From DW News.

EU leaders have postponed a decision on freeing up billions of euros in frozen Russian assets to help Ukraine. The complex plan would provide Kyiv with a €140 billion loan that means Russia’s funds would technically not be confiscated outright.

Under international law, sovereign assets cannot be taken. The money is being held in Belgium, which has asked for guarantees it won’t be held liable, should Russia pursue legal action. EU members did however agree on phasing out Russian gas imports.

00:00 Frozen Russian assets in Belgium
02:46 Teri Schultz, DW Correspondent in Brussels
04:15 Euroclear: Why is so much Russian money in Belgium?
06:48 Putin dismisses new US sanctions on Russian oil
07:42 Angela Stent, American Enterprise Institute, Washington DC

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