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Germany’s Proposal to Use $106B From Frozen Russian Assets for Ukraine Fails – Report

© AP Photo / Markus SchreiberGermany's Chancellor Friedrich Merz attends a news conference at the chancellery in Berlin, Germany, Wednesday, May 28, 2025.
Germany's Chancellor Friedrich Merz attends a news conference at the chancellery in Berlin, Germany, Wednesday, May 28, 2025. - Sputnik International, 1920, 15.02.2026
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Russian Foreign Ministry spokeswoman Maria Zakharova earlier stressed that "any unilateral actions regarding the country’s sovereign assets, such as indefinite freezing or attempting to present their de facto confiscation as a 'reparations loan,’" grossly violate international law."
French President Emmanuel Macron rejected Germany’s proposal to use $106 billion from frozen Russian assets to purchase US weapons for Ukraine at a meeting on the sidelines of the Munich Security Conference, German media reports.
He insisted that frozen Russian assets should primarily be used for deliveries of weapons systems manufactured in Europe, according to the report.
Russian roubles and the bill of the American dollar. - Sputnik International, 1920, 28.01.2026
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G7 Hands Ukraine $40Bln Generated From Frozen Russian Assets
The European Commission earlier sought EU members’ consent to use frozen Russian sovereign assets for Ukraine aid as they discussed a sum of between $219 billion and $249 billion in the form of a loan.
The Russian Foreign Ministry stressed that the EU's idea of Russia paying reparations to Ukraine is unrealistic, and that Brussels has long been engaged in the theft of Russian assets.
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