EU seizes Russian windfall profits as Ukraine notes July combat surge
Source: Army Technology
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Report Content
Classification
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Activity
The EU has received funding from Russian windfall profits.
Location
Unit
European Union
Equipment
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Summary
The European Union has received a new tranche of funding derived from Russian windfall profits that were accrued from frozen assets of the Central Bank of Russia. This funding is part of the EU's ongoing economic measures against Russia.
Key Facts
- The EU has received funding from Russian windfall profits.
- The funding is from frozen Central Bank of Russia assets.