Belgium Opposes Seizing Russian Assets, Says Moscow’s Defeat Is “a Fairy Tale”

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1. Belgian Prime Minister Bart De Wever has argued that Russia will not lose the war in Ukraine, calling expectations of Moscow’s defeat “a fairy tale and a complete illusion.” He said that for this reason, frozen Russian assets will ultimately need to be returned to the Kremlin once the Russia’s war against Ukraine ends.

   “Stealing the frozen assets of another country—its sovereign wealth funds—has never been done before. This is money belonging to the Central Bank of Russia. Even during the Second World War, German funds were not confiscated, only frozen,” he said.

   De Wever added that, historically, a defeated state relinquishes assets voluntarily as part of a peace settlement. But he suggested this would not apply in the current war, arguing that Russia is not losing—and that a defeat for a nuclear-armed country could be destabilizing.

   “Who genuinely believes that Russia is losing in Ukraine? Russia is not losing. That is a fairy tale, an illusion. And it is even undesirable for them to lose, so instability does not emerge in a nuclear power,” he said.

2. “Moscow has made it clear that if that happens, Belgium—and I personally—will face the consequences ‘forever.’ ”

   ERM… So you have been directly, personally threatened and now you are implying strength of the side of those threatening you. 

   Got it.

3. A sure sign someone has business interests behind it the iron curtain.

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