Name: Euroclear warns reparations loan for Ukraine risks investor exodus
Uploaded: 2025-12-05T23:09:57.893Z
Duration: 1 min 10 s
Description: Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal.

Euroclear, the custodian of the immobilised Russian assets, has criticised the reparations loan for Ukraine as fragile, unpredictable and risky. In Brussels, the German chancellor holds a crisis meeting with the Belgian prime minister to find a compromise and break the deadlock on the proposal.

Brussels

Russian forces have invaded Ukraine from land, air and sea with strikes causing widespread damage. Global leaders have condemned the move and imposed sanctions.

Ukraine Invasion

Euroclear, the main custodian of immobilized Russian assets, has warned that the European Union's plan to use these assets to fund a reparations loan for Ukraine is fragile and could result in foreign investors withdrawing from the Eurozone. The warning coincides with high-level meetings in Brussels as EU leaders attempt to resolve disagreements over the proposal.

Belgium, home to Euroclear's headquarters, has opposed the plan due to concerns about possible Russian retaliation and the risks faced by Euroclear. Belgian Prime Minister Bart De Wever remains against the proposal, placing him in the minority among European Council leaders, most of whom support the reparations loan for Ukraine.

Euroclear warns reparations loan for Ukraine risks investor exodus

EUROCLEAR, the main custodian of immobilized Russian assets, said the European Union's proposal for a reparations loan for Ukraine is fragile and could trigger an exodus of foreign investors away from the Eurozone. The warning came as German Chancellor Friedrich Merz met with Belgian Prime Minister Bart De Wever and European Commission President Ursula von der Leyen in Brussels in a bid to unblock the loan. EUROCLEAR is based in Brussels, making Belgium the cardinal vote in the debate on funding Ukraine ahead of a crucial summit on December 18th. EUROCLEAR and Belgium have opposed the plan to channel the immobilized Russian assets into a zero-interest line of credit for Ukraine over fears of retaliation from Russia. De Wever has repeatedly invoked the risks that EUROCLEAR faces and has said he will not be pressured into accepting the plan, which has put him in a minority around the European Council of Leaders, most of whom are favourable to the reparations loan.

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Euroclear warns reparations loan for Ukraine risks investor exodus

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Ukraine Invasion