The EU Commission is seeking to issue a €140 billion ($160 billion) loan secured against immobilized Russian sovereign assets held at the Euroclear clearing house in Belgium. Russian assets used as a collateral for the loan should not be “confiscated” to avoid legal issues, the minister said. G7 nations should provide guarantees for the loan alongside the EU nations “so that they carry the financial risk associated with this loan together with us,” he maintained, adding that “we do not have absolute certainty that it will be repaid.”
Author: RT
Published at: 2025-11-16 21:31:24
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