Despite Putin’s ‘You’ll Lose More’ Threat, EU To Give Ukraine Profits From Frozen Russian Assets

On May 8, the EU agreed to use profits from Russia’s frozen assets to fund aid for Ukraine. The decision was taken during a meeting of EU diplomats, as per the UK outlet The Guardian. The group reached a compromise on using an estimated €4.4 billion profit to help Ukraine. The final amount that will go to Kyiv will likely be evident in July, as per The Guardian. Watch for more. INTERNATIONAL NEWS