In a first, EU transfers 1.5 billion to Ukraine using Russia's frozen assets
Source: euronews.com
The transfer is the first of its kind under the novel scheme based on Russia's immobilised assets, estimated to be worth 210 billion across the bloc.
The European Union has sent 1.5 billion to Ukraine using the extraordinary revenues obtained from the Russian Central Bank's assets that remain immobilised as part of the bloc's far-reaching sanctions.
- snip -
Brussels worries that the widespread destruction of Ukraine's power grid could trigger a humanitarian crisis and a new migration exodus come winter.
"The EU stands with Ukraine," European Commission President Ursula von der Leyen said on Friday. "There is no better symbol or use for the Kremlins money than to make Ukraine and all of Europe a safer place to live."
Read more: https://www.euronews.com/my-europe/2024/07/26/in-a-first-eu-transfers-15-billion-to-ukraine-using-russias-frozen-assets
A great use of frozen funds.
![](du4img/smicon-reply-new.gif)
Leghorn21
(13,637 posts)Great news, AT LONG LAST!!!!
SupportSanity
(602 posts)Leghorn21
(13,637 posts)Hopefully, just crossing this hurdle for the first time encourages other entities to go ahead and DO THE RIGHT THING!!
Thanks for a great piece of news at the tail end of a really fantastic week, LETS GOOOO!!
SupportSanity
(602 posts)Leghorn21
(13,637 posts)![](https://i.postimg.cc/sfwRS1vv/IMG-2302.jpg)
![](https://i.postimg.cc/SNxY7Xd5/IMG-2304.jpg)
![](/emoticons/banghead.gif)
![](/emoticons/banghead.gif)
![](/emoticons/banghead.gif)
![](/emoticons/banghead.gif)
Bayard
(23,439 posts)![](/emoticons/yowser.gif)
Very glad to see Ukraine getting these funds.
Karma13612
(4,631 posts)Anything to help Ukraine!
This is such good news
SunSeeker
(53,001 posts)![](/emoticons/patriot.gif)
cstanleytech
(26,758 posts)riversedge
(71,919 posts)to rebuild and rebuild. and rebuild.
But I wish more money could be pumped into Ukraine--and kick out Putin with a big kick!
riversedge
(71,919 posts)I fear for the people of Ukraine as it will probably only make him more ugly and meaner.
moniss
(4,902 posts)is better off in Ukraine than in the hands of Putin.
AllyCat
(16,738 posts)Brilliant and long overdue.
iluvtennis
(20,433 posts)![](/emoticons/clap.gif)
Sky Jewels
(8,465 posts)![](/emoticons/clap.gif)
niyad
(117,641 posts)republianmushroom
(16,301 posts)tornado34jh
(1,212 posts)Remember, at the end of the day, it is not about Russian speakers. Ukraine has had them for a while, especially in Crimea and eastern Ukraine. Heck, Volodymyr Zelensky himself grew up as a native Russian speaker in Kryvyy Rih (literally means "Crooked Horn" . Also, especially in eastern Ukraine, there is something called Surzhyk/Surzhik, which is like a mix of Ukrainian and Russian. But they again, they should have never occupied Ukraine in the first place in 2014, never mind doing a full-scale invasion of Ukraine. They have no one to blame but themselves.