Prime Minister De Wever Prevails in Europe

European leaders reached an agreement on Thursday evening on the financing of Ukraine – without making use of the Russian assets frozen at Euroclear. Ultimately, Europe decided to provide 90 billion euros through a joint European loan.

“Supporting Ukraine is the most important investment we can make in our own security,” said Prime Minister Bart De Wever. “There was never any debate about whether we would help; the only real question was how we would help.”

“Everyone can leave this meeting room as a winner”

Ukraine ultimately receives the urgently needed funding through De Wever’s safe and legally sound “Plan B.” “We are once again navigating familiar waters,” the Prime Minister reacted with relief.

Specifically, Europe decided to jointly borrow 90 billion euros on the financial markets, supported by the available margins within the EU budget.

According to the Prime Minister, the agreement therefore also represents a victory for Europe: “Europe remains united. A divided continent would lose its geopolitical weight. We have avoided that.”

No unnecessary risks for our country

The Russian assets frozen at Euroclear remain untouched. Prime Minister De Wever has thus succeeded in avoiding the enormous financial and legal risks for our country, risks he had been warning about for months.

“We have sent a strong political signal,” De Wever concluded. “Europe stands behind Ukraine, Europe remains united, Europe acts responsibly, and Europe still matters.”