G7 Provides $50B to Ukraine from Russian Assets

The G7 countries announced that they have transferred approximately $50 billion from the proceeds of frozen Russian assets to Ukraine since the beginning of 2024. Ukraine received $49.4 billion by the end of September, including $1 billion from Washington at the end of 2024, followed by $37.9 billion in 2025 and $10.5 billion in 2026, all financed from the frozen assets. The freezing of over €210 billion of the Russian Central Bank's assets within the European Union has irked Moscow, which considered this action illegal and warned of a potential response if Russia's assets are confiscated again.

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