The European Union received €1.4 billion in windfall profits from interest on immobilized Russian assets held by Central Securities Depositories (CSDs), marking the fifth transfer since sanctions were imposed. The funds, generated from cash balances of the Central Bank of Russia (CBR) assets frozen under EU measures, cover revenues from the first half of 2026. Total accumulated profits since immobilization amount to €8 billion. European Commission President Ursula von der Leyen stated the proceeds will support Ukraine’s resistance against Russia’s ‘illegal war.’ Funds will be allocated via the Ukraine Loan Cooperation Mechanism (95%) and European Peace Facility (5%). The measure, under Regulation 2025/2600, ensures immobilized assets’ interest benefits Ukraine. The Council prohibited transferring these assets back to Russia in December 2025.
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