On Thursday, German Chancellor Friedrich Merz called for the large-scale mobilization of frozen Russian Central Bank assets to underwrite Ukraine to the tune of about 140 billion euros ($164 billion), with the money to be used solely to equip Kyiv with new weapons to ensure that it can survive on the battlefield.
Europe has finally found the will and a way to tap frozen Russian assets to support Ukraine—sort of.
Europe has finally found the will and a way to tap frozen Russian assets to support Ukraine—sort of.
On Thursday, German Chancellor Friedrich Merz called for the large-scale mobilization of frozen Russian Central Bank assets to underwrite Ukraine to the tune of about 140 billion euros ($164 billion), with the money to be used solely to equip Kyiv with new weapons to ensure that it can survive on the battlefield.
It marks a major shift from the previous German government, which—alongside Belgium and France—was deeply skeptical of touching Russian as
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