Kremlin to Address EU's €1.5 Billion Transfer to Ukraine

Russia announced it will scrutinize the European Union's decision to transfer €1.5 billion to Ukraine, sourced from frozen Russian assets. This financial move by the EU aims to support Ukraine's defense and reconstruction efforts amidst the ongoing conflict.


Devdiscourse News Desk | Updated: 26-07-2024 16:02 IST | Created: 26-07-2024 16:02 IST
Kremlin to Address EU's €1.5 Billion Transfer to Ukraine
Dmitry Peskov

Russia will carefully consider how to respond to the European Union's transfer to Ukraine of 1.5 billion euros taken from the proceeds of frozen Russian assets, Kremlin spokesman Dmitry Peskov said on Friday.

European Commission President Ursula von der Leyen said earlier that the EU was transferring the funds to Kyiv on Friday for "the defence and reconstruction of Ukraine."

(With inputs from agencies.)

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