Learn more

The European Union will send the first tranche of €1.4 billion from the profits of frozen Russian assets to purchase weapons for Ukraine in early August, according to EU High Representative for Foreign Affairs and Security Policy Josep Borrell at a press conference following the meeting of EU foreign ministers in Brussels. Borrell informed the ministers about the progress in preparing the first transfer of €1.4 billion, expected to take place at the beginning of August, or the following week. He noted that these funds would be used to purchase priority military equipment for Ukraine, including…

cuu