The great debate about the use of frozen Russian assets to finance Ukraine’s defense effort has led to the emergence of a burning question – where are all these immobilized assets – writes Euronews.
When the Prime Minister of the Belgian government, Bart De Wever, blocked the bold plan of the European Union to obtain a loan of 140 billion euros for Ukraine with the help of the immobilized assets of the Russian Central Bank, the reason he gave was that Belgium is the only country that is transparent when it comes to these assets.
This is also because the Europeans’ plan is based solely on the funds retained at Euroclear, a deposit in Brussels. However, the other G7 allies have repeatedly said they have assets worth 300 billion immobilized in their own jurisdictions.
“The fattest hen is in Belgium, but there are also other chicks elsewhere. Nobody talks about it,” De Wever vividly expressed, referring to the fact that other countries also host Russian assets.
And, in the end, it is true – very little is said about the assets that the Russians have in other countries besides Belgium. Euronews points out that it tried to find out, through media reports and independent analyses, which are these countries that retain Russian assets.
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