Calls for Russia’s frozen assets held in Belgium to be used in rebuilding Ukraine
Europe | The GuardianWednesday, May 14, 2025 at 4:00:03 AM
** Belgium's Euroclear holds the majority of Russia’s frozen assets, and there are growing calls to use these funds to help rebuild Ukraine. However, some warn that confiscating these assets could be seen as an act of war, raising legal and geopolitical risks.
What This Means: ** The debate over repurposing frozen Russian assets highlights the broader struggle to hold Russia financially accountable for its invasion of Ukraine while navigating potential escalation risks. If implemented, this move could set a precedent for using seized state assets in post-war recovery but may also provoke retaliatory measures from Moscow.
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