{"id":1131734,"date":"2026-08-05T11:16:36","date_gmt":"2026-08-05T11:16:36","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1131734\/"},"modified":"2026-08-05T11:16:36","modified_gmt":"2026-08-05T11:16:36","slug":"eu-to-transfer-e1-4b-in-profits-from-frozen-russian-assets-to-ukraine-politico","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1131734\/","title":{"rendered":"EU to transfer \u20ac1.4B in profits from frozen Russian assets to Ukraine \u2013 POLITICO"},"content":{"rendered":"<p>\u201cOnce again we wake up to the news of horrible atrocities by Russia through its aerial attacks on Ukraine,\u201d Commission President Ursula von der Leyen <a href=\"https:\/\/x.com\/vonderleyen\/status\/2084915907915137343?s=20\" target=\"_blank\" rel=\"nofollow\">wrote<\/a> on X. \u201cRussia must pay for the destruction it has caused. And we are using the proceeds from the immobilised Russian assets to make sure it does.\u201d Von der Leyen said the EU was making \u201ca further \u20ac1.4 billion\u201d available to support Ukraine\u2019s \u201ccontinued resistance against Russia\u2019s illegal war.\u201d<\/p>\n<p>Her comments came after <a href=\"https:\/\/www.kyivpost.com\/post\/81725\" target=\"_blank\" rel=\"nofollow noopener\">one of the deadliest Russian attacks<\/a> on Kyiv this year. Ballistic missiles and drones killed at least 17 people and wounded 44 overnight, striking residential buildings, warehouses and a railway station. Ukrainian President Volodymyr Zelenskyy <a href=\"https:\/\/x.com\/ZelenskyyUa\/status\/2084891291217691125?s=20\" target=\"_blank\" rel=\"nofollow\">stated<\/a> Wednesday that additional missile interceptors \u201ccould have saved lives\u201d and blamed delays in Western air-defense deliveries for the mounting casualties.<\/p>\n<p>Over \u20ac210 billion in Russian central bank reserves were frozen by the EU after Moscow\u2019s full-scale invasion in 2022. Since 2024, financial institutions holding those assets have been required to <a href=\"https:\/\/www.consilium.europa.eu\/en\/press\/press-releases\/2024\/02\/12\/immobilised-russian-assets-council-decides-to-set-aside-extraordinary-revenues\/\" target=\"_blank\" rel=\"nofollow noopener\">ring-fence<\/a> the extraordinary profits they generate, allowing Brussels to redirect the proceeds to Ukraine while leaving the underlying reserves untouched.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cOnce again we wake up to the news of horrible atrocities by Russia through its aerial attacks on&hellip;\n","protected":false},"author":2,"featured_media":1131735,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5174],"tags":[331,6725,2825,473,2595,2000,299,5187,2597,2598,3209,332,657,1220,2601,771,335],"class_list":["post-1131734","post","type-post","status-publish","format-standard","has-post-thumbnail","category-eu","tag-banks","tag-central-banks","tag-debt","tag-defense","tag-drones","tag-eu","tag-europe","tag-european","tag-military","tag-missiles","tag-payments","tag-russia","tag-ukraine","tag-ursula-von-der-leyen","tag-volodymyr-zelenskyy","tag-war","tag-war-in-ukraine"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/117042622293243809","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1131734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1131734"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1131734\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1131735"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1131734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1131734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1131734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}