Shmyhal announced a new tranche of frozen Russian assets: when will Ukraine receive it
Денис Шмигаль. Фото - Facebook
Defense Minister Denys Shmyhal said that Ukraine will soon receive the next tranche of frozen Russian assets through the ERA mechanism.
He announced this following a conversation with Valdis Dombrovskis, EU Commissioner for Economy and Productivity.
As noted, the officials discussed the mechanism of a reparations loan for Ukraine through frozen Russian assets.
In particular, a new tranche is expected in October 2025.
In addition, officials focused on implementing the SAFE instrument, a €150 billion EU defense initiative.
“We coordinated our needs, priority projects, and the involvement of Ukrainian defense industry enterprises in them,” the report says.
According to Shmyhal, there was also talk of weakening the Kremlin’s military machine.
“The EU has already agreed on the 19th package of sanctions, we expect its approval as soon as possible,” he added.
Earlier, Ukraine received another tranche of financial assistance from the European Union in the amount of 1 billion euros. The funds came from the proceeds of frozen Russian assets.
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