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Market
Total annual EU allocation from Russian assets to Ukraine by end of 2024
4
Resolution / Starting Odds
€2.5 billion • 33%
€3 billion • 33%
More than €3 billion • 34%
EU financial reports or statements
Story
EU to Allocate €2.5-3 Billion Annually from Frozen Russian Assets for Ukraine Defense
May 8, 2024, 04:20 PM
European Union envoys have reached a tentative agreement to allocate profits from frozen Russian assets to support Ukraine. The funds, estimated to be between €2.5 billion and €3 billion annually, will be used primarily for military aid and defense against Russia's invasion. These profits stem from Russian sovereign assets immobilized in the EU, particularly in Belgium, and are part of an estimated €4.4bn windfall. The decision, still pending legal approval, aims to bolster Ukraine's military capabilities and overall recovery efforts. This financial strategy was agreed upon by EU diplomats in Brussels and involves the European Peace Facility (EPF) to channel 90% of these funds directly for arms purchases.
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Similar markets
Less than €2.5 billion • 33%
€2.5 billion to €3 billion • 33%
More than €3 billion • 34%
Yes • 50%
No • 50%
Less than $1 billion • 25%
$1 billion to $5 billion • 25%
$5 billion to $10 billion • 25%
More than $10 billion • 25%
Less than €7.1 billion • 25%
Between €7.1 billion and €11 billion • 25%
Between €11 billion and €15 billion • 25%
More than €15 billion • 25%
$50 billion or less • 25%
$51 billion to $150 billion • 25%
$151 billion to $250 billion • 25%
More than $250 billion • 25%
US contributes more • 33%
EU contributes more • 34%
Contributions are about equal • 33%
€977 million to €1 billion • 25%
€1.01 billion to €1.1 billion • 25%
€1.1 billion to €1.2 billion • 25%
More than €1.2 billion • 25%
Yes • 50%
No • 50%
Under €1 billion • 33%
Between €1 billion and €2 billion • 33%
Over €2 billion • 33%