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Von der Leyen to announce EUR 35bn loan against Russian assets in Kyiv

Sep 21, 2024

The European Union plans to provide a €35 billion loan secured by future profits from the frozen assets of the Russian central bank to guarantee more predictable financial support for Ukraine.

This was reported by RBC-Ukraine with reference to the Financial Times.

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According to three sources, European Commission President Ursula von der Leyen will make the announcement during her visit to Kyiv.

The loan is part of a $50bn plan to help Ukraine that emerged from negotiations with the US and the Group of Seven countries.

Author - Olena Madiak, 20/09/2024

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