EU foreign ministers approved €1.4 billion ($1.5 billion) in military aid for Ukraine, with the package to be financed for the first time by proceeds from frozen Russian Central Bank assets, top EU diplomat Josep Borrell announced on Monday. In Moscow, the agreement was dismissed as being an ineffective plan that would end up hurting the European Union more. “The purpose of the sanctions was to strangle the Russian economy and destroy the cohesion of society, said Deputy Foreign Minister Alexander Grushko in Moscow. “The EU has achieved the opposite,” he said. Russia also warned of a renewed r…