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Germany Proposes Unlocking €140B in Frozen Russian Assets for Ukraine

9/26/2025

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Summary

Story summary

German Chancellor Friedrich Merz proposes unlocking up to 140 billion euros in frozen Russian assets to aid Ukraine.
The plan would back an EU loan using the assets, keeping freezes until Russia pays reparations.
Finance Minister Lars Klingbeil supports the strategy, and an informal EU summit in Copenhagen will discuss it next week amid U.S. support uncertainty under President Trump.

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Story summary

German Chancellor Friedrich Merz proposes unlocking up to 140 billion euros in frozen Russian assets to aid Ukraine.
The plan would back an EU loan using the assets, keeping freezes until Russia pays reparations.
Finance Minister Lars Klingbeil supports the strategy, and an informal EU summit in Copenhagen will discuss it next week amid U.S. support uncertainty under President Trump.