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German Chancellor Seeks Use of Frozen Russian Assets - Voice of Nigeria Broadcasting Service
10 Articles
10 Articles
Friedrich Merz suggests that Russian funds be used as collateral for loans - it is about a whopping 140 billion euros. In the Kremlin one is by no means pleased about this. The highest diplomat in Berlin sharply criticizes the advance and threatens with retaliation.
In his appearance before the Bundestag plenary, in which he seeks parliamentary support for the position that Germany will maintain at the European summit next week, Friedrich Merz has advanced that he will pressure the European Union to take advantage of the Russian assets frozen in connection with the sanctions and grant them EUR 140 billion in loans to Ukraine. The German Chancellor has stated that these additional funds would be used exclusi…
German Chancellor Friedrich Merz announced on Thursday that he will propose next week at an EU summit his plan to lend Ukraine 140 billion euros, guaranteed by Russian assets. ...
German Chancellor Seeks Use of Frozen Russian Assets - Voice of Nigeria Broadcasting Service
German Chancellor Friedrich Merz has said he would advocate for the use of Russian assets frozen in the West to provide a 140 billion euro ($163 billion) loan to Ukraine to finance its war effort at the upcoming EU summit. Friedrich Merz first advocated for an interest-free EU loan backed by the frozen assets in late September. Read more: EU Begins Rollout of New Border Entry System Merz said in a speech to the Bundestag lower house of parliame…
German Chancellor Friedrich Merz announced that it will propose, next week, at a European Union summit (EU), a plan to lend Ukraine EUR 140 billion, guaranteed by Russian assets, to the AFP.
Berlin - German Chancellor Friedrich Merz announced on Thursday that he would propose next week, at an EU summit, a plan to lend to Ukraine €140 billion, guaranteed by Russian assets. In front of the German deputies, he called for the use of the assets of the Russian Central Bank, frozen since the invasion of February 2022, to grant Ukraine "a total of €140 billion in interest-free loans", which will be used exclusively to finance the country's …
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