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Merz urges fair risk sharing among EU countries

Belgium to receive legally binding guarantee on use of frozen Russian assets for Ukraine, German Chancellor says

Dec 4, 2025 11:56 97

Merz urges fair risk sharing among EU countries  - 1

German Chancellor Friedrich Merz has expressed his support for providing Belgium with a guarantee that the risks of the planned use of frozen Russian state assets to help Ukraine will be fairly borne by all European Union member states, reports "Reuters", reports News.bg.

Merz stressed that each country must "bear an equal share of the risk, depending on its respective economic performance".

Yesterday, the European Commission proposed the unprecedented use of frozen Russian assets or international loans to raise 90 billion euros to help Ukraine cover the costs of its army and basic services in the context of the war with Russia.

Belgium, which holds the majority of the assets, expressed a number of legal concerns and did not want to rely solely on political promises. Merz said the country deserved a legally binding guarantee, adding: “It would be unacceptable for a country to bear an excessive burden in this regard“.