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EU to use €1.4 billion from interest on frozen Russian assets to help Ukraine

Straits Times

WorldStraits Times·Aug 5, 2026·1 min read

EU to use €1.4 billion from interest on frozen Russian assets to help Ukraine

BRUSSELS, Aug 5 - The European Union will use €1.4 billion ($1.6 billion) taken from interest generated by frozen Russian assets to help Ukraine, the European Commission said on Wednesday.

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