Costly Burden: Chancellor Merz Faces Tough Talks as Germany Expected to Pay Lion's Share of Ukraine's €52 Billion Financial Backstop

German Chancellor Friedrich Merz is reportedly expressing significant concern that Germany will be compelled to bear the largest financial burden for continued support to Ukraine. Ahead of a scheduled meeting with Ukrainian President Zelensky in London, the Financial Times suggests that Merz anticipates a "difficult conversation," as Germany will likely have to cover the majority of expenses , owing to budgetary constraints currently affecting both France and Great Britain. Adding to this pressure, Politico reports that the European Commission expects Germany, France, and Italy to guarantee the key repayments for any EU loan backed by frozen Russian assets, with Germany's potential share alone amounting to €52 billion.

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