EU to send 160 million euros from frozen Russian assets to Ukraine


  • World
  • Thursday, 19 Sep 2024

FILE PHOTO: A man walks in a park overlooking Dnipro River on a sunny winter day in Kyiv, amid Russia’s attack on Ukraine, January 17, 2024. REUTERS/Thomas Peter/File Photo

BRUSSELS (Reuters) - The sum of 160 million euros from the proceeds of frozen Russian assets will be allocated to meet Ukraine's urgent humanitarian needs for this winter, European Commission President Ursula von der Leyen said on Thursday.

She added that a fuel power plant is being dismantled in Lithuania and will be rebuilt in Ukraine, where 80% of the country's thermal plants have been destroyed.

"We aim to restore 3.5 gw of capacity, which is 15% of Ukraine's needs," Von der Leyen said.

(Reporting by Julia Payne, Writing by Charlotte Van Campenhout, Editing by Philippa Fletcher)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Pakistan train hijack hostages end ordeal with arrival in Quetta
Duterte takes responsibility for Philippines drug war, anticipates long ICC battle
US Justice Department investigating New York migrant hotels, reports say
South Korea charges air force pilots with criminal negligence in accidental bombing of village
At US request, India arrests crypto administrator accused of money laundering
Russia lays out demands for talks with US on Ukraine, sources say
NASA, SpaceX delay flight that was to retrieve stuck astronauts
Int'l amber, jewelry fair showcases Baltic amber
Mark Carney to be sworn in as Canada's prime minister on Friday
U.S. stocks close mixed as weak CPI growth eases concerns

Others Also Read