Belgian PM Bart De Wever has warned that seizing Russia’s frozen assets would be an “act of war,” potentially provoking Russian retaliation. The EU has frozen $300 billion in Russian funds, with $213 billion held by Euroclear in Belgium. While interest from the assets has already been directed to Ukraine, France and Spain are pushing for full confiscation to support Kyiv’s defense. However, concerns persist about legal challenges, financial instability, and retaliatory measures by Moscow. The IMF also warned that seizing the funds could erode trust in Western financial institutions. The Kremlin has condemned the move as “theft” and threatened legal action. Click to know more.
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'Seizing Frozen Russian Assets Is An Act Of War,’ Says NATO Nation PM | Watch
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