Overview

• The EU will use interest from frozen Russian assets to support Ukraine, with 90% allocated to military needs.
• This decision could generate up to €3 billion annually, with the first funds available by July.
• The move follows extensive debates among EU and G7 countries on the legality and economic impact of using these assets.
• Belgium holds the majority of the frozen assets, amounting to around €192 billion.
• The EU and G7 continue to explore additional measures to maximize the use of the nearly €300 billion in frozen Russian assets.