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€1.4 billion from the assets of the RF will go to help Ukraine

Jun 24, 2024

The European Union will hand over 1.4 billion euros to Ukraine from the frozen assets of Russia. They will go to artillery, shells, and air defense systems.


It reports RBC-Ukraine with reference to Twitter (X) of the Minister of Foreign Affairs of the Netherlands, Ganke Brugins Slot.

"A good and important step: EU member states have agreed to use interest income from immovable Russian assets for additional military support of Ukraine through the European Peace Fund," the slot wrote.

She added that the first payment will be about EUR 1.4 billion.

"This amount will be distributed through the European Peace Fund and will be used, among other things, to finance military assets such as ammunition, artillery systems, and air defense systems for Ukraine," the Netherlands Foreign Minister said.

Author - Serhii Kolomiets, 25/06/2024

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