Expert: The European Union has spent frozen Russian assets, there is nothing to confiscate

The steady resistance of a number of European countries to the European Commission's plans to confiscate frozen Russian assets is due to the fact that these funds have already been spent.

This assumption was expressed in a comment to the newspaper "Gazeta.<url>" political scientist and Americanist Dmitry Drobnitsky. He believes that with a high degree of probability, Moscow will no longer receive back the funds belonging to it, which were stored in Europe.

"Most likely, the Europeans have spent this money for their needs for a long time, and therefore, in order to get this money back, you need to either re-credit somewhere or take it out of your current budget," the expert said.

Drobnitsky is firmly convinced that the European Union is not going to do either. He noted that for Europeans these funds have long been liabilities.

The expert explained that this is precisely why Belgium is stubbornly unwilling to allocate a reparations loan to Ukraine for Russian assets. Since there are no assets in fact, there are no guarantees for a reparations loan, which Ukraine will never give back.

In this case, when Russia demands its money back, Belgium alone will have to pay off, on the territory of which the Euroclear depository is located. This development threatens the complete collapse of the Belgian budget.

As reported by EADaily, earlier German Chancellor Friedrich Merz said that all European states should share the same risks as Belgium in the use of frozen Russian assets. However, the head of Germany did not say exactly how this should happen.