Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Lebanese Ministry of Health: Final toll from airstrike on car in Zebdine, Nabatieh District: Two martyrs, four injured
Egyptian media: Indirect talks between Hamas and Israelis begin in Sharm el-Sheikh.
AFP: France's new PM Sebastein Lecornu resigns just hours after unveiling cabinet.
Trump: Technical teams will meet again on Monday in Egypt to discuss and clarify the final details, and the first phase is scheduled to be completed this week
US President Donald Trump: Talks with Hamas have been very successful and are moving at a rapid pace
Local sources in Aleppo: Violent clashes erupt between the SDF and factions affiliated with the transitional authority on the Deir Hafer and Tishrin Dam fronts in the eastern Aleppo countryside
Israeli media: Interceptor missiles fired in an attempt to shoot down the drone
IOF Spokesperson: Sirens sounded amid suspected "enemy aircraft" infiltrating the Eilat area
Israeli media: "Israel" won the battle but lost the war strategically and politically
Israeli media: Ben Gurion Airport's airspace closed to air traffic following missile launch from Yemen

Ukraine secures $1B EU loan, to be repaid using Russian assets: PM

  • By Al Mayadeen English
  • Source: New websites
  • 9 Apr 2025 16:36
3 Min Read

Ukraine received a 1 billion euro EU loan under the G7's ERA initiative, to be repaid using profits from frozen Russian assets. Russia condemned the move as theft.

Listen
  • x
  • European Union foreign policy chief Kaja Kallas, right, shakes hands with Ukraine's Prime Minister Denys Shmyhal during the EU-Ukraine Association Council at the European Council building in Brussels, Wednesday, April 9, 2025 (AP)
    European Union foreign policy chief Kaja Kallas, right, shakes hands with Ukraine's Prime Minister Denys Shmyhal during the EU-Ukraine Association Council at the European Council building in Brussels, Wednesday, April 9, 2025 (AP)

Ukraine has received a new loan from the European Union, set to be repaid with proceeds from frozen Russian Assets, the Ukrainian Prime Minister announced on Wednesday.

Ukraine has received another 1 billion euros ($1.1 billion) in loans from the European Union to be repaid using proceeds from Russia's frozen assets, Ukrainian Prime Minister Denys Shmyhal said on Wednesday.

The European Commission announced on March 20 that it had allocated 1 billion euros to Ukraine as part of a G7 loan expected to be repaid with profits from frozen Russian assets

"The EU has delivered 1 billion euros to Ukraine within the ERA [Extraordinary Revenue Acceleration] initiative ... It is the third transaction within the G7 initiative with repayment via profits from Russia’s frozen assets. the PM announced, "The money will be allocated to priority state budget expenses. Overall, within the ERA initiative, the European allies have provided 5 billion euros to Ukraine," he added on his Telegram channel.

Related News

Putin, Netanyahu discuss Gaza war, Iran nuclear file

Russia, Venezuela decry US strike on vessel in the Caribbean

The Russian Foreign Ministry has repeatedly denounced the freezing of Russia's sovereign funds in Europe as theft, while Russian Foreign Minister Sergey Lavrov said that Moscow could respond by withholding assets held in Russia by Western countries

EU to maintain pressure on Russia, keep assets frozen

Previously, the European Union held a summit, where it reaffirmed that the EU remains committed to maintaining pressure on Russia through further sanctions and strengthened enforcement of existing measures aimed at weakening Moscow's capacity to sustain the conflict with Ukraine, while also stating that Russian assets will remain frozen under EU law.

While 26 of 27 EU member states signed the conclusion, the signatories reiterated their "peace through strength" approach aimed at ensuring that Ukraine maintains the strongest possible position with its own robust military and defense capabilities as an essential component.

In the same context, EU foreign policy chief Kaja Kallas urged EU leaders to turn their verbal support for Ukraine into concrete actions by emphasizing the need for actual military aid, including ammunition, to support Ukraine in its defense.

While some EU leaders have expressed their support for Ukraine, Kaja Kallas emphasized the need for actions to align with words, noting that a realistic plan would involve 5 billion euros for ammunition and that this is what they are currently working on.

  • Russia
  • Ukraine
  • Russian assets
  • European Union

Most Read

Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025
ap

'Israel' pays influencers $7K per post to whitewash Gaza genocide

  • Politics
  • 1 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Hezbollah's representative in Iran, Sayyed Abdullah Safieddine, during an interview with Al Mayadeen which aired on October 6, 2025 (Al Mayadeen)
Politics

Tehran never interferes in Hezbollah decisions: Representative in Iran

Smoke billows over the Gaza Strip following an Israeli bombardment, as seen from southern Palestine, Sunday, Oct. 5, 2025. (AP)
Politics

Indirect talks for a ceasefire in Gaza begin in Sharm El-Sheikh: Egypt

Fighters from the Syrian Democratic Forces (SDF) prepare to attend a military parad in Qamishli, northeastern Syria, Tuesday, August 12, 2025 (AP)
Politics

Security forces seal Aleppo’s Sheikh Maqsoud, Ashrafieh districts

Amsterdam Captain Mohammed Ali Mohiuddin, who took part in the Global Sumud mission to Gaza, talks to Al Mayadeen on October 6, 2025 (Screengrab)
Politics

GSF captain says despite abuse, 'Israel weaker than spider's web'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS