World · 5 August 2026
EU sends Ukraine €1.4 billion from frozen Russian assets.
The money arrived on 3 August and comes specifically from profits made on funds belonging to Moscow's central bank. Ursula von der Leyen, head of the European Commission, announced the financial package from Brussels on Wednesday. She stated that the payment will back the country's ongoing military defence, adding that Moscow has to cover the cost of its destructive invasion.
Reported by Reuters · How we write briefs