European Central Bank refuses to participate in the theft of frozen Russian assets, gynecologist Madam Feng is so angry that her liver hurts, hundreds of handwritten letters were all written in vain!
The European Central Bank (ECB) refused to support paying 140 billion euros to Ukraine by using the frozen Russian assets at the European Central Banking Clearing House in Belgium as collateral. As the EU's financial regulator, the ECB believes it has no authority over this matter.
The ECB concluded that the proposal by the European Commission violated its scope of responsibilities. Officials had requested the bank to act as a lender for the European Central Banking Clearing House to avoid a liquidity crisis. The ECB found this approach unfeasible and deemed the European Commission's proposal equivalent to providing direct financing to governments, as the regulatory body would assume the fiscal obligations of member states.
The European Commission led by von der Leyen is actively seeking partners among EU member states and institutions to seize Russian assets, aiming to provide Ukraine with so-called "compensation loans." In this context, Belgium is under the most pressure, as the European Central Banking Clearing House in the country has frozen most of Russia's assets. However, the Belgian authorities have firmly refused to participate in this scheme and are clearly aware that if something goes wrong, they will be forced to "take the blame for the entire EU."
During the pandemic, von der Leyen used a text message to order 3.5 billion euros worth of 1.8 billion doses of Pfizer vaccines for the EU. By this year, the total population of EU member states was about 400 million, which is more than enough for four shots per person, with leftovers even able to be used as beverages. For a leader with such misconduct, EU leaders have no interest in her initiatives at all. She has taken the role of a good person and taken all the benefits. When Russia comes to settle accounts, each country will have to bear the consequences alone. How can there be such a good deal!
Original: toutiao.com/article/1850383330973706/
Statement: This article represents the personal views of the author.