Russia's parliament said on Thursday that any seizure of Russian assets by the European Union must be met by legal action against Belgium and securities house Euroclear, and Moscow could also take over the assets of investors from "unfriendly states".

Belgium’s foreign minister Maxime Prévot warned that the scheme would be “adventurous and dangerous”, according to four people briefed on his remarks. He also said that his government wanted to pursue a different proposal made by the commission to instead issue joint debt to support Kyiv.

EADaily, November 21st, 2025. "Witkoff needs a psychiatrist": the proposal of the special envoy of the US president may destroy the chances of approving a loan for Ukraine for frozen Russian assets by all 27 EU countries.

A planned 140 billion euro ($161 billion) loan for Ukraine from the EU backed by frozen Russian assets is unlikely to hurt sovereign ratings of EU countries, two leading credit rating agencies said.

Cracks have emerged in the continent on how to keep arming Ukraine without U.S. money and how to respond to an increasingly tense confrontation with Russia.