{"id":1312379,"date":"2025-10-27T20:09:20","date_gmt":"2025-10-27T18:09:20","guid":{"rendered":"https:\/\/prm.ua\/belgium-slows-down-reparations-mechanism-eu-considers-additional-options-to-help-ukraine\/"},"modified":"2025-10-27T20:09:20","modified_gmt":"2025-10-27T18:09:20","slug":"belgium-slows-down-reparations-mechanism-eu-considers-additional-options-to-help-ukraine","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/belgium-slows-down-reparations-mechanism-eu-considers-additional-options-to-help-ukraine\/","title":{"rendered":"Belgium slows down reparations mechanism: EU considers additional options to help Ukraine"},"content":{"rendered":"

The European Union may find itself faced with the need to raise tens of billions of euros in joint debt if Belgium does not agree to unblock the mechanism of the so-called “reparation loan” for Ukraine.<\/strong><\/p>\n

This is reported by<\/a> Politico.<\/p>\n

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As the publication’s sources note, without new financial injections, Ukraine may face an acute shortage of resources by the end of the first quarter of 2026.<\/p>\n

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Brussels only handed Belgium the European Commission’s legal proposal for using frozen Russian assets on October 23, just before the EU summit. The bulk of these funds are held in the Belgian depository Euroclear, so the country’s government is being cautious due to potential financial risks and possible legal consequences.<\/p>\n

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According to Politico, Prime Minister Bart de Wever did not rush into a decision, seeking to study the proposal in detail.<\/p>\n

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After Belgium refused to lift its reservations, a number of European leaders began considering issuing joint debt to finance Ukraine. However, such an initiative currently has little support, as most EU countries already have high levels of public debt.<\/p>\n

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Most EU members still believe that the most effective way to use the frozen assets of the Russian Federation is to use them. According to two diplomats, the idea of a joint debt was put forward more as a “warning” – to push the Belgian government to approve the reparations mechanism.<\/p>\n

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“What’s the point of discussing other options? [A reparations loan] is the only real tool, and we have to be frank about it,” said one European diplomat.<\/p>\n

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In addition to the scenario with shared debt, the European Union is discussing a third, more radical option – a complete cessation of financial support for Ukraine. However, only Hungary openly supports this idea.<\/p>\n

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The final decision on the financing format must be made by EU leaders by December 18.<\/p>\n

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As a reminder, Belgian Prime Minister Bart de Wever said that his country will not support the European Union’s initiative to forcibly confiscate frozen Russian assets<\/a> . Brussels receives significant profits from their reinvestment through the Euroclear depository.<\/p>\n

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However, it was previously reported that British Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz agreed on intentions to use frozen Russian assets for the benefit of Ukraine<\/a> during a joint telephone conversation.<\/p>\n

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Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The European Union may find itself faced with the need to raise tens of billions of euros in joint debt if Belgium does not agree to unblock the mechanism of the so-called “reparation loan” for Ukraine. This is reported by Politico. As the publication’s sources note, without new financial injections, Ukraine may face an acute […]<\/p>\n","protected":false},"author":65,"featured_media":1312374,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76871,76872,76875,76885,76892],"class_list":["post-1312379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-2","category-news-feed","category-other-news","category-policy","category-economy"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1312379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/65"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1312379"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1312379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1312374"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1312379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1312379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}