EU Turns Frozen Russian Assets Into €1 Billion Lifeline For Ukraine

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The European Union has released €1 billion (approximately $1.17 billion) in additional financial support for Ukraine, the European Commission announced on Thursday, September 11.

The funds, provided in the form of a loan, will be repaid through interest income generated from Russian state assets frozen within the EU since Moscow’s full-scale invasion.

With this latest tranche, the EU reinforced its status as Ukraine’s largest single donor, with total European support now exceeding €170 billion.

The disbursement is part of a broader G7 initiative to deliver roughly €45 billion in fresh aid to Ukraine by 2027. The EU’s contribution to this package stands at €18.1 billion, making it a cornerstone of the coalition’s financial backing for Kyiv.

According to the Commission, Thursday’s payout brings total G7-backed loan disbursements for 2025 to €10 billion, underlining the bloc’s ongoing commitment to sustaining Ukraine’s war effort and economic stability.

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