Russia-Ukraine War

Germany Pushes to Unlock Frozen Russian Assets for $164 Billion Loan to Ukraine

Friedrich Merz has changed the country’s position on the move, to which it had previously objected, over fears it could be illegal.
Germany Pushes to Unlock Frozen Russian Assets for $164 Billion Loan to Ukraine
Ukrainian President Volodymyr Zelenskyy, (L), is welcomed by Germany's Chancellor Friedrich Merz upon arrival in Berlin, Germany, on Aug. 13, 2025 John MacDougall/AP
Guy Birchall
|Updated:
0:00

German Chancellor Friedrich Merz has called for the European Union to unlock up to 140 billion euros ($164 billion) in frozen Russian assets to aid Ukraine’s ongoing war against the country.

Merz set out his proposal in an article printed in the Financial Times, and also outlined his plans in a series of posts on X.
Guy Birchall
Guy Birchall
Author
Guy Birchall is a UK-based journalist covering a wide range of national stories with a particular interest in freedom of expression and social issues.