Chancellor Merz and numerous other leading EU politicians hope that the plan can be approved at the last regular EU summit of the year. In the event that the frozen Russian money had to be unexpectedly released again, for example as a result of international judgments or deals, it envisages that the EU states provide guarantees that would enable the affected financial institutions to immediately repay the funds to Russia. The Commission argues that this will be much easier to sell to EU citizens than taking on new European common debt for Ukraine.
In the afternoon, German government circles said that there was movement and that things were going in the right direction. But you haven’t reached your goal yet.
