this post was submitted on 20 Mar 2025
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EU provides $1 billion in aid to Ukraine backed by frozen Russian assets (kyivindependent.com)
submitted 2 weeks ago by [email protected] to c/[email protected]
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The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.

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[–] [email protected] 8 points 2 weeks ago

The title is wrong. The money is not taken from the russian assets but rather interest earned from those assets. The original assets are left intact. FTA:

The European Commission has disbursed an additional 1 billion euros ($1.1 billion) in Macro-Financial Assistance (MFA) to Ukraine, to be repaid with proceeds from frozen Russian assets, the commission announced on March 20.