Finland to Use Proceeds From Frozen Russian Assets to Supply Ammunition to Ukraine

ADAPTIVE INDOMITABLE UKRAINE Gets More Ammo As Finland Ignores Putin's Troops on their Border. Pfft!

The question as to what to do with Russia’s gigantic frozen assets locked up in European countries(and elsewhere) has been a recurrent one with disparate but generally indecisive actions taken by various countries in regards thereto. The policy-making...

Finland using seized Russian assets to arm Ukraine defence forces

Finland has sent a warning shot to Russian oligarchs as it ramps up its support of Ukraine in the now three-year-long war.

Finland to use proceeds from frozen Russian assets to supply ammunition to Ukraine

Finland will supply 90 million euros of ammunition.

After Helsinki has approved the use of Russian frozen funds for the purchase of equipment for Ukraine, Kremlin considers "a violation of international law" to be required to respond.

Finland sends Ukraine €90 million in ammo funded by frozen Russian assets

Finland will deliver €90 million worth of heavy ammunition to Ukraine using funds derived from frozen Russian state assets, the government announced on Monday. The ammunition package will be sourced from Finnish suppliers and paid for with profits generated by assets frozen under EU sanctions following Russia’s invasion of Ukraine in 2022. According to the Ministry of Defence, the delivery is part of a wider European Union plan to use accrued in…

Finland will send 90 million euros (2.2 billion crowns) worth of ammunition to Ukraine, which it purchased with the proceeds from frozen Russian financial assets, the Finnish Defense Ministry announced on Monday. The European Union froze Russian assets after the start of Russia's invasion of Ukraine in February 2022.