Belgium Threatens Legal Action if EU Confiscates Russian Assets in Euroclear

4 comments

1. EU top politicians, like Ursula or Kallas, are acting like populists making cool calls like ‘confiscate Russian money’, while they know perfectly that this is practically illegal, there is no clause in any document or law that allows you to do that. Yet, by making such calls they frame people who are actually responsible to see that these rules are respected as ‘traitors’ or ‘Russia supporters’.

2. I wonder where Belgium stands on the Irish tax issue?

   Regardless it will be interesting to see how this plays out and what implications it has for other countries

3. From Belgium’s side

   We are afraid that that if they confiscate this cash and one day, Trump comes to the EU and commands everyone to just accept that Russia is cool now and suck it up.

   Which let’s be real this is a possibility and most of these countries will stand up and say, “YES DADDY!”.

   At that point Russia is going to look to Belgium and say, “where’s my money bitch?” and Belgium will sure as hell be liable for that shit. Then all the other daddy boys and daddy girls will look the other way because they are not liable while we get cuckle-fucked by Russia.

   Shared legal risk and responsibility would be the right way to go about this. But that would be time consuming and would require a unanimous vote which VonderCuck doesnt like.

4. Belgium offered to consider it if the EU would share the financial burden when this inevitably has to be repaid to Russia – but the EU countries don’t like that idea and are trying to force the issue. Everyone wants to take the money but no one wants to pay for it when the bill comes due.

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