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Belgian Minister Warns Against Seizing Frozen Russian Assets

9/6/2025

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Story summary
  • Belgian Foreign Minister Maxime Prevot cautioned that seizing frozen Russian central bank assets could harm Europe's economy.
  • The EU has frozen approximately 200 billion euros since Russia's 2022 invasion of Ukraine.
  • Prevot warned that confiscation for political reasons might destabilize financial markets and undermine the euro's credibility.
  • Belgium and Germany's opposition indicates no immediate action on the assets despite recent discussions.
  • The EU intends to keep the assets frozen until Russia compensates Ukraine, while the U.S. supports negotiations involving these assets.