President Volodymyr Zelenskiy announced the development as part of a broader strategy to diversify supplies and stabilize the national energy system.

The agreement provides Ukraine with an additional supply route at a critical time. Energy experts say the move will help protect millions of households as temperatures drop and heating demands rise.

President Zelenskiy highlighted that the arrangement with Greece reflects growing European solidarity. He noted that both governments worked rapidly to build a dependable winter supply plan aimed at ensuring uninterrupted access to gas.

Ukraine has faced repeated strikes on power plants and gas production sites throughout the ongoing conflict.
These attacks have placed new pressure on energy planners, prompting the government to expand cooperation with multiple European partners.

Zelenskiy said Ukraine has already secured financing arrangements for its winter imports. Nearly 2 billion euros have been allocated to cover the required volumes and offset losses in domestic output.

Funding comes from a mix of European partners, banks operating under European Commission guarantees, and Ukrainian financial institutions. Additional support is expected through ongoing coordination with the United States.

Officials say the financing plan demonstrates strong international confidence in Ukraine’s energy resilience. It also ensures that the country can maintain consistent heating and electricity services during the coldest months.

The new gas route from Greece complements Ukraine’s existing supply cooperation with European neighbors, including Poland.
Ukraine is also deepening its partnerships with Azerbaijan as part of a long-term diversification strategy.

These efforts aim to build a multi-source energy foundation that prevents supply interruptions and stabilizes the national grid. Energy specialists believe this approach will position Ukraine for greater independence in the coming years.

Zelenskiy’s announcement came ahead of his planned diplomatic visits to Greece, France and Spain. The trips are expected to include discussions on energy security, reconstruction support, and expanded European cooperation.

Ukrainian officials say the government is determined to modernize the energy sector. Upgrades to infrastructure, increased storage capacity and new partnerships remain at the center of long-term planning.

Despite ongoing challenges, Ukraine has continued to strengthen its ability to operate under wartime pressure. The government, private sector and international allies have coordinated closely to maintain electricity and heating stability.

The new agreement with Greece highlights the importance of regional energy networks. By joining forces with European partners, Ukraine is building a more resilient and flexible supply system.

Analysts believe the move will also help stabilize gas prices and reduce emergency shortages. It may provide Ukraine with additional leverage as it negotiates future energy deals.

The gas import strategy has been widely welcomed by economists and industry groups. They say it highlights Ukraine’s proactive planning and its commitment to protecting citizens through difficult winter months.

As Ukraine continues to strengthen ties across Europe, officials remain optimistic about maintaining stable energy flows.
The government is confident that the combination of new contracts, financial guarantees and international support will help secure the country’s winter needs.

With the Greek supply route now in place, Ukraine enters the winter season with renewed confidence. The agreement underscores the country’s determination to safeguard its energy future while deepening its partnerships across Europe.

His proposal reflects both moral conviction and strategic foresight, positioning the EU as a proactive force for stability, solidarity, and justice in the face of ongoing conflict.

Speaking before the Bundestag, Germany’s lower house of parliament, Merz said he would urge EU leaders to approve a €140 billion ($163 billion) interest-free loan for Ukraine.

This unprecedented financial initiative would be backed by the Russian assets frozen in Western nations following Moscow’s 2022 invasion of Ukraine.

The move, according to Merz, would not only reinforce Ukraine’s resilience but also send a powerful message to Moscow that Europe’s support will remain unwavering.

“We do not want to do this in order to prolong the war, but to end it,” Merz stated, emphasizing that peace can only be achieved through strength, unity, and consistent support for Ukraine’s sovereignty.

“President Putin must realize that our support for Ukraine will not wane, but will grow, and that he cannot count on outlasting us.”

A Vision of Responsible European Leadership

Merz’s stance marks a defining moment for European leadership. By proposing the use of frozen Russian assets, the German Chancellor demonstrates that Europe is prepared to act collectively and responsibly, ensuring that those who breach international law contribute to repairing its consequences.

His plan represents a pragmatic yet principled approach — combining financial innovation with moral clarity.

The proposal has already attracted attention across the continent as a potential blueprint for how democratic nations can finance peace and reconstruction without burdening taxpayers.

By leveraging assets already immobilized by sanctions, the EU could unlock crucial funding to sustain Ukraine’s defense, rebuild infrastructure, and maintain essential services — all without expanding public debt.

Reinforcing European Unity and Values

Merz’s address to parliament also underscored broader priorities for the EU summit, including European defense, security, competitiveness, migration policy, and the Middle East situation.

His remarks highlighted Germany’s ongoing role as a stabilizing force within Europe and its commitment to shared values of freedom, democracy, and collective security.

By linking the use of frozen assets to a transparent and coordinated EU mechanism, Merz aims to demonstrate that Europe can act decisively when its fundamental principles are threatened.

The plan also reflects growing consensus among EU members that economic and legal tools must be used more effectively to deter aggression and support international law.

A Signal of Hope and Determination

Merz’s initiative carries a hopeful message for Ukraine and for Europe as a whole. It reinforces the idea that democratic nations are not powerless in the face of aggression — that they can respond not only with sanctions and aid but with bold, constructive financial strategies.

The €140 billion loan, if approved, could provide Ukraine with vital long-term stability and strengthen its capacity to rebuild and modernize even amid conflict.

Moreover, Merz’s message to the Bundestag was not merely about financial measures. It was a reaffirmation of Europe’s unity and moral purpose.

By choosing to focus on ending the war through sustained support, rather than fatigue or hesitation, the German Chancellor framed the EU as a community of enduring resolve — one that stands firm against coercion and violence.

As leaders prepare to meet at the upcoming EU summit, Merz’s proposal could become a turning point in European policy toward Russia and Ukraine. It offers a way to transform frozen assets into instruments of peace, stability, and justice.

The Chancellor’s forward-looking approach embodies a broader shift in European politics — from reactive crisis management to proactive global leadership. His vision aligns with growing calls for transparency, accountability, and strategic solidarity within the European Union.

By advocating for this landmark initiative, Friedrich Merz not only reaffirms Germany’s leadership role but also strengthens Europe’s moral and political unity.

His proposal represents more than a financial mechanism; it is a statement of hope — that through unity, resilience, and principled action, Europe can help end the war, rebuild Ukraine, and shape a safer, fairer world.