Ukraine to receive €1.6 billion from Russian assets frozen in the EU

Ukraine to receive €1.6 billion from Russian assets frozen in the EU
Ukraine's President Volodymyr Zelensky pictured with European Commission President Ursula von der Leyen. Credit: Belga/AFP

Ukraine is set to receive 1.6 billion euros from frozen Russian assets within European Union countries, the European Commission announced on Monday.

This marks the third transfer of interest income from the restricted assets of the Russian Central Bank, following payments made in July 2024 and April 2025.

Since Russia’s invasion of Ukraine in February 2022, a total of €210 billion in Russian assets have been frozen as part of EU sanctions against Moscow. Most of these frozen funds are managed by the financial institution Euroclear, based in Brussels.

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