On December 3, local time, Belgian Foreign Minister Maxime Prévaux told the media before the NATO foreign ministers meeting that Belgium reiterated its opposition to the EU's plan to provide large “compensation loans” to Ukraine using Russia's frozen assets as a guarantee. Prévaux said that Belgium advocates that the European Union relies on existing mechanisms to borrow funds in the financial market to provide Ukraine with the necessary financing. This is a “well-known, steady, and mature” method; in contrast, the “indemnity loan” arrangement means “significant economic, financial, and legal risks.” Belgium believes that this practice is risky and unprecedented, and is “the worst of all plans.”

On December 3, local time, Belgian Foreign Minister Maxime Prévaux told the media before the NATO foreign ministers meeting that Belgium reiterated its opposition to the EU's plan to provide large “compensation loans” to Ukraine using Russia's frozen assets as a guarantee. Prévaux said that Belgium advocates that the European Union relies on existing mechanisms to borrow funds in the financial market to provide Ukraine with the necessary financing. This is a “well-known, steady, and mature” method; in contrast, the “indemnity loan” arrangement means “significant economic, financial, and legal risks.” Belgium believes that this practice is risky and unprecedented, and is “the worst of all plans.”