The EU allocated €1.6 billion to Ukraine from Russian assets: where the money will go

According to hvylya.net: The European Union has provided Ukraine with an additional €1.6 billion in financial aid to help the country meet its debt obligations and liabilities. These funds were accrued from revenues generated from the frozen assets of the Central Bank of Russia held in central depositories within the EU due to sanctions imposed in response to Russia's invasion of Ukraine.

The funds received this time represent revenues for the first half of 2025.

The distribution of the new aid will be different from before: 95% through the credit cooperation mechanism with Ukraine and only 5% through the European Peace Fund.

The European Union continues to financially support Ukraine, helping the country reduce its debt burden and ensure stability in the region.