How Belgium became Russia’s most valuable asset

9 comments

1. You mean Belgium doesn’t what to be on the hook for hundreds of billions if the EU’s scheme fails? Who would have ever thought? You want to steal Russia’s assets then take on the risk yourselves.

2. Damn the media are attacking Belgium already?

   Belgium is trying to protect its own ass. I was told EU economy is a multitude bigger than Russia, so why isn’t France, Germany, and other big economies just guarantees the loan instead of forcing Belgium to guarantee it on their own? 200 billion should be chump changes for economies that are worth trillions, right?

3. At this point what isn’t a Russian asset? We can no longer blame Jews for owning all the banks in the world and controlling governments. Putin took their job.
   If you are reading this, maybe you are also a Russian asset, you just don’t know it yet because Politico hasn’t made an article about it.

4. Europe transferring frozen Russian assets to Ukraine is the biggest “will they or won’t they?” of the war.

   The “pro” is that it will be used to arm Ukraine to fight Russia more. The “con” is the precedent it will set & consequential decreased trust in the European market.

   Also generally, Russia will double down on taking valuable Ukrainian natural resources to recoup the losses and also seek to destroy Ukraine further. And since these assets were frozen immediately in March 2022, Russia has adjusted to live without them as well.

5. This is funny to read. Everyone is Russian asset now if god forbid they put themselves above. They want to steal Russian assets, but also want Belgium to be liable for it.

6. > De Wever is worried the stability of the euro itself could be undermined if a raid on Euroclear forced investors to think again about placing their assets in European banks.

   No one else in the EU seems to care that we are not at war with Russia and that Russia is not sanctioned through the UN (getting kicked out of the human rights council does not matter). But countries like Saudi Arabia or even China are gonna think twice about investing or holding their assets in the EU. Euroclear will lose some influence and with that the Euro itself.

   > The other idea is to fund a loan to Kyiv via joint EU borrowing, something frugal countries dislike because it would pile up debt to be repaid by future generations of taxpayers. “We are not keen on that,” one diplomat said. “The principle of saying Russia needs to pay for the damage is right.”

   If Ukraine is so important, just go to the ECB and ask for money lol. Or is this war not as important as the 08 crisis, the Euro crisis or the covid shutdown?

   But like the article says, the US is now looking at that money and if the EU is just spending it away (selling the assets) it can ignore Trump. That’s the real reason why so many countries are pushing for it. If Trump can get away with a great deal for the US (50% of net profits lol) while the people in the EU are just paying and paying….the politicians will have to answer for that.

7. Europe will be completely finished as an investment destination if the seizure goes ahead, with who knows what impact on bankrupt EU countries who need to fund their fiscal deficits

8. ROFL. If someoen ever again says the media is “free” in the West, I am honestly going to either puke from disgust or start laughing like a maniac. DISGUSTING article.

9. Orbán be like: Am I Joke to you?

   I am really not looking forward to Hungary backstabbing NATO and the EU when the Russians attack Poland and/or romania. It will take years, amybe even a decade, but I hope by then I will be an expat somewhere in the civilized world

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