EU To Use $1.62 Billion In Interest From Frozen Russian Assets To Support Ukraine

EU To Use $1.62 Billion In Interest From Frozen Russian Assets To Support Ukraine Authored by Victoria Friedman via The Epoch Times, The European Union will use $1.62 billion accumulated from interest on frozen Russian assets to support Ukraine, the union's executive branch has said. European Commission President Ursula von der Leyen speaks during a news conference as part of the European Council meeting to discuss Ukraine, European defense, recent developments in the Middle East, competitiveness, housing, and migration, in Brussels, Belgium, on Oct. 23, 2025. Nicolas Tucat/AFP via Getty Images The European Commission said in an Aug. 4 statement that the funds, transferred to the bloc on Monday, came from the immobilized...

Read the full article at the source.