Tuesday, September 17, 2024

EU Allocates €1.4 Bln From Frozen Russian Assets for Ukraine’s Air Defenses and Ammunition

The EU's top diplomat Josep Borrell stated that the EU had already transferred the first €1.4 billion in revenues from Russia's frozen assets to pay for military supplies to Ukraine at the end of August. 

Kremlin spokesman Dmitry Peskov called these actions theft and emphasized that they will have legal consequences.

The first revenues generated from Russia's frozen sovereign assets in the EU have been allocated for the payment of air defense systems and ammunition supplies to Ukraine, European Commission Vice President Valdis Dombrovskis has said at a European Parliament session.

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