The European Union on 3 August received €1.4 billion in windfall profits generated by the interest on the cash balances originating from immobilised assets of the Central Bank of Russia (CBR).
The EU Member States at an informal summit adopted the final key piece of legislation underpinning a €90 billion EU loan to Ukraine, allowing the Commission to begin disbursements as soon as possible in the second quarter of 2026.
The EU is awarding €20 million in funding to 41 cutting-edge Ukrainian start-ups and SMEs, following a European Innovation Council call to help them turn groundbreaking ideas into real-world solutions.
The European Union received €1.4 billion in windfall profits generated by the interest on the cash balances originating from immobilised assets of the Russian Central Bank, held by central securities depositories.
On the fourth anniversary of Russia’s invasion of Ukraine, the European Union reaffirmed unwavering support for Ukraine, paying tribute to the bravery of its people, for continuing to defend their country against Russian aggression and brutality.
The European Commission has set out a plan to make the EU’s regions bordering Russia, Belarus, and Ukraine more secure, resilient and attractive places to live and work.
The EU Council has agreed its position on the legal framework implementing a European Council agreement to provide a €90 billion loan to Ukraine for the years 2026-2027.
