“Taking Putin’s money and leaving the risks with [Belgium]. That’s not going to happen,” Belgian Prime Minister Bart De Wever said in New York. Most of the assets are held in Euroclear, a Brussels-based clearing house – making Belgium a key player in EU negotiations

“Taking Putin’s money and leaving the risks with [Belgium]. That’s not going to happen, let me be very clear about that,” Prime Minister Bart De Wever on the sidelines of the UN General Assembly meeting in New York.

“If countries see that central bank money can disappear if European politicians see fit, they might decide to withdraw their reserves from the eurozone,” he added.

  • Hotznplotzn@lemmy.sdf.orgEnglish
    12·
    6 days ago

    messing with people’s assets

    I get what you mean, but Russian assets at Euroclear belong to the Russian state and its so-called political ‘elite’, ordinary Russian don’t benefit at all.

    • CanadaPlus@lemmy.sdf.orgEnglish
      1·
      5 days ago

      Yes, I’m not suggesting it’s the people’s assets. The foreign people who’s assets Europe can mess with tend to be rich.

        • CanadaPlus@lemmy.sdf.orgEnglish
          1·
          4 days ago

          I’m not sure what you mean.

          Foreign people, as opposed to local EU citizens, who probably have a European bank account regardless of their financial situation.