EU to Send Ukraine 1.4 Billion Euros From Frozen Russian Assets

Quick Summary:

The European Union (EU) is set to provide Ukraine with 1.4 billion euros ($1.52 billion) in military aid, sourced from the interest on frozen Russian assets.

Following Russia’s invasion of Ukraine, the U.S.and its allies blocked $300 billion in Russian assets.

The Kremlin condemned the EU’s plan as “theft” and threatened legal action.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: IndiaUkraine

Topics: Bitcoin News EU Frozen Latest News Russian Assets 1.4 Billion Euros News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 00:28:31 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 133 words

Reading Time: 1 minutes read

Sentences: 10 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 21766932

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