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EU gives Ukraine €1bn loan from frozen Russian assets

The European Union has announced it is giving Ukraine an extra €1 billion, about $1.17 billion, in financial support.

This money comes as a loan that Ukraine will repay using the interest earned from Russian state assets frozen in the EU.

This move shows that the EU remains the biggest supporter of Ukraine since Russia’s full-scale invasion began. According to EU data, total aid to Ukraine now exceeds €170 billion.

The latest loan is part of a larger effort by the G7 countries to provide roughly €45 billion in new support to Ukraine by 2027, with the EU contributing €18.1 billion of that amount.

With this disbursement, loans to Ukraine backed by the G7 have reached €10 billion since the start of 2025.

The European Commission emphasized that the EU’s commitment continues to play a key role in helping Ukraine face the ongoing challenges of the conflict.

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