Distributed in stages, this can secure Ukraine's military resistance for several years to come, says Federal Chancellor Friedrich Merz to the members of the German Federal Parliament, according to the news agency AFP.
The EU Commission wants to use the equivalent of 1,500 billion Swedish kronor in frozen Russian state assets for a Ukraine loan. A formal proposal is expected after next week's EU summit in Brussels.
Belgium, where most of the money is held, is however concerned about future claims for damages from Russia. Furthermore, it is warned that one can no longer use the interest as pure grants to Ukraine, if one utilizes the assets for loans.
You lose the golden egg if you eat the chicken, said Prime Minister Bart De Wever at a press conference at the beginning of October.
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