On January 11th, the Ukrainian Ministry of Finance announced on its official website that it received the first batch of 3 billion euros in loans from the European Union, secured by the proceeds of frozen Russian assets. According to reports, the EU will provide Ukraine with a loan of 18.1 billion euros in installments by the end of 2025, using the proceeds of frozen Russian assets as collateral. EU loans will be prioritized for Ukraine’s social and military budget expenditures, maintaining macroeconomic stability, and restoring critical infrastructure. The Ukrainian Ministry of Finance said that according to official EU data, the Russian central bank’s frozen assets in the EU amount to about 210 billion euros, generating 2.5 billion to 3 billion euros in revenue annually.
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