SCHULTZ: EU foreign policy chief, Kaja Kallas, is a huge proponent of the summit's centerpiece, a reparations loan that would use more than a hundred billion dollars' worth of frozen Russian central bank funds as collateral for a loan to cash-strapped Ukraine. SCHULTZ: Even though the money would not technically be confiscated, Belgium Prime Minister Bart De Wever argues the trustworthiness of his country's financial institutions would be irreparably damaged, and he fears that if Russia gets an international legal judgment ordering the money returned, the bill would go to Belgium. AARON BURNETT: If they don't agree a plan, then essentially, they're telegraphing the message that Russian state money, the state money of the aggressor, enjoys far more protections from us than the money of our own taxpayers.
Author: Teri Schultz
Published at: 2025-12-17 23:04:12
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