frozen Russian assets

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

EU deadlock: No deal on frozen Russian assets confiscation in sight

There is a lack of consensus among member states on the confiscation of frozen Russian assets in the EU, the bloc’s High Representative for Foreign Affairs Kaja Kallas said after the Feb. 24 meeting of the EU Foreign Affairs Council, the Interfax news agency reported.

25 February 2025, 12:09 PM

Ukraine gets first tranche in frozen Russian assets from Canada

Canadian Prime Minister Justin Trudeau has announced the release of the first tranche from $5 billion in frozen Russian assets, alongside a new military aid package for Ukraine, at the Support Ukraine forum in Kyiv on Feb. 24.

24 February 2025, 02:33 PM

G7 ties future Russia sanctions to peace talks

During the Munich Security Conference in Germany, foreign ministers from the Group of Seven (G7) countries met, with Ukraine’s acting Foreign Minister Andriy Sybiha participating in part of the discussions, European Pravda reported on Feb. 15.

16 February 2025, 11:55 AM

Trump can make Kremlin bankroll Ukraine’s recovery – WSJ

President-elect Donald Trump could compel Russia to pay for Ukraine’s recovery by utilizing frozen Russian assets, senior Hoover Institution fellow Niall Ferguson and Tufts University international history professor Chris Miller wrote in The Wall Street Journal on Jan. 16.

17 January 2025, 02:25 PM

EU transfers first $3 billion from frozen Russian assets to Ukraine

The European Union has transferred €3 billion to Ukraine’s state budget, marking the first disbursement from frozen Russian assets under the G7’s Extraordinary Revenue Acceleration for Ukraine (ERA) initiative, Finance Ministry wrote on Jan. 10.

10 January 2025, 03:37 PM

Netherlands to deliver crucial air defense support for Ukraine

The Netherlands will soon deliver military assistance that will significantly enhance Ukraine’s air defense capabilities, Defense Minister Rustem Umerov wrote on Facebook late on Jan. 9.

10 January 2025, 09:47 AM

Russian assets to remain frozen until reparations for Ukraine are arranged — EU

Europe will continue to use revenues from frozen Russian assets to support Ukraine during the war and after its conclusion, the European Council said in a communique on Dec. 19.

19 December 2024, 09:35 PM

US extends Ukraine $20 billion loan derived from Russian assets

The United States has allocated a $20 billion loan to Ukraine, funded by revenue from frozen Russian financial assets, the U.S. Department of the Treasury announced on Dec. 10.

10 December 2024, 11:38 PM

Ukraine needs at least 10 more Patriot systems to secure its airspace — Zelenskyy

Kyiv’s Western partners would have to supply 10-12 additional Patriot air defense systems for Ukraine to protect its critical infrastructure from relentless Russian attacks, President Volodymyr Zelenskyy said on Dec. 10.

10 December 2024, 09:17 PM

Ukraine secures $20 billion loan from U.S. under G7 aid plan

The Ukrainian government has approved the terms of a conditional agreement with the U.S. Federal Financing Bank (FFB) for a 40-year loan of up to $20 billion, as part of the previously agreed G7 initiative to allocate $50 billion to Ukraine using revenue from frozen Russian assets, according to a Cabinet of Ministers resolution dated Dec. 6.

10 December 2024, 05:38 AM

Ukraine to receive $50 billion in frozen Russian assets from EU and US — Blinken

Ukraine is set to receive $50 billion derived from frozen Russian assets in the European Union and the United States in the coming weeks, U.S. Secretary of State Antony Blinken said on Dec. 4.

4 December 2024, 09:13 PM

EU to provide Ukraine with €1.5 billion monthly starting January 2025

The European Union will provide Ukraine with an additional €4.2 billion ($4.4 billion) in December and plans to allocate €1.5 billion monthly ($1.6 billion) from January 2025, EU Council President António Costa said at a press conference on Dec. 1.

1 December 2024, 08:07 PM

Ukraine secures billions in EU aid from frozen Russian assets

The European Union and Ukraine have signed a memorandum of understanding to provide macro-financial assistance of €18.1 billion ($19.1 billion) from the proceeds of frozen Russian assets, Prime Minister Denys Shmyhal reported on Telegram on Nov. 29.

29 November 2024, 12:16 PM

Will Europe release frozen Russian assets for Ukraine?

Frozen Russian assets could play a pivotal role in negotiations between U.S. President-elect Donald Trump and Russian President Vladimir Putin to end the war in Ukraine, according to an article by Reuters columnist Hugo Dixon.

25 November 2024, 01:46 PM

Supporting Ukraine now outweighs fallout if Russia wins

It is more cost-effective for Kyiv's allies to provide funding to Ukraine now and prevent it from losing the war than to invest in their own additional defense and deal with refugees if Russia succeeds, IMF permanent representative in Ukraine Priscilla Toffano said, the Interfax-Ukraine news agency reported on Nov. 22.

22 November 2024, 01:33 PM

EU allocates €1.4 billion from seized Russian funds for Ukraine's defense

The European Union plans to use €1.4 billion ($1.5 billion) from revenues of frozen Russian assets for military procurement for Ukraine, German Defense Minister Boris Pistorius announced on Nov. 19, news agency Ukrinform reports.

19 November 2024, 06:58 PM

German government collapse raises questions over future Ukraine aid

German Chancellor Olaf Scholz’s decision to fire Finance Minister Christian Lindner has effectively “blown apart” the country's coalition government, which could have consequences for Ukraine, The Telegraph reported on Friday, Nov. 8.

9 November 2024, 11:30 AM

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