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Ukraine will receive EUR 2.1 billion from Russian frozen assets


On Wednesday in Brussels, another meeting of the Council of the EU -Ukraine Association took place. On this day, there was also a payment of another tranche of EU loans, in the amount of EUR 1 billion, for macropinan help for Ukraine.

“At the same time, Ukraine will soon receive the rest of the first tranche of profits, i.e. EUR 1.4 billion, obtained from Russian frozen assets. Our goal is that the second tranche, EUR 2.1 billion, would be paid gradually from the end of this month” Kallas said at the conference.

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She added that five new contracts with Ukraine were also signed in the margins of the meeting. “They cover various issues, from the reconstruction of Ukraine's energy infrastructure to participation in our Copernicus satellite program. Since the last meeting of the Council of the EU Association, we have also made great progress in the process of controlling the compliance of Ukrainian legislation with European law, and this is the first stage of accession negotiations” – she emphasized.

Ashley Davis

I’m Ashley Davis as an editor, I’m committed to upholding the highest standards of integrity and accuracy in every piece we publish. My work is driven by curiosity, a passion for truth, and a belief that journalism plays a crucial role in shaping public discourse. I strive to tell stories that not only inform but also inspire action and conversation.

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