Ukraine to receive €1.4 bln in revenues from frozen Russian assets — PM

Ukrinform
Ukraine to receive €1.4 bln in revenues from frozen Russian assets — PM
The European Union will allocate €1.4 billion to Ukraine from revenues generated by frozen Russian assets.

Prime Minister Sergii Koretskyi made the announcement on Telegram, Ukrinform reported.

The funds will be used to strengthen Ukraine’s defense and resilience.

“The answer to Russian terror must be the strengthening of Ukraine. For every new crime, Russia must pay,” Koretskyi said.

Read also: Ukraine receives nearly €3.5B from EU for drones, missiles, air defense and fighter jets

He thanked European partners for their principled stance.

As reported, the European Commission earlier allocated €3.47 billion to Ukraine under the defense block of the €90 billion Ukraine Support Loan.

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