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Yatsenyuk: Putin is intimidating Belgium to block the use of Russian assets as collateral for Ukraine
10.12.25

Putin is trying to sow fear among the EU member states to block the use of frozen Russian assets as collateral to secure a loan for Ukraine. This was stated by the Chairman of the Kyiv Security Forum, Prime Minister of Ukraine (2014-2016) Arseniy Yatsenyuk in an interview with British radio station LBC.

According to him, Putin's threats against Belgium following the announcement of a possible unfreezing of assets are a common intimidation tactic.

‘This is scaremongering. It is important for the European Union and the free world – remnants of the free world – just to act, to make the decision. And this decision is on the table. Russia has committed a crime of aggression and crimes against humanity. It is crystal clear that Russia has to pay the price,’ Yatsenyuk stressed.

The former prime minister stressed that using frozen assets as collateral is the first step towards holding Russia accountable.

The Chairman of the KSF also explained the position of Belgium, which opposed the confiscation of assets: "The Belgian government was concerned about acts of sabotage and terrorism. But again, that’s a regular playbook of Putin. He simply wants to sow fear among the EU member states. And the only response we have is just to act and show that we are fearless, that we do not care about his threats, that we act to make Ukraine win this war."

At the same time, according to the former prime minister, the European Commission has provided support to the Belgian government, which effectively paves the way for the right decision to be made. Yatsenyuk also stressed Ukraine's critical need for funding.

"We are completely out of cash, and everyone knows it. Ukraine has been provided a really strong lifeline from our European partners, and as of now we desperetaly need a new injection of both financial and military support. The EU seized around $200 billion, and maybe even more, of the russian sovereign assets [...] It is important for the EU to show that they are serious about either confiscating or using the sovereign assets to provide the reparation loan for Ukraine to give it a line in order to prevail in  this war," the Chairman of the KSF concluded.

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