Efforts to release the European Union’s €140 billion loan package for Ukraine have hit a significant roadblock, primarily due to opposition from Belgian Prime Minister Bart De Wever. De Wever has expressed strong reservations about utilizing frozen Russian assets-largely held within Belgium-to finance the loan, citing substantial financial and legal complications. During a recent summit in Brussels, EU leaders opted for more cautious language, effectively postponing any concrete decision for at least another two months. This delay has sparked renewed skepticism regarding the EU’s dedication to supporting Ukraine amid ongoing conflict. Meanwhile, a coalition of committed nations is set to convene in London this Friday to explore alternative avenues for assistance. Philippe Turle, France24’s International Affairs Editor, offers his expert analysis on the unfolding situation.
How Belgium’s De Wever Blocked the EU’s Controversial €140B Ukraine Loan Plan
