The EU transferred 8 billion euros to Ukraine from the proceeds of frozen Russian assets
Quick Look
- Since 2024, the European Union has transferred eight billion euros to Ukraine from the proceeds received from the reinvestment of frozen Russian assets in Euroclear.
- More than 3.5 billion euros of this amount were allocated for the purchase of weapons, said Vladislav Maslennikov, director of the Department of European Problems of the Russian Foreign Ministry, in an interview with RIA Novosti.
AI-generated summary
Why It Matters
Since 2024, the European Union has been withdrawing profits from the reinvestment of Bank of Russia reserves that were frozen in the Belgian Euroclear depository as part of sanctions against Russia.
Since 2024, the European Union has transferred eight billion euros to Ukraine from the proceeds from frozen Russian assets.
More than 3.5 billion euros of the transferred funds are intended for weapons purchases.
MOSCOW, September 24 - RIA Novosti. Since 2024, the European Union has transferred eight billion euros to Ukraine from the proceeds from frozen Russian assets, Vladislav Maslennikov, director of the Department of European Problems of the Russian Foreign Ministry, said in an interview with RIA Novosti.
The diplomat recalled that starting from 2024, the European Union will withdraw profits from the reinvestment of Bank of Russia reserves illegally frozen in the Belgian Euroclear depository.
“During this time, the total volume of income transferred to Ukraine reached eight billion euros, of which more than 3.5 billion euros were directly for the purchase of weapons,” Maslennikov said.
What to Watch
AI outlook — possibilities, not facts
The EU will continue to transfer proceeds from frozen Russian assets to Ukraine in 2025
Likely · Within months
Open Questions
- How long does the EU plan to continue transferring proceeds from frozen assets?
- What specific types of weapons are purchased with these funds?
- Are there legal challenges to such actions from Russia or other countries?
