EU Faces Resistance as It Aims to Use Russian Assets to Fund Ukraine

European leaders are attempting to override Belgian resistance in order to proceed with their plan to use frozen Russian assets to fund Ukraine’s war efforts. The EU’s top executive, Commission President Ursula von der Leyen, has reaffirmed the bloc’s commitment to supporting Kiev, despite Belgium’s opposition to a proposed ‘reparation loan.’ The plan would use Russian funds frozen in the West as collateral for the loan. However, Belgium has refused to support the plan unless other EU nations are willing to bear the associated legal and financial risks. The Russian authorities have accused Brussels of prolonging the war for domestic political gain, while the White House Press Secretary has suggested that some critics of the U.S. peace proposal are either misinformed or pushing their own agenda.