EU transfers $1.6B from frozen Russian assets

3 hours ago

The EU has said $1.6 billion had been made available to support Ukraine, the first chunk of money earned from profits on Russian frozen assets. "The EU stands with Ukraine. Today we transfer 1.5 billion euros in proceeds from immobilised Russian assets to the defence and reconstruction of Ukraine," EU chief Ursula von der Leyen said in a statement on Friday. "There