Russia Ukraine receives new financial aid from the EU
The EU has disbursed a further one billion euros in financial aid to Ukraine. The money is a loan that will be repaid with interest income from the safekeeping of frozen Russian state assets in the EU.
20.03.2025, 13:26
SDA
"With today's payment of one billion euros, we are reaffirming our unwavering commitment to Ukraine," said EU Commission President Ursula von der Leyen.
Among other things, the money will help to rebuild damaged infrastructure that was attacked by Russia.
The new support is part of an initiative by the G7 group of major democratic industrial nations, which envisages new aid payments totaling around 45 billion euros by 2027.
The EU is providing 18.1 billion euros of this, with the new disbursement amounting to four billion euros so far. The proceeds from frozen Russian state assets are to be used to repay all loans.
