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AFP: Germany opposes pooling EU debt to rebuild Ukraine.

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German Finance Minister Christian Lindner rejected any joint EU borrowing to help cover the cost of rebuilding Ukraine after the European Commission proposed this idea on May 19. The commission came up with a vision to set up a RebuildUkraine facility of loans and grants of unspecified size, based on the EU’s recovery fund for which the bloc jointly borrowed on the market.

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The agreement comes hours after a meeting between European Commission President Ursula von der Leyen and President Volodymyr Zelensky, in which the former reminded that Ukraine unlock 37 billion euros ($42 billion) by carrying out previously-agreed reforms.

Lavrov has arrived in New York to take part in the U.N. General Assembly, Russian state media reported. Rubio and Lavrov have met several times over the past year as the Trump administration has sought to broker an end to Russia’s full-scale war against Ukraine.

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