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Germany open to ideas on frozen Russian assets, finance minister says

Published by Global Banking & Finance Review

Posted on September 19, 2025

2 min read

· Last updated: January 21, 2026

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Germany open to ideas on frozen Russian assets, finance minister says
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BERLIN (Reuters) - Germany wants to work productively on ideas regarding the use of Russian assets frozen in the European Union, Finance Minister Lars Klingbeil said in Copenhagen on Friday,

Germany Explores Options for Utilizing Frozen Russian Assets

Germany's Stance on Frozen Assets

BERLIN (Reuters) - Germany wants to work productively on ideas regarding the use of Russian assets frozen in the European Union, Finance Minister Lars Klingbeil said in Copenhagen on Friday, indicating an openness in Berlin towards the legally fraught issue.

Legal Concerns and EU Discussions

"Everything must be carefully examined," Klingbeil said ahead of talks with his EU counterparts.

Commitment to Ukraine Support

"Germany will take on a role in which we want to make things possible and not one in which we block things," he added.

Wary of seizing the assets, a red line for some in the EU, the bloc is discussing ways to use them more intensively to fund support for Ukraine amid uncertainty over the United States' commitment to Kyiv under President Donald Trump.

So far, the EU has only taken interest generated from the assets, which were frozen after Moscow's invasion of Ukraine in February 2022.

Germany has in the past repeatedly expressed legal concerns over any proposals to seize them completely.

Klingbeil said his coalition government was committed to pursuing more intensive use of the frozen assets, despite the legal difficulties.

"There is a financial need there. We want to fulfill our responsibility for Ukraine," he told reporters.

(Reporting by Christian Kraemer, Writing by Friederike Heine, Editing by Miranda Murray)

Key Takeaways

  • Germany is open to ideas on using frozen Russian assets.
  • Legal concerns are a major consideration in the EU discussions.
  • Germany aims to support Ukraine financially.
  • The EU has only used interest from the frozen assets so far.
  • Germany's coalition government is committed to exploring options.

Frequently Asked Questions

What is Germany's stance on frozen Russian assets?
Germany is open to discussing the use of frozen Russian assets to support Ukraine, according to Finance Minister Lars Klingbeil.
What concerns does Germany have regarding asset seizure?
Germany has expressed legal concerns over proposals to completely seize the frozen Russian assets, which some in the EU view as a red line.
How does Germany plan to use the frozen assets?
Germany aims to explore more intensive use of the frozen assets to fulfill its financial responsibility towards Ukraine amid ongoing discussions in the EU.
What has the EU done with the frozen assets so far?
So far, the EU has only utilized the interest generated from the frozen assets, which were put in place after Russia's invasion of Ukraine.
What role does Germany want to play in EU discussions?
Germany wants to take on a proactive role in EU discussions regarding frozen assets, aiming to facilitate solutions rather than block them.

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