The EU has provided Ukraine with €1 billion from frozen Russian assets

This is stated in a press release published on the European Commission's website.

‘In total, macro-financial assistance amounts to €18.1 billion and represents the EU's contribution to the G7 Emergency Revenue Acceleration (ERA) initiative, which aims to provide Ukraine with financial support of approximately €45 billion,’ the statement said.

According to Ukrainian Prime Minister Denys Shmyhal, the government will use these funds to cover critical budget expenditures and strengthen the state.

‘This tranche is part of a fair and consistent approach: the aggressor must pay for the destruction it has brought to our land,’ the head of government emphasised.

He added that Kyiv is waiting for the ‘next step’ from its partners — the complete confiscation of Russian assets and the strengthening of sanctions against Russia.

Source: Suspilne News