Prime Minister Bart De Wever’s address to the Belgian parliament this morning
As I noted yesterday on the basis of news in the Belgian daily ‘Le Soir,’ early this morning Prime Minister Bart De Wever convened a session of the Belgian parliament (Chamber of Representatives) to deliver a speech about his planned actions later in the day at the European Council meeting of heads of government and state of the 27 EU Member States when they discuss the proposal of European Commission President Ursula von der Leyen to free the 185 billion euros in frozen Russian assets held in Euroclear (Belgium) to be used as collateral for a massive ‘reparations loan’ to Ukraine.
Here below is the link to this session. Regrettably there is not yet a version available on the internet with English translation. As you will find, De Wever opens with a few words in French and then switches to Flemish (Dutch) for the remainder of his speech. Nonetheless, in the Q&A with deputies which follows some of the questions are from French-speaking deputies and De Wever answers each one in French. I refer you to minute 21 and minute 33 and following, for example. He also weaves into his speech and into his answers English turns of speech.
I call attention to his statements in French which I could pick up and which are highly relevant to anyone who wants to understand how and why he dares to go up against the majority of EU Members and still more courageously against the authoritarian and vengeful Frau von der Leyen as he is doing. De Wever says that he has backers for his opposition to the notion of seizing the Russian assets among other European leaders, in particular Italy, Malta and Bulgaria, as well as several others which are still unnamed, and on this basis he assures the deputies that Belgium does not stand alone, that it is not isolated. These countries agree that the proposed ‘reparations loan’ is, as he says here in English: ‘sailing in uncharted waters.” The countries siding with Belgium have told him that if the Russian assets were being held in their countries as they are now in Euroclear (Belgium) they would act precisely as De Wever is doing.
De Wever insists that the Member States consider instead issuing an EU guarantee for any loans to be extended to Ukraine directly, not using Russian assets, per what von der Leyen called ‘Plan B’ a couple of weeks ago. This would be less expensive and less risky, he says.
Clever words! Of course, he knows perfectly well that Germany, The Netherlands and several Nordic countries are stingy and will resist strongly any attempt to draw them into mutualizing a loan to Ukraine.