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Merz on transferring frozen Russian assets to US control: They must remain in Europe
Russian assets have beenfrozen in Europe and must remain under its control.
German Chancellor Friedrich Merz stated this before the start of the European Council meeting in Brussels on October 15, according to Censor.NET.
This is a matter for Europe
The German chancellor was asked to comment on the idea of transferring Russian assets frozen in the EU to the control of the U.S..
"These are assets that are frozen in Europe, and they must remain frozen in Europe. This is our business, and we alone will make the decision on this," Merz emphasized.
What led up to it
Earlier, the administration of U.S. President Donald Trump proposed that European countries unfreeze a portion of Russian sovereign assets and transfer them to a financial entity under Washington's control.
