Event Brief
EU releases €1.4B from frozen Russian asset profits
Filed: Aug 05, 2026 at 7:08 AM ET
Summary: Ursula von der Leyen announced €1.4 billion from frozen Russian asset profits will be allocated after Kyiv attacks.
WHO: Ursula von der Leyen, European Commission President
WHAT: Announced allocation of €1.4 billion from profits of immobilised Russian assets, including €70 million for military assistance.
WHEN: Aug 05, 2026 at 6:37 AM ET
WHERE: Ukraine
WHY: The allocation follows Russia’s deadly strikes on Kyiv.
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