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

Published on May 09, 2024 08:41 am IST

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

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