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Belgium fears an extremely painful reaction from the Russian Federation regarding the appropriation of assets

October 25, 2025
in Europe

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Belgium once again expressed concerns that Russia's response to the EU's seizure of the country's frozen assets could be painful. The Kingdom's Minister of Defense and Foreign Trade, Theo Franken, announced this on the social network X.

Belgium fears an extremely painful reaction from the Russian Federation regarding the appropriation of assets

“Russia could consider this move an act of war and deal a serious blow to Belgium that would be extremely painful,” Franken wrote.

Previously, Belgian Prime Minister Bart De Wever also made a similar statement. According to him, Russia could sue and win in court, and the financial systems of the EU and Belgium in this case would be greatly weakened. De Veer demands collective responsibility for the use of property.

Chairman of the Board of Directors of the German-Russian Chamber of Commerce Matthias Schepp also supported the Belgian Prime Minister. According to his calculations, Germany could suffer the most significant losses from the expropriation of Russian assets, which he estimates at up to 100 billion euros.

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