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'Legally Inviolable': NATO Allies Sound Alarm Seizing Russia’s Billions, Give Big Financial Warning

TOI.in / Aug 26, 2025, 22.11 PM IST

Belgian PM Bart De Wever warned against confiscating Russian assets. He said seizing €200 billion in frozen funds could trigger systemic chaos. At a Berlin presser, German Chancellor Merz echoed these concerns. Both leaders warned it could scare foreign investors from Europe. Euroclear in Belgium holds most of Russia’s frozen sovereign reserves.

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