In March last year, Belgium arrested 197m euros from Russian assets, as the head of the Belgian Cabinet, Alexander de Croo, said.
Belgium is developing a mechanism for the seizure of revenues from frozen Russian assets that can be transferred and used. We are talking about more than 200 billion Russian dollars. This was announced at a briefing in The Hague with Ukrainian President Volodymyr Zelensky and Dutch Prime Minister Mark Rutte with Belgian Cabinet President Alexander de Croo.
He noted that the transfer of funds is very important for the restoration of Ukraine. The politician believes that Russia should pay for the damage and destruction caused by his troops.
“Belgium will look for mechanisms that can make this a reality,” said Alexander de Croo.
The Belgian head of government also noted that in March last year, Belgium seized 197m euros from Russian assets. The state plans to use these funds to help Ukrainian refugees and support Ukraine.
“I am confident that we need to go further, not only by freezing interest on Russian assets, but also by confiscating them,” the politician said.
He added that Belgium is using the profits from the interest rates of the 58 billion euros of Russian assets frozen in the country to help Ukraine and is looking for an opportunity to further increase the use of these funds.
Recall, on March 25, Euractiv reported, referring to AFP, that the European Union was talking about the difficulty of confiscating Russian foreign exchange reserves in favor of Ukraine. According to Anders Anlid, head of the EU task force, “nothing is easy” when it comes to finding large sums to rebuild Ukraine with the help of Russian foreign exchange assets.
Source: Focus
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