European Union allocates 1.4 billion euros from frozen Russian assets for Ukraine

On August 5, 2026, the European Commission announced the allocation of 1.4 billion euros to support Ukraine, financed by interest generated from immobilized Russian central bank assets. European Commission President Ursula von der Leyen stated that these funds are intended to help Ukraine resist Russia's ongoing military actions, emphasizing that Russia should be held financially accountable for the destruction caused during the conflict.

This payment marks the fifth transfer of such funds, following the fourth installment issued in March 2026. According to available reports, the total amount of extraordinary profits generated from these frozen assets since their initial immobilization has reached approximately 8 billion euros. The European Union continues to utilize these proceeds as a mechanism to provide direct financial assistance for Ukraine's defense and recovery efforts.