The European Union will allocate €1.4 billion to Ukraine from revenues generated by frozen Russian assets. — Ukrinform.
The European Union will allocate €1.4 billion to Ukraine from revenues generated by frozen Russian assets.
Prime Minister Sergii Koretskyi made the announcement on Telegram, Ukrinform reported.
The funds will be used to strengthen Ukraine’s defense and resilience.
“The answer to Russian terror must be the strengthening of Ukraine. For every new crime, Russia must pay,” Koretskyi said.
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The funds will be directed "to sustain the Ukrainian State, preserve essential public services" and support the Ukrainian military
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The funds are from assets immobilized under EU sanctions, which were imposed in response to Russia's invasion of Ukraine.
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