The EU has not established an alternative funding plan for Ukraine; Belgium refuses to use frozen Russian assets.

【Key Focus: If Belgium refuses to use the frozen Russian assets, the EU currently does not have an alternative plan to fund Ukraine's needs】

On November 14, 2025, in Brussels, the Greek Minister of Economy and Finance, Kyriakos Pierrakakis, responded to questions from the American Bloomberg during a break at the ECOFIN Council meeting:

If Belgium refuses to use the frozen Russian assets, the EU currently does not have an alternative plan to fund Ukraine's needs. We are currently discussing another plan, so we have not reached that stage yet.

Kyriakos Pierrakakis emphasized:

EU member states should persuade Belgium by providing protective guarantees. We believe this decision should be legally verified. It requires further study. We hope it will be implemented at the European level rather than the national level, i.e., debt is distributed among the assets mutually.

Original article: www.toutiao.com/article/1848782729834632/

Statement: This article represents the views of the author himself.