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Live Updates  >  Live Update Details

2025-12-12 19:27:41

[Europe's Battle Over Russian Assets Enters Showdown Moment; Germany "Has No Choice" to Bear Huge Risks] ⑴ According to European diplomatic sources, the agreement on using frozen Russian state assets has not yet been finalized, and a final decision will be made at the upcoming EU summit. ⑵ The sources clearly stated that Germany currently has "no other alternative" to providing financial support to Ukraine except for pushing for a loan scheme secured by future Russian reparations. ⑶ In this scheme, Germany prefers to use Russian state assets frozen in other European countries as a source of funds and is prepared to provide huge guarantees, amounting to up to €50 billion. ⑷ The total debt involved in the entire loan scheme is expected to reach €210 billion, with Germany's guarantee forming a key cornerstone. ⑸ The sources warned that if this asset restructuring plan fails at the EU summit, it will send a "disastrous signal" to Ukraine's continued resistance and the credibility of Europe as a whole.

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