https://sputnikglobe.com/20251024/belgian-minister-warns-confiscating-russian-assets-would-trigger-a-very-painful-response-1123011544.html
Belgian Minister Warns: Confiscating Russian Assets Would Trigger a 'Very Painful' Response
Belgian Minister Warns: Confiscating Russian Assets Would Trigger a 'Very Painful' Response
Sputnik International
Russia's response in the event of the confiscation of its assets will be "very painful," Belgian Minister of Defense and Foreign Trade Theo Francken said on Friday.
2025-10-24T18:52+0000
2025-10-24T18:52+0000
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"[Russian President Vladimir] Putin will never give up these billions. He will regard this as an act of war and deal a serious blow to Belgium. It will be painful. Very painful. And, perhaps, as a retaliatory measure, he will confiscate 200 billion Western assets located in Russia. It will be not only Belgian money but also money from such large countries as the US, Germany, and France," Francken said in a statement. The use of Russian assets for a loan to Ukraine will set a precedent with "potentially huge consequences," Francken added.
https://sputnikglobe.com/20251024/eu-fails-to-agree-on-russian-asset-plan-von-der-leyen-promises-new-proposals-by-december-1123008408.html
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russia assets, asset confiscation, belgium, theo francken, putin response, act of war, western assets, ukraine loan, sanctions, retaliation, economic war, global finance, eu russia relations, frozen assets, geopolitical tensions
russia assets, asset confiscation, belgium, theo francken, putin response, act of war, western assets, ukraine loan, sanctions, retaliation, economic war, global finance, eu russia relations, frozen assets, geopolitical tensions
Belgian Minister Warns: Confiscating Russian Assets Would Trigger a 'Very Painful' Response
MOSCOW (Sputnik) - Russia's response in the event of the confiscation of its assets will be "very painful," Belgian Minister of Defense and Foreign Trade Theo Francken said on Friday.
"[Russian President Vladimir] Putin will never give up these billions. He will regard this as an act of war and deal a serious blow to Belgium. It will be painful. Very painful. And, perhaps, as a retaliatory measure,
he will confiscate 200 billion Western assets located in Russia. It will be not only Belgian money but also money from such large countries as the US, Germany, and France," Francken said in a statement.
The use of Russian assets for a loan to Ukraine will set a precedent with "potentially huge consequences," Francken added.
