EU loan to Ukraine disappoints German Chancellor Merz

rbc.ru (Russian)

The EU decided to provide Ukraine with a loan instead of using frozen Russian assets, disappointing German Chancellor Friedrich Merz. Merz advocated for using Russian funds for the loan, warning of long-term damage to the EU if assets were not utilized. The EU agreed to a €90 billion interest-free loan for Ukraine from its budget for 2026-2027. Several EU nations, including Belgium, opposed confiscating Russian assets due to fears of retaliation, while Russia has warned of severe consequences for such actions.


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