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)

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