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WORLDAug 5 · 11:11 UTCPOLITICO EUROPEMilena Wälde

EU to transfer €1.4B in profits from frozen Russian assets to Ukraine

The EU has transferred €1.4 billion in profits from frozen Russian central bank assets to Ukraine, marking the fifth such transfer. Funds will support Ukraine's loan repayments and military needs following recent Russian attacks, with over €210 billion in Russian reserves remaining frozen.

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European UnionorganizationEuropean CommissionorganizationUrsula von der LeyenpersonUkraineplaceVolodymyr ZelenskyypersonRussian Central BankorganizationEuropean Peace FacilityorganizationUkraine Loan Cooperation Mechanismorganization
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