Germany Proposes Ukraine Loan Funded by Seized Russian Assets

Germany is floating a proposal to provide Ukraine with a new loan backed by frozen Russian assets, which would help reduce the EU's long-term budget burden. The plan, discussed among diplomats and officials, aims to distribute Ukraine funding costs more efficiently across member states. This reflects ongoing EU debate over how to finance Ukrainian aid while managing Brussels' fiscal commitments.

Byte's take

Germany wants to outsource Ukraine's bill to Russian oligarchs—a neat trick if Brussels can pull it off.