Ukraine to start receiving first $50 bln from frozen Russian assets in 2025
Prime Minister Denys Shmyhal says that Ukraine will start receiving the first $50 billion from frozen Russian assets as early as 2025.
"While the legal procedure for creating a compensation mechanism is underway, while we are working on confiscating frozen Russian assets, we will start receiving the first $50 billion next year," Shmyhal said during the hour of questions to the government in the Verkhovna Rada on Friday, which was broadcast live on YouTube by MP Oleksiy Honcharenko (the European Solidarity faction).
As reported, on December 4, U.S. Secretary of State Anthony Blinken announced the imminent transfer of $50 billion from the EU and the USA to Ukraine from frozen Russian assets.
Advertising
Advertising
MORE ABOUT
EU to provide Ukraine with another EUR 2.1 bln in proceeds from frozen Russian assets
18:55, 09.04.2025
Issue of confiscating $300 bln in Russian assets most important issue for Ukraine today – opinion
10:08, 28.01.2025
Shmyhal: this year goal is to develop, approve mechanism for complete confiscation of Russia’s frozen assets in favor of Ukraine
13:51, 03.01.2025
Sybiha urges partners to move from freezing Russian assets to confiscating them
10:36, 16.12.2024
Cabinet approves attracting up to $15 bln in grant via World Bank at expense of frozen Russian assets
15:04, 13.12.2024
LATEST
Putin declares Easter truce, Russian media report
17:04, 19.04.2025
Exhibition of Ukrainian Easter eggs opens in Rome
16:58, 19.04.2025
US plan for Ukrainian settlement does not include US-backed security guarantees – media
16:56, 19.04.2025
Wildfire damages Ukrainian ethnographic museum east of Edmonton in Canada – media
16:46, 19.04.2025
Kyiv Dpty Mayor Prokopiv stays in capital, doesn't hide before suspicion reported – Klitschko