The EU's plan for the immediate use of profits from frozen Russian assets is separate from a decision by G7 leaders this month to use future proceeds to fund $50 billion in loans to Ukraine.

UPDATE 4-EU Backs Russian Frozen Asset Plan to Aid Ukraine, Sparks Hungarian Anger June 24th, 20PM June 24th, 20PM (Updates with Borrell comments at end of meeting, paragraphs 5-6) By Andrew Gray ...

European Union governments agreed to use €1.4 billion in profits from Russian frozen assets for weapons and other aid to Ukraine, prompting Hungary to accuse fellow EU members of a "shameless ...

Making Russia pay for Ukraine sounds like a no-brainer moral imperative. The European Commission has launched a plan to try using billions of dollars and euros of frozen Russian assets to help ...

The European Union will press forward with a commitment to secure aid for Ukraine from frozen Russian central bank assets regardless of issues raised by the US, the bloc’s top diplomat said.

Under the G7 plan, the windfall profits earned by Russia's frozen assets will be used to gradually repay a multi-billion loan for Ukraine.

Ukraine may have gotten one step closer to gaining access to frozen Russian assets to put toward its massive reconstruction needs. European Union leaders on Oct. 27 expressed support for a ...

The European Union's top diplomat says Russia's massive military spending suggests that President Vladimir Putin plans to use his armed forces again elsewhere in the future. EU foreign policy chief ...

(Bloomberg) -- European Union member states have tentatively approved a plan to use the profits generated by Russian sovereign assets frozen in the bloc to support Ukraine’s recovery and ...

The European Union will continue to support beleaguered Ukraine, vowing to push ahead with a pledge for EU membership and promising more financial aid. The money could come from frozen Russian assets.

European Union governments agreed to use 1.4 billion euros ($1.50 billion) in profits from Russian frozen assets for arms and other aid to Ukraine, prompting Hungary to accuse fellow EU members of ...

The European Commission put forward on Nov. 30 a plan to seize and manage frozen Russian assets and use the proceeds for the war-torn country.