Story perspectives

EU's Asset Freeze Criticized for Undermining Credibility

12/14/2025

41 5

Summary

Story summary

European Parliament member Fernand Kartheiser criticized the EU's emergency powers to freeze Russian Central Bank assets, saying they undermine the bloc's credibility.
He argued bypassing Hungary and Slovakia would weaken member states and fuel Euroscepticism.
The move could harm the EU's reputation as an investment destination and prolong Ukraine negotiations with Russia.
Belgium warned seizing Russian assets could damage the EU's financial system and lead to legal repercussions.

1 of 1

Story summary

European Parliament member Fernand Kartheiser criticized the EU's emergency powers to freeze Russian Central Bank assets, saying they undermine the bloc's credibility.
He argued bypassing Hungary and Slovakia would weaken member states and fuel Euroscepticism.
The move could harm the EU's reputation as an investment destination and prolong Ukraine negotiations with Russia.
Belgium warned seizing Russian assets could damage the EU's financial system and lead to legal repercussions.