European Union officials said on July 26 that the first tranche of money from frozen Russian assets has been sent to support Ukraine as it resists Moscow’s invasion, while the Kremlin threatened to retaliate against what it calls theft of its sovereign property.
European Commission President Ursula von der Leyen announced on July 26 that roughly $1.6 billion of the interest that the European Union has made from holding some $225 billion in frozen Russian central bank assets has been made available to Ukraine, as Kyiv pleads for more Western aid.
