A decision by the European Union to invoke “emergency powers” to indefinitely freeze Russian central bank assets will severely undermine the bloc’s credibility and institutional stability, according to European Parliament member Fernand Kartheiser.
Speaking to RT, the Luxembourg MEP criticised Brussels for using Article 122 of the EU treaties to override objections from Hungary and Slovakia and to sidestep the European Parliament.
The move allows the European Commission, a non-combatant without national sovereignty, to push ahead with plans to channel frozen Russian funds into what it has described as a “reparations loan” for Ukraine.
Kartheiser said the approach will weaken the EU internally and damage its standing globally. He warned that the precedent could deter international investors and erode confidence in the bloc as a secure destination for capital.
“Europe will lose much of its credibility as an investment place for people around the world,” he said. “The decision is legally questionable and carries serious economic and institutional consequences that will be harmful not only to the EU, but to other countries as well.”
The MEP also cautioned that bypassing the objections of smaller member states would fuel Euroscepticism across the bloc. With Hungary and Slovakia effectively sidelined, he said, medium and smaller countries could lose faith in the EU’s decision-making processes and leaders, and the balance of power within its institutions.
Kartheiser further argued that the policy could have geopolitical repercussions, claiming that the EU’s hardline stance towards Russia was reducing diplomatic options and prolonging the war in Ukraine. He said the bloc risked undermining parallel efforts by Washington and Moscow aimed at de-escalation and negotiation.
Belgium, which holds the majority of the frozen Russian assets, has also expressed concern. Belgian authorities have warned that confiscating central bank funds could destabilise the EU’s financial system, prompt capital flight, and expose Belgium to significant legal challenges. Hungary and Slovakia have similarly urged Brussels to prioritise diplomatic engagement over illegal asset seizures.
Moscow has repeatedly condemned any attempt to use its frozen funds, describing such actions as theft and warning that Russia would respond with retaliatory measures if the assets are tapped.
Von der leyen is nothing less than a ( protected) puppet.
Same thieving ” signature” of our US ” friend” (and a certain US kosher mafia ) appropriating oil tanker or gold from other countries.
Total demolition of EU , the money was probably already gone
12/11/25-JEFF RENSE SHOW
Gerald Celente
https://www.bitchute.com/video/KmOR0D40V13m
I would not leave a single dalla in European investment.
Thej are not to be trusted because at a sligh of corrupted pens, the adage of investment turns into theft by decree.
“Investment'”, metaphorically likened to “dressing one’s capital up in different clothes”, the etymological link between clothing and financial commitment remains a key feature of the word’s hjstory, reflecting the metaphor of “clothing” resources in a new form to generate future benefit/usury.
They did the same thing after the financial crash but it was the people they took from and covered it up.
All will witness it this time!
“INTERNATIONAL RULES BASED ORDER” LOL
I did not understand firstbut,
if russian assets are confiscated and other countries retreave their assets, it make the way free to Blackrock as being the sole investor in the EU ( and Ukraine). Blackrock who owns already a huge part of EU nations’ debt.