The European Commission (Commission) announced today (11.8.2025) that last Friday (8.8.2025), EU received 1.6 billion euros from the so -called extraordinary profits resulting from interest on cash balances derived from immobilized assets of the Russian Central Bank, held by central securities in the EU.
These profits were transferred to support Ukraine. According to the Commission, this is the third transfer of profits from the frozen assets of the Russian Central Bank to the EU and relate to the profits that emerged in the first half of 2025. It is recalled that the first tranche was released in July 2024 and the second in April 20.
These Extraordinary profits come from Russian state assets that have been committed to EU sanctions imposed in response to Russia’s ongoing aggressive war against Ukraine. While The assets themselves remain committed, interest on cash balances can be used to support Ukraine.
90% of the first two doses were used to support Ukraine through the European Mechanism for Peace (EME) and 10% via the medium facilitation for Ukraine.
From this third dose, 95% of revenue will be used to support Ukraine through the Ukraine Cooperation Mechanism (ULCM) and 5% through EMU.
ULCM provides non -refundable support to help Ukraine repay the EU macroeconomic subscription loan, as well as loans from bilateral lenders under the mechanism. The total loan support under the mechanism amounts to € 45 billion. In addition, the European mechanism for peace helps Ukraine to cope with its pressing military and defense needs.
This measure is part of the EU’s continued commitment to stand by Ukraine for as long as it is needed, the European Commission stresses.