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In July, the European Commission will provide Ukraine with 1.5 billion euros from the proceeds of the reinvestment of Russian assets.


The European Commission will provide Kyiv with 1.5 billion euros in July from the reinvestment of Russia's frozen assets. According to "Armenpress", the head of the European Commission, Ursula von der Leyen, announced this at the conference dedicated to the restoration of Ukraine in Berlin. 90% of that money will go to (ed.: Ukraine's) defense, 10% to reconstruction," von der Leyen said in his opening speech. He added that within the framework of the initiative to provide Ukraine with 50 billion euros of aid over three years, EUR 6 billion has been allocated, and the first EUR 1.4 billion agreements will be signed in Berlin on June 11 with partner banks to attract private sector investment to Ukraine. According to Ursula von der Leyen, the EU has also raised almost EUR 500 million for Ukraine's energy sector. for the system, given Russia's attacks on Ukraine's energy infrastructure. "We are providing another 1,000 generators for emergency power generation. "Thousands of solar panels will also arrive in Ukraine soon," added the head of the European Commission. He also announced the provision of an additional 1.9 billion euros from the Ukraine Fund until the end of this month.

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