Germany changes position on use of Russian assets for Ukraine's benefit
global.espreso.tv
Wed, 17 Sep 2025 16:56:00 +0300

Bloomberg reported the information.European governments and their Group of Seven allies are considering ways to make broader use of the frozen assets to generate additional revenue to support Ukraine, according to informed sources.The vast majority of the approximately $300 billion in frozen Russian assets are concentrated in Europe. European Commission President Ursula von der Leyen stated in a speech earlier this month that the EU needs to find new ways to make Russia pay for the war it is waging.Germany, which has long been cautious about protecting Europe's financial center and adhering to the principle of state immunity, has now become an active supporter of maximizing the profits from these funds, sources said on the condition of anonymity.The change in Berlin's position comes amid concerns that if U.S. support under a Trump presidency weakens, the burden of aiding Ukraine will fall largely on the German economy, the largest in Europe, which could further fuel the rise in popularity of the far-right.According to the agency's sources, the issue is expected to be raised by EU finance ministers at a meeting in Copenhagen this week, as well as by EU leaders in October.
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