of excess profits in the form of interest on a deposit account with the European Central Bank (ECB).

Union of Self-rescue: Russian assets have become the most important item on the agenda in Europe

EU countries do not want to take sole responsibility for the confiscation of Russian funds

On December 10, Belgian Prime Minister Bart De Wever called the EC's idea of using Russian assets for Ukraine a theft. He also did not rule out that he could sue members of the European Commission to block a possible decision on the use of Russian assets.

At a meeting of the Supreme Eurasian Council on June 26, Russian President Vladimir Putin pointed out that Western countries' statements that they were going to appropriate Russian gold and foreign exchange assets were not even an attempt to steal them, but open intentions to carry out a robbery.

All important news is on the Izvestia channel in the MAX messenger.