Ahead of the summit, which touched on climate targets, the housing crisis and defense as well as the assets issue, POLITICO said De Wever, Slovakia’s Robert Fico, Hungary’s Viktor Orbán and German Chancellor Friedrich Merz were likely to be the biggest thorns in the EU side.
As it turned out, De Wever was the only one who really followed through on his threats. He forced his fellow leaders to water down their language on assets and push any decision to December.
“I’m not a bad boy, we’re best boy in town,” he said. “If you talk about immobilized assets, we’re the very, very best.”
As custodian of the Euroclear depository, Belgium holds close to €170 billion of Russian cash reserves and is therefore most exposed to potential litigation and damages if the gambit is successfully challenged by Moscow.
Belgium warned during the talks that its key conditions for supporting using the funds in the form of a loan for Kyiv had not been met, according to four diplomats and officials. It had been seeking protections in the event of a judicial ruling against the move and burden-sharing in case it is forced to repay the money.
Apprehensive_Emu9240 on
Ik ben enorm pro-EU, altijd geweest, maar dit vind ik nu eens absoluut schandalig. Hoe wij hier als België behandeld worden voor wat eigenlijk een heel redelijke eis is. Wij worden hier gewoon als stroman opgezet.
New_Distribution3073 on
I’m so happy we got a senior politician with a strong party result in these difficult times, whether you like his ideas or not, to not stand down because of pressure or a promised top job in the EU or the U.N (like many of our previous PM’s). Not an N-VA fan, but Bart De Wever is slaying it. De Croo or Michel would have been on their knees with their pants down already.
jafapo on
Like him or not, De Wever is right. We need guarantees as a country
hmtk1976 on
POLITICO, ´nuff said.
Organic-Algae-9438 on
Not a fan nor voter of De Wever and generally pro EU but I do share his opinion here. Thank you for standing up for us, De Wever.
TheMyzzler on
Belachelijke hit piece van activistische Politico journalisten. Ook niet verwonderlijk. D e journaliste, Hanne Cokelaere, is een trouwe Apache soldaat: [https://apache.be/auteur/5584](https://apache.be/auteur/5584) [https://www.politico.eu/author/hanne-cokelaere/](https://www.politico.eu/author/hanne-cokelaere/)
Legitimate_Vast_133 on
De Wever has the perfect personality for this dossier. He doesn’t seem to care that the whole of Europe thinks he’s a bad boy, even though he’s a good boy of course.
dakara895 on
Eu wants to play Santa with all the risks for Belgium if it’s go wrong( enough to bankrupt us completely) and bdw say no. This time he really is good boy
FearlessVisual1 on
When the defenders of the so-called “rules-based order” want to disregard the rules and commit theft:
ThePaddyPower on
I wish people would understand his position. Without legal guarantees, it sets a precedent that any nation that falls below the expectations of its allies or other nations can have its assets seized by Belgium in Euroclear – increasing risk on having assets going through Euroclear which will almost certainly close and move to another European nation.
€170bn isn’t small change to Belgium – if that was to be given to Ukraine in the form of loans and Russia successfully challenges it, Belgium would be expected to hand it back to Russia. Potentially losing €340bn in the process.
I’m not BDWs fan nor am I fan of Russia but he’s right.
11 commenti
Ahead of the summit, which touched on climate targets, the housing crisis and defense as well as the assets issue, POLITICO said De Wever, Slovakia’s Robert Fico, Hungary’s Viktor Orbán and German Chancellor Friedrich Merz were likely to be the biggest thorns in the EU side.
As it turned out, De Wever was the only one who really followed through on his threats. He forced his fellow leaders to water down their language on assets and push any decision to December.
“I’m not a bad boy, we’re best boy in town,” he said. “If you talk about immobilized assets, we’re the very, very best.”
As custodian of the Euroclear depository, Belgium holds close to €170 billion of Russian cash reserves and is therefore most exposed to potential litigation and damages if the gambit is successfully challenged by Moscow.
Belgium warned during the talks that its key conditions for supporting using the funds in the form of a loan for Kyiv had not been met, according to four diplomats and officials. It had been seeking protections in the event of a judicial ruling against the move and burden-sharing in case it is forced to repay the money.
Ik ben enorm pro-EU, altijd geweest, maar dit vind ik nu eens absoluut schandalig. Hoe wij hier als België behandeld worden voor wat eigenlijk een heel redelijke eis is. Wij worden hier gewoon als stroman opgezet.
I’m so happy we got a senior politician with a strong party result in these difficult times, whether you like his ideas or not, to not stand down because of pressure or a promised top job in the EU or the U.N (like many of our previous PM’s). Not an N-VA fan, but Bart De Wever is slaying it. De Croo or Michel would have been on their knees with their pants down already.
Like him or not, De Wever is right. We need guarantees as a country
POLITICO, ´nuff said.
Not a fan nor voter of De Wever and generally pro EU but I do share his opinion here. Thank you for standing up for us, De Wever.
Belachelijke hit piece van activistische Politico journalisten. Ook niet verwonderlijk. D e journaliste, Hanne Cokelaere, is een trouwe Apache soldaat: [https://apache.be/auteur/5584](https://apache.be/auteur/5584) [https://www.politico.eu/author/hanne-cokelaere/](https://www.politico.eu/author/hanne-cokelaere/)
De Wever has the perfect personality for this dossier. He doesn’t seem to care that the whole of Europe thinks he’s a bad boy, even though he’s a good boy of course.
Eu wants to play Santa with all the risks for Belgium if it’s go wrong( enough to bankrupt us completely) and bdw say no. This time he really is good boy
When the defenders of the so-called “rules-based order” want to disregard the rules and commit theft:
I wish people would understand his position. Without legal guarantees, it sets a precedent that any nation that falls below the expectations of its allies or other nations can have its assets seized by Belgium in Euroclear – increasing risk on having assets going through Euroclear which will almost certainly close and move to another European nation.
€170bn isn’t small change to Belgium – if that was to be given to Ukraine in the form of loans and Russia successfully challenges it, Belgium would be expected to hand it back to Russia. Potentially losing €340bn in the process.
I’m not BDWs fan nor am I fan of Russia but he’s right.