EU to provide Ukraine with EUR 1.4 bln from profits of frozen Russian assets
The European Union will provide Ukraine with EUR 1.4 billion from windfall profits generated by immobilized Russian assets.
As the press service of the European Commission reported on Wednesday, on Tuesday, March 31, the EU received EUR 1.4 billion in windfall profits derived from interest on cash balances originating from immobilized assets of the Central Bank of Russia held in central securities depositories.
"The receipt of this amount is the fourth transfer of its kind following the third tranche provided in August 2025. It covers income accumulated during the second half of 2025," the press release says.
Commenting on the provision of funds to Ukraine, European Commission President Ursula von der Leyen said: "These EUR 1.4 billion will go where they are needed most: to support the Ukrainian state, maintain essential public services, and support the brave Armed Forces of Ukraine. Our commitment to Ukraine’s victory and freedom is unwavering."
The European Commission noted that these funds come from Central Bank of Russia assets immobilized in accordance with EU sanctions imposed in response to the aggression of Russia against Ukraine.
"While the assets themselves remain immobilized, the interest on the cash balances does not belong to Russia, and at the Commission’s proposal, it was agreed to use them to support Ukraine. This measure is part of the EU’s ongoing commitment to support Ukraine for as long as it takes," the EC emphasized.
