Bloomberg: Chancellor Merz supports transfer of proceeds from Russian assets to Ukraine

The use of frozen Russian assets to finance Ukraine is increasingly being discussed in Europe, after new pressure from US President Donald Trump and a change in Germany's position.

European governments and their G-7 allies are looking for ways to further use the frozen assets to generate additional revenue in support of Kiev, Bloomberg writes.

According to sources familiar with the matter, German authorities have changed their position on the transfer of proceeds from frozen Russian assets to Ukraine and have approved this action, the publication also writes.

“Germany has become a strong advocate of maximizing the return on assets“, it also says in the publication.

Two days ago, Kremlin spokesman Dmitry Peskov said that Russia would not leave without a trace the planned measures to use frozen Russian assets.