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'Very dangerous from a legal perspective' - Belgian, German leaders wary of confiscating frozen Russian assets

'Very dangerous from a legal perspective' - Belgian, German leaders wary of confiscating frozen Russian assets
world8/27/2025

"I know that there are governments that are trying to seize the money. But I would like to warn that this is not so easy legally," Belgian Prime Minister Bart De Wever said, warning that assets belonging to Russia's central bank hold legal immunity and the seizure likely lead to economic retaliation from other countries.

The leaders of Belgium and Germany warned against the outright seizure of frozen Russian assets during a joint press conference on Aug. 26 over concerns that doing so would raise legal issues. At the outbreak of the full-scale war in Ukraine in 2022,... [2272 chars]