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Merz Lobbies Belgium to Back EU Jumbo Loan Plan for Ukraine

German Chancellor Friedrich Merz and European Commission President Ursula von der Leyen kept up the pressure on Belgium Friday to accede to a European Union plan to use Russian central bank assets frozen in Belgium to fund Ukraine.

Friedrich Merz, Germany's chancellor, during a news conference with Donald Tusk, Poland's prime minister, in Berlin, Germany, on Monday, Dec. 1, 2025. The Polish and German cabinets are holding intergovernmental consultations.
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