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Such extensive assistance will require budgetary guarantees from member states. Those [[bilateral]] guarantees should, as soon as the next Multiannual Financial Framework is in place in 2028, be replaced by collateralisation under the EU's long-term budget."}}
 
Such extensive assistance will require budgetary guarantees from member states. Those [[bilateral]] guarantees should, as soon as the next Multiannual Financial Framework is in place in 2028, be replaced by collateralisation under the EU's long-term budget."}}
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What sounds like [[AI]] slop is not Merz' own idea but a plan that had been proffered earlier by the [[EU Commission]]. {{quotebox-float|Frustration has been building in EU capitals around the lack of details surrounding the so-called [[reparations]] [[loan]], which Commission President [[Ursula von der Leyen]] first pitched in her State of the European Union speech Sept. 10 [2025].
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What sounds like [[AI slop]] is not Merz' own idea but a plan that had been proffered earlier by the [[EU Commission]]. {{quotebox-float|Frustration has been building in EU capitals around the lack of details surrounding the so-called [[reparations]] [[loan]], which Commission President [[Ursula von der Leyen]] first pitched in her State of the European Union speech Sept. 10 [2025].
    
The bulk of the Russian assets are held by the Brussels-based financial firm Euroclear and are invested in [[Western alliance|Western government]] bonds that have matured into [[cash]]. The cash is sitting in a deposit account with the European Central Bank.
 
The bulk of the Russian assets are held by the Brussels-based financial firm Euroclear and are invested in [[Western alliance|Western government]] bonds that have matured into [[cash]]. The cash is sitting in a deposit account with the European Central Bank.
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