Bundesbank has only small Russian assets, says its president. EU Commission President Ursula von der Leyen has argued that the EU should use profits from frozen Russian assets to buy weapons for Ukraine.

At the end of January, the EU countries had already agreed to set aside interest profits from the frozen Russian funds. The exact intended use, however, still needs to be clarified. Among other things, there was discussion about using the money to rebuild the infrastructure in Ukraine that was badly damaged by Russia.