{
  "id": 6744681,
  "title": "Germany floats new Ukraine loan backed by frozen Russian assets",
  "url": "https://urgent.news/2026/09/11/germany-floats-new-ukraine-loan-backed-by-frozen-russian-assets",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-11T10:13:51.000Z",
  "source": {
    "name": "Politico EU",
    "slug": "politico-eu",
    "url": "https://www.politico.eu/article/germany-ukraine-loan-frozen-russia-assets/"
  },
  "original_language": "en",
  "account": "Germany and several other countries are proposing a new loan for Ukraine, backed by frozen Russian assets, as a replacement for a portion of the €100 billion earmarked for the nation in the EU's upcoming long-term budget, according to four anonymous EU diplomats and officials. The plan, which has been floated before, involves the use of €210 billion in frozen Russian assets to finance the loan. However, Belgium, which holds the majority of these frozen funds, has previously rejected a similar proposal due to concerns over potential legal challenges from Russia. One diplomat explained that the new approach is seen as a better alternative to reducing spending in other areas. They stated that the proposal forces countries like Belgium to decide whether they want to fund Ukraine's support through the budget, potentially leaving less money for farmers and regions, or if they prefer to release billions by utilizing the Russian assets instead.",
  "summary": "The idea would help to reduce the size of the EU's next long-term budget, per diplomats and officials.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}