EU Sends Ukraine $1B From Interest of Frozen Russian Assets

EU to provide with EUR 1 bln in grants to Ukraine for defense industry under Danish Model – EU Ambassador

European Union Ambassador to Ukraine Katarína Mathernová detailed how EUR 2.1 billion generated from frozen Russian central bank assets will be allocated to Ukraine in the near future.

EU Sends Ukraine $1B From Interest of Frozen Russian Assets

EU transferring new $1-billion tranche for Ukraine covered by frozen Russian assets

The EU is allocating another financial assistance tranche of 1 billion euros ($1.1 billion) as part of the G7 loan program for Ukraine, Prime Minister Denys Shmyhal announced on April 9."We are grateful to our partners for supporting the economy and the rapid recovery of our country," Shmyhal said after meeting EU Economy Commissioner Valdis Dombrovskis in Brussels.Western nations froze around $300 billion in Russian assets after Moscow launched…

EU Unveils Investment Guarantees for Ukraine’s Recovery

In a bold move to bolster Ukraine’s recovery, the European Union has laid out guarantees under the Ukraine Investment Framework (UIF), aiming to catalyze additional investments and amplify the private sector’s role. This revelation came from Andrii Teliupa, Ukrainian Economy Deputy Minister, during the EU-Ukraine Business Summit in Brussels. The summit, a precursor to the Ukraine Recovery… Source

Almost half of the announced tranche from the EU in the amount of 2.1 billion euros - from the proceeds from frozen assets of the Russian Federation - will be used for orders in the Ukrainian CCP according to the “Danish model”.