In this episode of The Sound of Economics,
Rebecca Christie invites MEP
Johan Van Overtveldt and Bruegel Senior fellow
Nicolas Véron to talk about the impact of the sanctions on Russian assets in the global financial system and what that means in terms of systemic risk for Belgium, for Europe and for the world. They discuss possible avenues where the EU could utilise 200 billion frozen Russian assets, in particular a recently proposed plan to use the assets as collateral and take out a loan to help fund Ukraine.
Explore more of Bruegel's
research on Ukraine. How could the EU help further fund Ukraine two years into the war?