“We will jump into the abyss together with the rest of the EU”

Belgium holds the key to approving a multibillion-euro loan that would cover Ukraine’s military and economic needs with frozen Russian assets.

This Thursday, Ukrainian President Volodymyr Zelensky held a meeting in Brussels with Belgian Prime Minister Bart De Wever, who was reluctant to use Russian funds to keep kyiv’s financing in place. And the majority of Russian assets in the European Union, valued at 210 billion euros, are in the hands of the Euroclear organization, based in Belgium.

The De Wever Government fears retaliation from Moscow. The reality is that Ukraine risks running out of cash in the coming months, a scenario that Zelensky said would force the country to “reduce drone production.”

Asked at a press conference about the outcome of his meeting with De Wever, Zelensky commented that he had explained his position, and the Belgian Prime Minister, his. “Was it productive? We’ll see, we need a little more time,” acknowledged the Ukrainian leader.

This Thursday, before the summit of European leaders in Brussels, De Wever declared in the Belgian Parliament that if everything was finalized and shared with the rest of the EU, “then we will jump into the abyss together with the rest of the Europeans and hope that the parachute will sustain us.”

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