Russia To Pay For Ukranian Aid – EU Uses Frozen Russian Assets For Ukranian Aid

The European Union has approved another major financial package to support Ukraine amid its ongoing war with Russia. This funding is part of a larger international effort and is being backed by profits from frozen Russian assets. Here’s a quick overview of what this means and how the money will be used.

EU Sends €1 Billion More to Ukraine

• The EU just gave Ukraine another €1 billion (about $1.1 billion) to help during the war.
• It’s part of a big international loan program led by the G7 countries.
• The money comes from profits made off frozen Russian assets.

What’s the Deal with Frozen Russian Money?

• After Russia invaded Ukraine in 2022, about $300 billion of Russian money was frozen.
• Most of it is sitting in Europe.
• The actual money stays frozen—but the interest it earns is being used to help Ukraine.

Big Picture: G7’s Loan Plan

• The G7 countries promised Ukraine $50 billion in support.
• Ukraine will pay it back using the profits from the frozen Russian money.
• The EU is covering €18.1 billion of that; the U.S. and others are helping too.

Why This Money Matters

• Ukraine needs money to keep its economy running during the war.
• It also needs help rebuilding and defending itself.
• This is one way to make Russia indirectly pay for the damage.

How the €1 Billion Will Be Used

• Fixing things like power lines, water systems, and roads.
• Supporting Ukraine’s army and defense systems.
• Basically, helping the country survive and rebuild at the same time.

Where the Money Flows Through

• Some of the funds go through EU programs that support peace and recovery.
• These programs help Ukraine get the tools and funding it needs for defense and rebuilding.
• It’s part of a bigger EU promise to back Ukraine for as long as needed.

Bonus: Another €2.1 Billion Coming

• The EU is also getting €2.1 billion in profits from Russian assets.
• This will help pay back the G7 loan and keep more money flowing to Ukraine.
• It’s the second payment like this—the first came in July 2024.

New Deals Signed This Week

• Ukraine signed 5 new agreements with the EU.
• Three of them are loans to help rebuild water and energy systems.
• Another deal helps Ukraine buy medical supplies faster during emergencies.

Teaming Up on Space and Business

• Ukraine is joining parts of the EU’s space program—helpful for rebuilding and protecting satellites.
• A big business summit just launched a new EU-Ukraine partnership.
• EU companies are being invited to invest in rebuilding Ukraine.

Looking Ahead

• More money is on the way as Ukraine’s needs grow.
• Future aid will keep coming from profits off frozen Russian assets.
• The goal: support Ukraine’s recovery—and bring it closer to joining the EU.