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Wen |Xinxin

Preliminary

Recently, in order to collect 140 billion euros for Ukraine, the European Union was more exciting than the TV series. It was simply a model of "collecting money for 5 minutes and fighting for two hours".

Simply put, it is: want to give money but don't want to pay for yourself, want to take someone else's money and fear to cause trial, look at the deadline to come, is still playing "extreme joke".

Where did the money come from? ¨C Both programs are crap.

The European Commission initially formulated two plans, and the results were both "Schrödinger's feasibility."

Option A is to ¡°use Russian assets to freeze¡±, after all, now the EU has frozen Russia € 21 billion, the light Belgian Euroclear-hosted € 183 billion, pumping $ 140 billion out like ¡°splashing water.¡±

But the problem is that if the money is moved, it is afraid of breaking the law. After all, international law does not say that you can take other people's assets at will. Russia has long said that "this is theft."

Moreover, the "joint borrowing" issued euro bonds, the result of which was just mentioned, was mocked: Germany, the Netherlands shaken their heads like drums, saying directly "the taxpayer's money can not be wasted"; France, Italy is more real, their own debt is not soon enough, where is the space for others?

The ultimate boss Belgium, holding assets and holding firm to the end

Originally, everyone thought that Plan A was promising, but in the end, Belgium stepped forward and directly "stuck the bug" because 90% of Russia's frozen assets in the EU are in the hands of its own Euroclear, which is equivalent to mastering the "purse switch".

Belgium¡¯s concerns are concrete: we signed an investment treaty with Russia in 1989 and now move money, back and forth to Moscow, what if a chain of lawsuits is triggered, our own finances will not collapse?

At the summit, the deputy prime minister directly made a mess: "Want to move money? No way!" However, this plan has to be agreed by all 27 countries. Belgium's card directly postponed the approval until December.

The EU was anxious and quickly drew a cake: "We will bear the risks together, and you will not be alone in taking the blame!" He also said,"As long as Russia concedes and loses money, the money will not have to be repaid"-who believes this? Everyone with discerning eyes knows that the probability is lower than winning the lottery.

There was still wrangling here, but two bad news came over again.

The first is the ¡°time assassin¡± of Ukraine: the money in the hands will end at the end of March, when it may directly ¡°break food¡±.

The second is the "pig teammate" Hungary: it is pulling the Czech Republic and Slovakia to form the "Ukrainian Skeptic Alliance" and has made it clear that it is going to dismantle it.

Previously, Hungary was threatened to cut funding because of opposition to aid to Ukraine by the European Union, and now it is simply to do things, this operation is no longer.

Seeing that it is about to overturn, the European Commission has played "reverse PUA": deliberately taking out the "joint lending" that countries hate most as a bargaining chip, which means "either agree to move Russian assets, or engage in joint lending, choose one of the two."

Some diplomats directly spit out: "Whoever seriously discusses euro bonds is a fool".

conclusion

Although there was a fierce noise, people in the circle felt that it could be done. The Lithuanian Foreign Minister patted his chest: "There will definitely be progress at the next meeting!" EU officials were more direct: "It's not whether it can be done, but when it will be done".

After all, there are three ways now: joint borrowing without anyone agreeing, finding new assets is too slow (it is said to have 25 billion but not enough), and there is only the way to move Russian assets.

It is estimated that in the end, it would give Belgium more guarantees, and then hurry Hungary to get the money out by the end of March.

It can only be said that this wave of EU operations is too "magical": it is more difficult to aid others than to fight a war yourself, and it is more difficult for the 27 countries to gather together the money than climbing to the sky.

Sure enough, the sentence was answered: "As long as the thinking does not slide, there are always more ways than difficulties-the premise is to unify the thinking first".