European Commission Receives €1.4 Billion from Frozen Russian Assets for Ukraine Support
The European Union has received €1.4 billion in windfall profits generated by interest on immobilized Russian Central Bank assets, which will be used to support Ukraine. The European Commission confirmed the receipt of the funds, which are held by central securities depositories.
Revenue from Immobilized Assets
The revenue consists of windfall profits generated by the interest on cash balances from the immobilized assets of the Russian Central Bank (RSB). According to the European Commission, the funds were received on April 1, 2026.
Allocation for Ukraine
The Commission stated the revenue from the immobilized Russian assets is designated for support to Ukraine. This action follows the EU's policy of utilizing proceeds from frozen Russian state assets to fund assistance for Ukraine.