Berlin open to EU plan on freeing up Russian cash for Ukraine


  • World
  • Thursday, 25 Sep 2025

FILE PHOTO: German Chancellor Friedrich Merz and Vice Chancellor and Finance Minister Lars Klingbeil arrive for the annual budget debate at the Bundestag, in Berlin, Germany, September 24, 2025. REUTERS/Liesa Johannssen/File Photo

BERLIN (Reuters) -The German government is open to a European Union plan to free up frozen Russian assets for Ukraine, a government source told Reuters on Monday.

The EU plan is to send up to 200 billion euros ($235 billion) of Russian cash held in a Belgian depository to Ukraine and to replace it with EU-backed bonds, according to a report by Politico.

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