
EU Unlocks 1.4 bn Euros from Russian Assets for Ukraine
This Is Beirut, 2024-06-24 21:52 - Reading : 2 minute(s)
The EU on Monday agreed to start paying out a first chunk of funds worth 1.4 billion euros ($1.5 billion) earned from Russian frozen assets to help arm Ukraine, bypassing blockages from Hungary. The money is part of roughly three billion euros a year in interest from immobilized Russian central bank funds that the EU agreed to use for Kyiv in ...