The German government is willing to consider a European Union initiative to release frozen Russian assets for Ukraine, a government source told Reuters on Thursday.
According to Politico, the proposal would see up to €200 billion ($235 billion) of Russian funds, currently held in a Belgian depository, redirected to Ukraine and replaced with EU-backed bonds.
The plan, aimed at securing financial support for Kyiv amidst doubts over U.S. commitment under President Donald Trump, is expected to dominate discussions at an informal EU summit in Copenhagen next week.
So far, the EU has only channelled the interest accrued from the frozen Russian assets, which were blocked following Moscow’s invasion of Ukraine in February 2022.
Germany, the bloc’s largest economy and Ukraine’s second-biggest military supporter, has previously raised legal objections to any attempt to seize the funds outright. However, Finance Minister Lars Klingbeil signalled last week that Berlin was reconsidering its position on the contentious issue.
“The German government is open to discussions on the European Commission’s latest proposals,” the government source said, without confirming the details.
While the United States has long been Ukraine’s primary backer and arms supplier, Trump has insisted Europe should shoulder a far greater share of its own defence responsibilities.
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Bulgarians headed to the polls on Sunday (19 April) in their eighth election in five years, with early signs pointing to a potentially higher turnout as frontrunner Rumen Radev promised to restore stability and tackle corruption after years of political deadlock.
Secretly filmed footage from two UK laboratories has reignited debate over animal testing in drug development, after a former worker alleged that monkeys, dogs and other animals endured prolonged distress during safety trials for new medicines.
Cleanup efforts are underway in Lena, Illinois, after a suspected tornado tore through the village on Friday (17 April), damaging homes, schools and infrastructure, leaving thousands without power. Residents and emergency crews spent Saturday clearing debris, and working around downed power lines.
Iran’s top negotiator has said recent talks with the United States have shown progress, but that major differences remain over nuclear issues and the Strait of Hormuz, as diplomatic efforts continue alongside escalating regional instability.
Dozens of Chinese-made humanoid robots have demonstrated improvements in speed, balance and autonomous navigation after completing a half-marathon in Beijing on Sunday (19 April), in a showcase of the country’s fast-developing robotics sector.
The U.S. Navy has forcibly intercepted and boarded the Iranian cargo ship TOUSKA in the Gulf of Oman after it attempted to breach the ongoing naval blockade. President Trump confirmed that the vessel was neutralised and seized by Marines following a direct strike on its engine room.
Two Indian-flagged ships were shot at in the Strait of Hormuz on Saturday, India's Foreign Ministry said, as Iran closed the Strait of Hormuz again, less than 24 hours after reopening the 167km long sea passage, which is essential for global trade.
Six people have been killed after a man opened fire in a supermarket in the Ukrainian capital, Kyiv, on Saturday (18 April). Ukraine's Security Service said it was investigating the incident as a "terrorist act."
Global leaders and diplomats gathered in southern Türkiye on 17 April for the fifth Antalya Diplomacy Forum, focusing on uncertainty, conflict, and the future of global cooperation.
Secretly filmed footage from two UK laboratories has reignited debate over animal testing in drug development, after a former worker alleged that monkeys, dogs and other animals endured prolonged distress during safety trials for new medicines.
Cleanup efforts are underway in Lena, Illinois, after a suspected tornado tore through the village on Friday (17 April), damaging homes, schools and infrastructure, leaving thousands without power. Residents and emergency crews spent Saturday clearing debris, and working around downed power lines.
North Korea fired ballistic missiles towards the sea off its eastern coast on Sunday (19 April), accelerating its weapons tests amid heightened regional tensions linked to the Iran war and renewed diplomatic signals toward the United States and South Korea.
Construction of U.S. President Donald Trump’s White House ballroom project will be allowed to continue after an appeals court granted an administrative stay, temporarily blocking a lower court order that had halted parts of the work.
European countries should expand the role of natural gas in their energy systems to reduce the risk of supply shocks caused by international crises, an energy industry chief has said.
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