EU releases €1.4 Billion to Ukraine from frozen Russian asset profits after Kyiv attacks

🇺🇦 Euronews (UA) —

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The EU has released €1.4 billion from frozen Russian asset profits as part of financial and military assistance to Ukraine following Russian attacks on Kyiv. Most funds will repay G7 and EU loans, while €70 million will support Ukraine's military efforts.

European Commission President Ursula von der Leyen announced that €1.4 billion in profits from immobilised Russian assets will be allocated after Russia’s deadly strikes on Kyiv. Most of the funds will be used to repay G7 and EU loans while €70 million will be directed toward military assistance.

World Security Conflict Politics Markets EU Ukraine Russian assets military assistance Kyiv attacks financial aid G7

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