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
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

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

  • By Al Mayadeen English
  • Source: New websites
  • 9 Apr 2025 17:36
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

Kiev accused of using Russian woman in suicide bomb plot: FSB

Russian troops capture Filiya village, 146 service people repatriated

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

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

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