×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Tuesday
21
Apr 2026
weather symbol
Athens 23°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

Multinational consortium for the Strait of Hormuz: what is included in the Trump proposal presented by Rubio to the G7

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

 

 

 

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

The plan for a triple bypass on Kifisos via Skaramagas to tackle Athens traffic

April 21, 2026

Renoir painting sold at auction for the first time in 97 years

April 21, 2026

Schinas: Greek priorities in the framework of the CAP 2028-2034

April 21, 2026

Paving the way for the establishment of the South Aegean National Marine Park – Southern Cyclades

April 21, 2026

Spain, Slovenia and Ireland ask the EU to discuss the suspension of its association agreement with Israel

April 21, 2026

Resolving the crisis in the Strait of Hormuz is everyone’s responsibility, says Qatar: “In contact with all sides for talks in Islamabad”

April 21, 2026

New measures announced tomorrow by Mitsotakis with the “surplus” from the ELSTAT, and the scenarios on the table

April 21, 2026

Greece is among the world’s leaders in the digital transformation of education, according to the OECD

April 21, 2026
All News

> Greece

In reverence, the emotional deposition in Jerusalem, see photos & video

The Holy Temple of the Resurrection opened after many days due to the war between Israel and Iran

April 10, 2026

In the final stretch for the accreditation of joint master’s degrees: Aiming for their launch in the coming academic year

April 10, 2026

Schedule for Epitaph Procession today (10/4)

April 10, 2026

Perfect weather for Easter excursions, according to Tsatrafyllia’s forecast

April 10, 2026

Easter in Greece: The customs that continue in Greek tradition – From Nafpaktos to Corfu

April 10, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα