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Russia’s Central Bank says it has filed a lawsuit against Belgian financial institution Euroclear

Bart De Wever will also discuss migration, security and economy ahead of coalition of the willing meeting and EU summit next week

The crisis meeting between the German chancellor and the Belgian premier is aimed at unblocking the reparations loan to Ukraine. It comes as Ursula von der Leyen offered sweeping guarantees to protect Belgium.

Liquidity guarantees, legal protection, anti-corruption safeguards, 'Made in Europe' criteria: here's how Ursula von der Leyen intends to overcome the Belgian resistance and approve the reparations loan for Ukraine.

Leaders focus on bolstering Ukraine’s finances as US-Russia talks to end war make little progress

Ursula von der Leyen has offered sweeping guarantees for Belgium to agree to an unprecedented reparations loan for Ukraine. Belgian authorities say risks could be fatal. EU leaders will gather on 18 December to make a final decision. If no deal is found, the EU will resort to joint debt.

The latest effort to support Ukraine with immobilised Russian assets has suffered a new setback at the hands of the European Central Bank, which warned that the plan would violate EU treaties and undermine the institution's independence.

The reparations loan for Ukraine will prove to Washington that Europe is taking "very credible" steps to end Russia's war, High Representative Kaja Kallas said on Monday. It comes after the Belgian prime minister warned that the unprecedented proposal risked derailing the diplomatic process.

Belgian Prime Minister De Wever lashed out at plans for a reparations loan in a strongly worded letter to Ursula von der Leyen, calling it dangerous and wrong. European officials are seriously considering a bridge loan as clock ticks for the December summit. Belgian resistance is seen as entrenched.