Overview

• At an EU finance meeting in Copenhagen, Valdis Dombrovskis said the loan model could be replicated by other G7 members.
• Belgian finance minister Vincent Van Petegem called the Commission’s proposal vague, citing high uncertainty and legal risk.
• Foreign minister Maxime Prévot signaled Belgium’s readiness to maximize returns only if the EU shares potential liabilities.
• Euroclear in Belgium holds just over €200 billion of Russia’s blocked reserves and has warned that expropriation could prompt reciprocal seizures.
• EU officials say about €9 billion in income from the frozen assets has already been transferred to Kyiv since January, while the Kremlin threatens retaliation and legal action.