“Our commitment to Ukraine’s victory and freedom is unwavering,” she said.
The windfall profits are generated by interest on cash balances from Russian central bank assets frozen under EU sanctions, the commission said.
The €1.4 billion in windfall profits were accumulated during the second half of 2025. “While the assets themselves remain immobilized, the interest on the cash balances does not belong to Russia and, upon the proposal by the commission, has been agreed to be used to support Ukraine,” a commission statement said.These funds come from RSB assets immobilized under EU sanctions, imposed in response to Russia’s war of aggression against Ukraine. While the assets themselves remain immobilized, the interest on the cash balances does not belong to Russia and upon the proposal by the Commission has been agreed to be used to support Ukraine. This measure is part of the EU’s continued commitment to stand for as long as it takes.Also Read: Nigeria, 106 countries back UN vote on Ukraine
European Commission President, Ursula von der Leyen, said: “These €1.4 billion will be directed where they are needed most: to sustain the State, preserve essential public services and support the brave Ukrainian Armed Forces. Our commitment to Ukraine’s victory and freedom is unwavering.”
95% of the proceeds will be used to support via the Ukraine Loan Cooperation Mechanism and 5% via the European Peace Facility The ULCM provides non-repayable support to assist in repaying the macro-financial assistance loan from the EU, as well as loans from G7 bilateral lenders under the mechanism. Total loan support under the mechanism amounts to €45 billion. On the other hand, the EPF helps to address its pressing military and defense needs.
NAN
