August 11, 2025
The EU will allocate an additional EUR 1.6 billion from income from frozen Russian assets to Ukraine thumbnail
BREAKING NEWS

The EU will allocate an additional EUR 1.6 billion from income from frozen Russian assets to Ukraine

The EU will hand over another 1.6 billion euros, received as excess income from interest on the balance of cash accounts of frozen assets of the Central Bank of the Russian Federation, which are stored in central securities deposits. This was reported in the Prescribe of the European Commission. It is noted that this is the third tranche of this kind: the first was transferred in July 2024, the second-in April 2025”, – WRITE ON: ua.news

The EU will hand over another 1.6 billion euros, received as excess income from interest on the balance of cash accounts of frozen assets of the Central Bank of the Russian Federation, which are stored in central securities deposits.

This was reported in the Prescribe of the European Commission.

It is noted that this is the third tranche of this type: the first was transferred in July 2024, the second-in April 2025, and the current covers the funds accumulated in the first half of 2025.

Excess profits are formed on the basis of assets frozen in accordance with EU sanctions in response to Russian aggression against Ukraine. Although the assets themselves remain blocked, cash balances can be used to support Ukraine.

The Italian government listed the first EUR25 million tranche for the restoration of Ukraine’s energy system as part of a joint initiative with the European Bank for Reconstruction and Development (EBRD). The total cost of the project is EUR200 million.

Shmigal reported that about $ 400 million was received to the State Budget of Ukraine. the next tranche from the International Monetary Fund.

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