Yesterday at 23:59
The European Union is considering long-term mechanisms to channel proceeds from frozen Russian assets into support for Ukraine’s recovery.
This is reported with reference to Ukrinform, citing European Commissioner for Economy and Productivity Valdis Dombrovskis.
Speaking ahead of the Economic and Financial Affairs Council meeting in Brussels, Dombrovskis confirmed that EU finance ministers are evaluating options to maintain and expand financial assistance to Kyiv, particularly through innovative funding models that build on existing G7-led loan initiatives.
“It is important to emphasize that we increasingly need to look into concessional financing,” Dombrovskis told reporters.
He added that proposals from the Ukrainian side are also under review, though discussions are still in the preliminary stages.
The Commissioner emphasized the need to ensure that future support, especially post-2026, comes in the form of concessional or low-interest financing.
“In the near future, we will need to be more specific and decide which options to prioritize following these discussions, taking into account the feedback from EU members,” he said.
The question of how to manage and direct frozen Russian assets has gained traction in Brussels amid efforts to secure sustainable funding for Ukraine’s long-term reconstruction and resilience.
Earlier, Danish Economy Minister Stephanie Lose also confirmed that EU capitals are weighing extended support beyond 2026, underscoring the bloc’s recognition of Ukraine’s enduring financial needs in the face of continued Russian aggression.
