EU countries are increasing pressure on Belgium to agree on the use of frozen Russian assets by December - FT
Most EU countries supported the proposal of the European Commission and German Chancellor Friedrich Merz to use €140 billion of Russian assets frozen in Euroclear for a loan to Ukraine. However, Belgium, which has jurisdiction over Euroclear, remains the main obstacle, requiring it to share legal and financial risks with other states. The Financial Times writes about this, citing sources.