Belgium threatens EU with court over reparations loan for Ukraine

"We are negotiating with the Commission to see if the proposal can be adjusted to meet Belgium's minimum conditions, which are generally recognized as rational, reasonable, and justified," De Wever said, stressing that the risks of such a decision cannot fall solely on Belgium.

The Prime Minister added that if no compromise is reached, Belgium does not rule out taking the matter to court.

"You can never exclude anything if a decision is made that contradicts legality and creates significant risks for the country," he said.

He also noted that the EU has alternative options to finance aid for Ukraine, though this would require unanimity among all member states. De Wever criticized the radical approach of confiscating Russian assets, calling it unwise and ill-considered.

The conflict arose following the EU's proposal to use frozen Russian assets to fund aid for Ukraine.

Belgium insists on conditions ensuring that financial risks do not fall solely on Brussels, and that Euroclear receives the necessary funding in case the assets must be returned.

Reparations credit for Ukraine

Previously, the European Commission proposed a 140 billion-euro reparations credit for Ukraine, secured by frozen Russian assets. Approval from all EU member states is required.

However, Belgium is blocking the initiative, as the largest share of Russian assets is stored on its territory. Prime Minister De Wever warned of serious economic and geopolitical risks from such a decision.

If no agreement is reached, the EU is considering a Plan B – a transitional loan financed by the bloc to support Ukraine at the start of 2026.

European Commission President Ursula von der Leyen announced that a legislative proposal on using frozen Russian assets will be presented in the coming days.

RBC-Ukraine also reported that the European Central Bank has refused to support the idea of a reparations loan.