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Belgium to soften stance on frozen Russian assets if EU shares risk

Foreign minister warns bloc not to ‘kill the hen laying golden eggs’

Belgium has signalled its openness to riskier ways to maximise the profits arising from €190bn worth of Russian assets immobilised on its soil in order to help Ukraine, provided the EU shares the legal risks.

Foreign minister Maxime Prévot said in an interview with the Financial Times that his government could be open to the EU changing the way it handles the assets, if the legal risks involved were transferred to all EU member states.

“If new initiatives were to be taken, it would be necessary to ensure their legal robustness, but also that there would be a pooling of risks,” Prévot said.

But he also warned the bloc against any aggressive changes, comparing the situation to a “hen laying golden eggs”.

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