The European Commission (EC) on Monday informed that Last Friday (8 August), the EU received EUR 1.6 billion through the so -called unexpected profits made of income from cash balances from the frozen assets of the Russian central bank, that it wants to make available to support Ukraine. This is informed by TASR.
- The EU has obtained 1.6 billion from frozen assets.
- Funds will help to support Ukraine.
- The profits obtained come from frozen Russian sources.
- The EU emphasizes the support of Ukraine in its needs.
The Commission specified that At the end of last week, the EU reached EUR 1.6 billion through unexpected profits generated from revenues from frozen Russian assets. The profits were created by the assets of the Russian central bank, which is holding the centrally deposits of securities.
According to the EC report, it is in order The third transfer in favor of the EU after the first tranža released in July 2024 and the second of April this year. The latest unexpected profits cover income from revenue from frozen assets accumulated during the first half of the year 2025. These are assets frozen within previous EU sanctions packages imposed in response to the Russian aggressive war against Ukraine.
The Commission recalled that While the Assets themselves remain blocked, interest on cash balances can be used to support Ukraine And she added that 90 % of the first two trancies were used to support Ukraine through the European Peace Tool (EPF) and 10 % through the Ukraine tool.
As for the current, third tranche, 95 % of the yields are used to support Ukraine through the cooperation mechanism In the area of loans for Ukraine (ULCM) and 5 % via EPF.
ULCM mechanism provides non -repayable financial support to help Ukraine When repaying a macro -featured loan from the EU, as well as for repaying loans from bilateral creditors. Total credit support under this mechanism is EUR 45 billion. The EPF program helps Ukraine to address its urgent military and defense needs.
The Commission in the media report stressed that This measure also confirms the permanent EU commitment to stand by the side of Ukraine as long as necessary.
