Belgian Prime Minister Bart de Wever said on the sidelines of the WEF event in Davos on Thursday morning: “We are not at war with Russia. Europe is not at war with Russia. You can’t just confiscate money. This is an act of war,” said Belgian Prime Minister Bart de Wever at the Davos meeting on Jan. 22, Izvestia reports . “Don’t underestimate this. This has never happened: immobilized money has never been confiscated, even during World War II.” He warned that the seizure of assets would have “serious consequences for Europe, for the credibility of the eurozone financial system.”
“There is no free money. Everything that seems simple is actually very difficult…. If assets are confiscated and spent, then at some point they will have to be reimbursed, and then a big problem will arise,” De Wever said, again publicly contradicting EU Commission President Ursulal von der Leyen, who just past week insisted, in a speech at the European Parliament, that the full seizure option remained on the table and that the EU preserves the right to seize Russian property to repay the 90-billion-euro loan decided as a plan B for the time being on December 18.
