When Belgian Prime Minister Bart De Wever put his foot down at last month's EU summit and blocked a bold plan to issue a €140 billion reparations loan to Ukraine using the immobilised assets of the Russian Central Bank, he complained of being singled out.
After all, the audacious project is solely based on the funds held at Euroclear, a central securities depository based in Brussels, despite G7 allies repeatedly saying they have about €300 billion in paralysed sovereign assets spread across their jurisdictions.
