The European Union has decided to transfer an additional 80 million euros to Ukraine, derived from interest on frozen assets of the Russian Federation. These funds will be directed towards supporting Ukraine’s energy infrastructure.
This is reported by Kyiv24
Financial Assistance and Energy System Support
According to the EU’s High Representative for Foreign Affairs and Security Policy, Kaja Kallas, the European Union is also coordinating international support to provide Ukraine with generators and equipment for repairing energy facilities. This will help prepare the country’s energy system for the upcoming winter, considering the challenges posed by Russian aggression and attacks on critical infrastructure.
“Today, we are also providing an additional 80 million to Ukraine, which has been seized as interest from frozen Russian assets. We will mobilize international support to provide generators to Ukraine and equipment for repairing energy facilities, to prepare Ukraine’s energy system for the coming winter,” she stated at a joint press conference with Ukraine’s Foreign Minister Andriy Sybiha.
Challenges with the Multi-Billion Euro Loan and Alternatives
Kaja Kallas emphasized that financial support for Ukraine will remain stable, even amid potential financial difficulties within the EU. She noted that the European Union is currently working to overcome obstacles in allocating a 90 billion euro loan to Ukraine, but “there are no good news.” Kallas expressed hope that the necessary decision will be made at the next European Council meeting in June 2026.
The financial support package of 90 billion euros was agreed upon in December 2025 for Ukraine for the years 2026–2027, with the first tranche planned to be provided at the beginning of April. However, the final decision regarding this loan is still blocked due to the position of Hungarian Prime Minister Viktor Orbán. He insists on the resumption of Russian oil transportation via the Druzhba pipeline before a final decision is made, despite criticism from other EU leaders.
Despite the blockage, European Commission President Ursula von der Leyen assured that the European Union will fulfill its obligations to Ukraine in any case.
It is worth noting that back in July 2024, Ukraine had already received the first tranche of 1.5 billion euros from the profits of frozen Russian assets, which became an important precedent for further financial support.