frozen funds

EU’s $213 billion investment plan using Russian assets aims to sustain Ukraine aid

The European Union is seeking to raise new funds from frozen Russian assets by transferring 200 billion euros ($213 billion) to a new, riskier investment fund that will offer higher interest, Politico reports, citing sources on June 19.

19 June 2025, 01:59 PM

UK to sue Abramovich in bid to unlock £2 billion for Ukraine aid

The UK government is preparing to sue Russian oligarch Roman Abramovich to unlock over £2 billion from the Chelsea Football Club sale for Ukraine aid, The Guardian reported on March 10, citing its sources.

10 March 2025, 04:38 PM

Russia drafts plan to seize ‘unfriendly’ nations’ assets

Russian authorities have drafted legislative changes that could allow the confiscation of frozen funds belonging to foreign companies and investors, Reuters reported on Feb. 7.

7 February 2025, 05:09 PM

Ukraine unfazed as U.S. scales back crackdown on Russian oligarchs

It is too early to make any alarming statements about the U.S. disbanding its task force on tracking Russian oligarchs’ assets and enforcing sanctions against them, Ukrainian Deputy Prime Minister for European and Euro-Atlantic Integration and Justice Minister Olha Stefanishyna said at the Ukraine’s EU Accession: Shaping the Transformation Agenda conference in Kyiv, Interfax-Ukraine reported.

7 February 2025, 03:57 PM

Ukraine to spend first €1.5 billion from frozen Russian assets on weapons

Ukraine will spend the first €1.5 billion of proceeds from Russia's frozen assets on arms purchases, Ukrainian Prime Minister Denys Shmyhal said after a government meeting on July 23.

23 July 2024, 04:55 PM

Japan to allocate over $3 billion in loans for Ukraine using frozen Russian assets

Japan agreed to provide Ukraine with a loan of $3.3 billion dollars as part of the support that G7 members allocate to Ukraine, utilizing proceeds from frozen Russian assets, Kyodo reported, citing diplomatic sources on July 17.

17 July 2024, 02:42 PM

EU approves €1.4 billion military aid to Ukraine from frozen Russian assets – Politico

European Union member states approved the first tranche of military aid for Ukraine amounting 1.4 billion euros, which will come from the proceeds of frozen Russian assets, Politico reports, citing four diplomats on June 24.

24 June 2024, 06:42 PM

First €1.5 billion from frozen Russian assets available to Ukraine in July – Von der Leyen

The first proceeds from frozen Russian assets to be transferred to Ukraine in July, large percentage will go to Ukraine's defense, 10% of this amount will be used for reconstruction and recovery, Ursula von der Leyen said during a speech at the International Confererance on Reconstruction of Ukraine 2024 on June 11.

11 June 2024, 04:30 PM

Macron and Biden seek G7 support for $50 billion Ukraine fund

French President Emmanuel Macron and U.S. President Joe Biden hope that all G7 countries will support a $50 billion fund for Ukraine from the proceeds of frozen Russian assets, Macron said during a joint press conference in Paris on June 8.

9 June 2024, 12:47 PM

Germany supports US proposal to use frozen Russian assets for Ukraine

The German government is ready to support a U.S. plan to use future proceeds from frozen Russian assets in Europe to provide $50 billion in aid to Ukraine, Bloomberg reported on May 21.

21 May 2024, 03:40 PM

Frozen Russian assets may help Ukraine wage war four more years - Reuters

Confiscation of Russian assets abroad worth about $320 billion will help finance Ukraine's defense until the end of 2028, Reuters reported on April 29.

29 April 2024, 01:29 PM

Frozen Russian assets generate $5-8 billion in annual revenue — PM Shmyhal

Revenues from frozen Russian assets in the West may amount to EUR 5-8 billion ($5.4-8.7 billion) in 2024, Ukrainian Prime Minister Denys Shmyhal said on April 9, according to Interfax-Ukraine news agency.

9 April 2024, 08:24 PM

Scholz advocates using Russian asset profits to arm Ukraine

The income from Russian assets does not belong to anyone, therefore it can be used for military aid to Ukraine, German Chancellor Olaf Scholz said before the European Union summit in Brussels, Reuters reported on March 21.

21 March 2024, 07:01 PM

Russian assets that can be used for Ukraine's needs. Where are they, and how much are there? — opinion

In general, there is information that about $280 billion of Russian assets have been arrested in various countries. We don't really know how many assets are frozen yet.

28 February 2024, 11:35 PM

Transfer of Russian frozen assets to Ukraine will greatly weaken Putin - Zelenskyy

Transferring Russia's frozen assets to Ukraine could significantly weaken Russian dictator Vladimir Putin's position and compel him to seek an end to the war in Ukraine, Volodymyr Zelenskyy said at a press conference following the “Ukraine in 2024” forum on Feb. 25, 2024.

26 February 2024, 04:48 PM

frozen funds