EU provides Ukraine with additional €1 billion provided from frozen Russian assets
On March 20, the European Commission allocated Ukraine a further €1 billion tranche under its macro-financial assistance program, sourced from immobilized Russian sovereign assets held in the EU.
This payment falls within the G7’s Extraordinary Revenue Acceleration (ERA) initiative, pushing the total loans provided to Ukraine in 2025 to €4 billion. The Commission noted ongoing discussions about the schedule for future disbursements.
The funds aim to bolster Ukraine’s economic stability and rebuild critical infrastructure amid Russia’s ongoing aggression.
“With today's payment of €1 billion, we are reiterating our steadfast commitment to Ukraine. We are helping the country's economy stay on course and rebuild critical infrastructure damaged by Russian aggression. We will keep supporting Ukraine as long as it takes,” said European Commission President Ursula von der Leyen.
G7 loan initiative
Under the G7 ERA framework, partners have pledged roughly $50 billion in loans to Ukraine, to be serviced and repaid using future profits from approximately $280 billion in frozen Russian assets.
The EU holds about €210 billion of these, with the U.S. committing up to $20 billion, the EU up to €35 billion, and the U.K. nearly $3 billion.
G7 nations have vowed to keep these assets locked until Russia compensates for its actions against Ukraine.
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