frozen Russian assets

G7 to use frozen Russian assets for Ukraine’s defense needs

Ukraine has signed a framework agreement with the United Kingdom to receive $3 billion as part of the G7’s Extraordinary Revenue Acceleration (ERA) initiative, the Ukrainian Defense Ministry announced on May 27.

27 May 2025, 03:40 PM

G7: No thaw for Russia’s frozen assets until Ukraine is repaid

Russia’s sovereign assets will remain immobilized until Moscow ends its aggression against Ukraine and pays for the damage it has caused, the Group of Seven (G7) Finance Ministers and Central Bank Governors stated in their May 22 communique after the meeting in Banff, Canada.

23 May 2025, 10:28 AM

EU must go beyond comfort zone to hurt Putin, Berlin says

Europe must step "out of its comfort zone" and consider much tougher sanctions on Russia, including bans on gas and uranium, the use of frozen Russian assets, Thorsten Frei, new German chancellery chief told Reuters on May 22.

22 May 2025, 01:44 PM

EU to spend $1 billion on arms for Ukraine using Russian asset profits

The European Union will allocate an additional €900 million ($1 billion) to purchase weapons for Ukraine using windfall profits from frozen Russian assets, Charles Fries, deputy secretary general of the EU External Action Service, announced at the second Ukraine-EU Defense Industry Forum in Brussels, news agency Interfax-Ukraine reported on May 12.

12 May 2025, 05:30 PM

EU funnels $1.1 billion of Russian assets into Ukraine’s defense industry

EU has directed EUR1 billion ($1.13 billion) generated from frozen Russian assets towards placing orders with Ukraine’s defense contractors, Defense Minister Rustem Umerov said on May 9.

10 May 2025, 12:58 AM

Europe prepares to dip into frozen Russian cash

Belgian clearing house Euroclear plans to distribute around EUR3 billion ($3.4 billion) worth of frozen Russian assets to Western investors who had their property confiscated by the Kremlin, Reuters reported on May 2.

2 May 2025, 10:21 PM

Europe eyes Russian money to rebuild Ukraine and challenge Putin’s grip on power

Rebuilding Ukraine after Russia’s war will cost an estimated 400 billion pounds, political scientist and Eastern Europe expert Mark Galeotti wrote in The Sunday Times on April 27 2025.

27 April 2025, 05:37 PM

Ukraine closes 2025 funding gap, eyes 2026 stability

Ukraine's external financing needs for 2025 have been fully secured, Finance Minister Serhii Marchenko said on April 24.

25 April 2025, 10:25 AM

UK’s new $990 million Ukraine aid package funded by Russian assets

The United Kingdom has provided Ukraine with a second tranche of military aid worth GBP752 million ($990 million) secured by revenues from frozen Russian assets, HM Treasury announced on April 14.

14 April 2025, 10:27 PM

EU boosts Ukraine’s defense industry with funds secured by frozen Russian assets

One billion euros ($1.14 billion) )out of the European Union’s €2.1 billion ($2.4 billion) tranche derived from the frozen Russian sovereign assets will be allocated to the Ukrainian defense industry, the EU Ambassador to Kyiv, Katarina Mathernova, said in an interview with the Interfax-Ukraine news agency published on April 10.

11 April 2025, 12:06 PM

EU to provide Ukraine additional $2.3 billion from frozen Russian assets

The European Union will soon provide the Ukrainian government with EUR2.1 billion ($2.3 billion) in funding derived from Russian sovereign assets frozen in the bloc, EU’s High Representative for Foreign Affairs and Security Policy, Kaja Kallas, said on April 9.

10 April 2025, 12:49 AM

Ukraine hopes to access frozen Russian assets by 2026 to fund reconstruction and cover budget needs — NBU

Ukraine hopes to begin receiving external financing in 2026, including funds from the principal of Russian frozen assets, NBU head Andrii Pushnyi wrote on Facebook on April 8.

9 April 2025, 11:43 AM

Over $32 billion in Russian assets remain frozen in UK

The UK government has frozen more than $32 billion in Russian assets since Moscow launched its full-scale invasion of Ukraine in February 2022, HM Treasury announced March 21.

22 March 2025, 12:48 AM

EU decides against seizing Russian assets

The European Union ruled out seizing frozen assets of Russia’s central bank, in a statement posted on the European Council website on March 20.

20 March 2025, 10:14 PM

European Commission allocates €1 billion in aid to Ukraine from frozen Russian assets

The European Commission has allocated an additional €1 billion tranche to Ukraine as part of the G7 loan agreement. According to the European Commission’s website, the funds will be covered using proceeds from frozen Russian state assets held in the European Union.

20 March 2025, 01:27 PM

EU approves €3.5 billion in Ukraine aid under Ukraine Facility

The European Council has approved the third payment to Ukraine under the Ukraine Facility program, totaling nearly €3.5 billion, Interfax-Ukraine reported on March 17.

17 March 2025, 03:18 PM

Top-officials of firm managing frozen Russian assets now under guard - Le Monde

The Belgian depository Euroclear, which holds the largest share of Russia’s frozen assets ($198.3 billion), has hired French security firm Amarante to protect its executives and their families, Le Monde reported on March 6.

10 March 2025, 02:48 PM

Europe must compensate for lost U.S. support as Trump abandons Ukraine - Estonian Foreign Ministry

Estonia's Foreign Minister Margus Tsahkna has called on Europe to step up military aid to Ukraine, arguing that the continent must fill in the void left by Washington’s decision to halt its aid to Kyiv, the country's Ministry wrote on March 4.

4 March 2025, 12:00 PM

France, Germany shift to grab frozen Russian billions

France and Germany are in talks with Britain and other countries to seize more than €200 billion ($210 billion) of frozen Russian assets in the EU, the Financial Times reported on March 3, citing its sources.

4 March 2025, 10:43 AM

Estonia warns Europe must lead against Russia as U.S. wavers

Europe still holds significant leverage over Russia, despite Moscow’s continued aggression and the possibility of a U.S. troop withdrawal from Europe, Estonian Foreign Minister Margus Tsahkna said in an interview with RND on Feb. 27.

27 February 2025, 10:18 AM

frozen Russian assets

1
2
3
4
5
6
7