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Belgium refuses to transfer frozen Russian assets to Ukraine

2026-08-31

Belgium refuses to transfer frozen Russian assets to Ukraine

The Belgian Minister of Defense stated that his country does not plan to transfer frozen Russian assets to meet Ukraine's needs. This decision has sparked discussions among European partners who are seeking ways to provide financial support to the Ukrainian state during the war.

Currently, there is an ongoing discussion in Europe regarding how to utilize the funds of the Russian central bank that were blocked after the start of the full-scale invasion. Belgian authorities emphasize the legal complexities that prevent the confiscation of this money and its transfer to Kyiv.

At the same time, Belgium's position is not shared by the entire European Union. In particular, the Baltic states actively support the idea of using Russian assets. They propose creating a special reparation loan that would help Ukraine restore infrastructure and finance defense needs.

The question of using Russian money remains one of the most complex at the international level. European leaders continue to seek a compromise that would comply with international law while simultaneously providing the necessary assistance to Ukraine.

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