‘"Russia Won’t See That Money Again’': Merz Draws Red Line on Frozen Assets | APT

German Chancellor Friedrich Merz warned that Europe must be prepared to finance Ukraine over the long term as discussions between the US and Russia unfold. After the European Council meeting, he confirmed a €90 billion EU loan to Kiev and emphasized that Russia’s frozen assets would not be returned unless compensation is paid to Ukraine. Merz highlighted Europe’s commitment to maintaining pressure on Moscow while advancing global trade agreements, signalling a firm stance amid the ongoing conflict. He also hinted at potential diplomacy but stressed that sustained support for Ukraine is essential in a worst‑case scenario.