Belgian Prime Minister Bart De Wever declined to discuss the frozen-asset dispute after an EU summit failed to advance a plan to use Russian funds for Ukraine. Belgium has resisted the proposal because most assets are held by Brussels-based Euroclear, exposing the country and the clearing house to potential legal claims and Russian retaliation. Belgium argues shared guarantees are needed to protect Euroclear from legal claims and possible Russian retaliation. EU leaders continue weighing other options, with no agreement yet on Ukraine funding and support for Ukraine.
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