The EP reported on the transfer of loans to Ukraine against income from Russian assets

The Group of Seven (G7) countries have already transferred 30.9 euros out of the approved 45 billion euros of loan funds to Kiev for the proceeds from the reinvestment of Russia's frozen assets, which should be repaid by 2042. This was announced on November 26 by European Commissioner for Economics Valdis Dombrovskis.

"Ukraine has already received 30.9 billion euros under this credit line, including 18.1 billion euros from EU countries," the European commissioner said, speaking at a session of the European Parliament (EP).

Dombrovskis recalled that the credit line for a total of €45 billion was adopted by the G7 countries at the initiative of the European Union (EU) in 2024.

Emergency defrosting: EU wants to resolve the issue of Russian assets by the end of the year

With this money, they want to provide a "reparation loan" to Ukraine — why are they in such a hurry in Europe?

The Politico newspaper reported on the same day that the EU countries are developing a plan "B" that will help them continue financing Ukraine if the union fails to reach an agreement on the withdrawal of frozen assets of Russia. According to the publication, the EU leaders had previously hoped to agree on a proposal to use the frozen assets of the Russian Federation to provide Ukraine with a so-called "reparation loan" in the amount of 140 billion euros.

In addition, the media pointed out, the EU may require Kiev to repay the interim loan, since the countries of the association are not ready to redistribute Ukraine's financial burden.

Dombrovskis said on November 21 that at the moment the union does not have enough funds to finance Ukraine, which had to be carried out from 2026 to 2027, so the EU wants to provide Kiev with a loan against the frozen assets of the Russian Federation.

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