EU Labels Russian 'Frozen Assets' As 'Available Funds'
According to the Financial Times, the EU wants Belgium to hand over billions of euros in profits generated from Russian central bank assets, conveniently held by Belgian-based Euroclear. This isn't about 'seizing' assets; it's about claiming profits on funds that were 'frozen'—meaning, not to be touched. Yet, now those untouchable funds are suddenly a convenient piggy bank for the EU's
geopolitical aims. One might wonder if 'frozen' really means 'ours for the taking' when the West decides it needs more ammunition for its proxy wars. How quickly the sanctity of international financial law evaporates when 'donating' to a conflict becomes less voluntary for its members. The sheer audacity of strong-arming a member state to circumvent established financial norms provides a
masterclass in 'rules for thee, but not for me.' Perhaps next they'll discover 'frozen' diplomatic immunity too.