Ais to Ukraine

European Union Channels $1.6 Billion From Frozen Russian Assets To Support Ukraine

On Friday, the European Union announced it would allocate 1.5 billion euros ($1.6 billion) to support Ukraine, marking the first installment of funds generated from profits on frozen Russian assets. In May, the EU’s 27 member states agreed to utilize the interest earned from approximately 210 billion euros ($225 billion)...