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Merz to Ask EU to Leverage Frozen Russian Assets for Ukraine Loan

October 16, 2025,
12:24 PM
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Merz to Ask EU to Leverage Frozen Russian Assets for 140 Bn Euro Ukraine Loan
Friedrich Merz addresses parliamentarians. AFP
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Germany’s Chancellor Friedrich Merz will press the European Union to leverage frozen Russian assets to provide 140 billion euros ($163 billion) of loans to Ukraine, he said on Thursday. “These additional funds are to be used exclusively to finance military equipment,” Merz told parliament. “Paid out in tranches, they would secure Ukraine’s military resilience for years to come.” (AFP)

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BundestagFriedrich MerzGermanyRussian AssetsUkraine War

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