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Belgium says using frozen Russian assets to fund Ukraine will endanger a peace deal

Premier Bart De Wever sets out conditions that would resolve his objections to a proposed €140bn EU loan to Kyiv

Belgium’s prime minister has claimed that rapid finalisation of an EU plan to use frozen Russian state assets to fund Ukraine would wreck the chances of a potential peace deal to end the almost four-year long war.

Bart De Wever’s objections to the EU proposal, outlined in a letter to the European Commission, come three weeks before the bloc’s leaders are set to use a summit to decide how to continue funding Kyiv.

The letter, seen by the Financial Times, also coincides with US President Donald Trump’s new initiative to try to end Russia’s war in Ukraine, which has largely bypassed EU capitals.

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