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Politics : Dutch Central Bank Sale Announcement Imminent?
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From: philv9/26/2025 11:08:04 AM
   of 81331
 
In U-Turn, Germany Now Backs EU's 'Creative' Plan To Use Frozen Russian Funds For Ukraine


"systematically & massively raise the costs of Russia’s aggression."



FRI SEP 26, AT 1:15 AM

>>Macron is still opposed, but below German statement.

excerpt:

Merz wrote that "This must not hold us back" in reference to the lingering legal hurdles, urging the EU to consider "circumventing these problems."

"I am advocating the mobilization of financial resources on a scale that will secure Ukraine’s military resilience for several years," he spelled out. He outlined the following plan:

The German chancellor is now seeking to use $160 billion in a loan for Kyiv. The sum would be made available to Ukraine as an interest-free loan that would be "repaid once Russia has compensated Ukraine for the damage" the war has caused.

...Under Merz’ proposal, Ukraine would only be allowed to use the funds for the procurement of weapons, and not for budgetary purposes.

The payments to Kyiv would be made in instalments and EU states, in conjunction with Ukraine, would then determine "which material is procured." Merz added that he felt this mechanism would also help to "strengthen and expand" Europe’s own defense industry.

In essence it would involve taking billions of euros of Russian state cash held in Belgium, transferring it to Ukraine, and then replacing the drawdown with EU-backed bonds.
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