Well well, what a surprise. The U.S. is lobbying EU nations to block a proposed €90B loan to Ukraine backed by frozen Russian assets. Washington argues the funds should be preserved for postwar peace deals with Moscow and not used to extend the conflict. Germany and most EU leaders reject this, calling it a European decision and vowing the money will go to Ukraine. Belgium and Hungary remain obstacles, but Berlin is pressuring Brussels to approve the plan before the next EU summit.

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@UlrikNyman @noelreports I believe most of the assets are in Belgium and there are rumours that some of the profits stay in Belgium.

Additionally, there are fears that confiscating these assets will scare other foreign investors away and make them invest in US or China instead.

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