×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Thursday
21
May 2026
weather symbol
Athens 27°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Politico: How Belgium derailed the €140 billion loan plan to Ukraine

EU leaders moved the issue to the next meeting after failing to reassure the Belgian prime minister that his country would not bear the financial burden

Newsroom October 24 01:17

Δείτε περισσότερα άρθρα μας στα αποτελέσματα αναζήτησης

Add Protothema.gr on Google

The European Union’s 140 billion loan to Ukraine remains up in the air – and by all indications, will be delayed for at least another two months – after Belgium’s Prime Minister, Bart de Vever, refused to consent to the use of frozen Russian assets to finance it.

As Politico recalls, Belgium, one of the six founding members of the EU and a traditional champion of European compromise, succeeded in significantly weakening the final text published after yesterday’s Brussels summit. The result brings no meaningful progress, but only postpones a decision on whether to move forward with the plan until the next leaders’ meeting, rekindling concerns about the EU’s commitment to Kiev.

>Related articles

Dendias: Ukraine owes a big apology for the drone, I am not among those who have believed the narrative of “calm waters”

Dendias sends stern message over Ukrainian drone: “We are owed clear explanations, it endangered maritime safety”

The mysteries behind the handwritten notes found in the USV in Lefkada: Under examination by a Special Armed Forces Unit

Bart de Vever is facing internal pressure, arguing that the proposal poses huge financial and legal risks for Belgium, where most of the Russian assets are kept. EU leaders said they understood his concerns but failed to convince him. “It’s kind of bitter for me that we are now being described as the country that doesn’t want it,” de Vever told reporters, adding that the idea of Belgian taxpayers shouldering the burden is “completely absurd.”

Donald Trump’s ambiguous stance on how to deal with the Russian invasion, despite recent sanctions on Russia’s two largest oil companies, has shifted the onus to Europe to step up its support for Ukraine. Although for years, EU governments and institutions have considered the use of Russian funds to finance Ukraine unthinkable, the idea has begun to gain traction in recent months as the war continues with no end in sight.

The EU had hoped to give the commission a clear mandate to present a legal proposal for the loan as early as next week, but de Vever made sure to prevent that.

Ask me anything

Explore related questions

#eu leaders#ukraine
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

In Nicosia, Kyriakos Pierrakakis for Eurogroup, ECOFIN: housing and the impact of the Middle East crisis on the agenda

May 21, 2026

The “X-ray” of the operation in Crete: Three families, 76 defendants, cocaine trafficking, illegal subsidies, weapons and antiquities

May 21, 2026

Search efforts continue for missing 25-year-old mountaineer on Mount Olympus

May 21, 2026

From Sparta, Mitsotakis: “We will not risk the country’s stability for science-fiction promises”

May 21, 2026

An anesthesiologist at the Agioi Anargyroi Hospital asked for a €150 “envelope” (bribe) from a patient – Georgiadis: He will be removed from the NHS

May 21, 2026

Helleniq Energy: No shortages of aviation fuel expected, even at the peak of the summer season

May 21, 2026

Live press conference for the EuroLeague Final Four featuring Olympiacos, Fenerbahçe, Real Madrid, and Valencia

May 21, 2026

Mayors and regional governors to be elected in a single Sunday vote, with “alternative” voting activated: How the new system will work

May 21, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα