×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Sunday
22
Mar 2026
weather symbol
Athens 10°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Bloomberg: Germany changes stance on the use of frozen Russian assets for the benefit of Ukraine

The possibility that the US will reduce its military support to Ukraine under President Trump forces Berlin to take a fresh look at the use of these funds

Newsroom September 17 07:02

The German government has reportedly changed its stance on the use of frozen Russian assets for the benefit of Ukraine, according to Bloomberg.

Right now, European governments and their allies in the G7 are looking for ways to further utilize the frozen assets to generate additional revenue to support Ukraine’s defense in the midst of the war with Russia.

The vast majority of these approximately $300 billion in frozen assets of Moscow are located in Europe.

Earlier this month, European Commission President Ursula von der Leyen said in a speech that the European Union must find new ways to make Russia pay for its war.

According to sources, Germany, which has traditionally been wary of protecting Europe’s financial center and respecting the immunity of states, has become a strong advocate of extracting maximum profits from these funds.

The change in Berlin’s stance comes amid concerns that if US support for Ukraine declines under Donald Trump‘s presidency, then that support will fall on the backs of Europe’s largest economy, which could further boost the rise of far-right forces in Germany.

It should be noted that such a step would not lead to the complete confiscation of Russian assets, something the US and some Eastern European countries continue to support.

The EU, G7 countries, and Australia froze Russia’s central bank assets after Moscow invaded Ukraine, and last year, the allies agreed to direct the profits from the income from those assets to aid Ukraine.

The issue is expected to be raised by some EU finance ministers at a meeting in Copenhagen this week and among EU leaders in October.

>Related articles

Pierrakakis attends G7 meeting of Finance Ministers and Central Bank Governors

Reuters: G7 and EU consider full ban on shipping services for Russian oil exports

G7: Agreement will be reached to exempt US companies from international taxes, says US Treasury Secretary

 

 

 

Ask me anything

Explore related questions

#frozen Russian assets#G7
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Mystery surrounding Mojtaba Khamenei: CIA and Mossad search for traces – Uncertainty over Iran’s leadership

March 21, 2026

Total destruction: protothema inside the Tel Aviv kindergarten hit by an Iranian cluster bomb, watch video

March 21, 2026

Dimas: The government is implementing one of the largest project programs; resources of €2.36 billion are planned for 2026

March 21, 2026

Tsagkarakis before the prosecutor right now; only 7 out of the 300 works in his possession are authentic – amphorae and Byzantine icons under scrutiny

March 21, 2026

US prepares ground intervention in Iran, CBS says – Iran launched ballistic missiles at Diego Garcia base (Update)

March 21, 2026

Weather: Wintery conditions continue over the weekend, forecast for March 25

March 21, 2026

They had reported Tsagkarakis for fake artworks, over €200,000 in cash found in his gallery

March 21, 2026

The U.S. lifts certain sanctions on Iranian oil for 30 days

March 21, 2026
All News

> Politics

Dimas: The government is implementing one of the largest project programs; resources of €2.36 billion are planned for 2026

“Projects cover a wide range of interventions,” noted the Minister of Infrastructure and Transport

March 21, 2026

Tzitzikostas: All actions to close the Strait of Hormuz must stop

March 20, 2026

Kyriakos Mitsotakis: With the new collective agreement we are actively supporting the food service sector, up to 25% increase in the minimum wage – video

March 20, 2026

New Left on a path of dissolution: Haritsis heading for resignation

March 20, 2026

Adoption by same-sex couples is constitutional, rules the Council of State: “Church traditions are not affected”

March 20, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα