The criminal, irresponsible Euro elites like von der Leyen, Kallas, Merz, Macron, and NATO’s Rutte, are lashing the EU financially to a sinking ship.

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European Commission President Ursula von der Leyen is pushing ahead with a reckless plan to confiscate over €200 billion in Russia’s sovereign wealth for the purpose of propping up the corrupt NeoNazi Kiev regime and prolonging a futile proxy war.

It is hard to imagine a more crass course of action. Yet the so-called European leadership around Von der Leyen is zealously steering towards disaster. At least the hapless captain of the Titanic tried to avert collision with an iceberg. The Euro captains are heading full steam ahead.

Von der Leyen’s proposed scheme is fancifully called a “reparations loan” and pretends, through legalistic rhetoric, not to be a confiscation of Russia’s assets. But it boils down to theft. Theft to continue the bloodiest war in Europe since the Second World War, which marked the defeat of Nazi Germany.

Von der Leyen, a former German defense minister, is supported by other obsessively Russophobic Euro elites. The EU’s foreign minister Kaja Kallas, a former Estonian prime minister, asserts that the seizure of Russian money and pumping it into the Kiev regime is aimed at forcing Moscow to negotiate a peaceful end to the nearly four-year conflict. Such twisted logic is an Orwellian distortion of reality.

Belgium and other European states are extremely wary of the unprecedented and audacious move. Belgium, which holds the majority of frozen Russian wealth – some €185 bn – in its Euroclear depository, is anxious that it will be financially ruined if Moscow holds the EU liable for illegal seizure of wealth. Other EU members, like Hungary and Slovakia, are concerned that the Russophobic leadership is undermining any diplomatic initiatives by the U.S. Trump administration and the Kremlin to negotiate a peace settlement.

Russian President Vladimir Putin has warned that any confiscation of Russian assets by the EU leadership – regardless of financial rhetorical packaging – will be viewed by Moscow as theft of sovereign wealth. Russia has vowed it will respond robustly with legal challenges under existing treaties to exact compensation. This is what Belgium is fearful of and why it is resisting von der Leyen’s loan reparation scheme.

The European leaders are to hold a summit on December 18-19 to decide on the proposal. So desperate are the Russophobic elites that they have been assiduously piling political pressure on the Belgian government to relent in its opposition to go along with the scheme. In trying to get Belgium onboard, von der Leyen has written legal guarantees that all EU members will share any legal and financial repercussions. Thus, the unelected European Commission president is taking it upon herself to write a suicide note for the whole of Europe.

Essentially, the proposed loan reparation scheme is based on using Russian immobilized investments in EU banks as a guarantee to give €140 bn in an interest-free hand-out to Ukraine. The financial life-line is necessary because Ukraine is bankrupt after four years of fighting a proxy war on behalf of NATO against Russia.

Ukraine and its NATO sponsors have lost this conflict as Russian forces gather momentum with superior military force. But rather than meeting Russia’s terms for peace, the Euro elites want to keep on “fighting to the last Ukrainian”. To sue for peace would be an admission of complicity in a proxy war and would be politically disastrous for the European warmongers. In covering up their criminal enterprise and lies, they are compelled to keep the “defense of Ukraine” charade going.

Given the rampant graft and embezzlement at the core of the Kiev regime as indicated by the recent firing of top ministers and aides, it is certain that much of the next EU loan will end up in offshore bank accounts, foreign properties and being snorted up the noses of the corrupt regime.

Von der Leyen’s artful deception of theft claims that the Russian assets are not confiscated permanently but rather will be released when Moscow eventually pays “war damages” to Ukraine. In other words, the scheme is a blackmail operation, one that Russia will never comply with because it is premised on Russia as a guilty aggressor, rather than, as Moscow and many others see it, as acting in self-defense to years of NATO fueled hostility culminating in the CIA coup in Kiev in 2014 and weaponizing of a NeoNazi regime to provoke Russia. Therefore, under von der Leyen’s scheme, Russia’s frozen funds will, in effect, never be returned and, to add insult to injury, will have been routed through to the benefit of Kiev mafia.

Such a criminal move is highly provocative and dangerous. It could be interpreted by Moscow as an act of war given the huge scale of plunder of the Russian nation. At the very least, Russia will pursue compensation under international treaties and laws that could end up destroying Belgium and other EU states from financial liabilities. How absurd is that? Von der Leyen and her Russophobic ilk are setting up Europe for bankruptcy by stealing Russia’s wealth for propping up a corrupt NeoNazi regime that has already sacrificed millions of Ukrainian military casualties?

Alternatively, if the EU leadership does not get away with its madcap robbery scheme at the summit on December 18-19, the “Plan B” is for the EU 27 members to take out a joint debt from international markets to carry the Kiev regime through another two years of attritional war.

The insanity of the EU leaders is unfathomable. It is driven by ideological, futile obsession to “subjugate” Russia. Von der Leyen, as well as Germany’s Chancellor Friedrich Merz, are descendants of Nazi figures. For these people, there is an atavistic quest to defeat Russia and assert European “greatness”.

They lost their proxy war in Ukraine with much blood on their hands. But instead of desisting from their destructive obsession, they are desperately trying to find new ways to keep it going.

The criminal, irresponsible Euro elites like von der Leyen, Kallas, Merz, Macron, and NATO’s Rutte, are lashing the EU financially to a sinking ship. They are bringing the entire European bloc down with them, splintering as they go.

What these elites are doing is destroying the European Union as we know it, and they profess to uphold. Ironically, it is they, not Russia, that is the biggest enemy to democracy and peace in Europe.