European UnionMoney, minerals and reconstruction
Profits on Russian assets used for Ukraine
“(a) European Peace Facility: 5 %; (b) Union programmes financed from the Union budget: 95 %.”
- Promised
- In plan
- Legislated
- Funded
- Delivering
- Delivered
Where it stands
Five transfers so far, €8bn in all: €1.5bn (July 2024), €2.1bn (April 2025), €1.6bn (8 August 2025), €1.4bn (31 March 2026) and €1.4bn (3 August 2026). Since the second payment of 2025 the budget share goes to the mechanism that repays the G7 loans. How much of the earlier budget share reached the Ukraine Facility is not yet checked.
What has happened
- Promised. The Council decides to use the windfall profits on immobilised Russian central bank assets for Ukraine
- Legislated. The Decision and Regulation (EU) 2024/1469 are published in the Official Journal evidence
- Delivering. The Commission makes the first €1.5bn available for Ukraine evidence
- Reworded. The Council changes the split to 5% for the European Peace Facility and 95% for the EU budget, from the second payment of 2025 evidence
More detail
Sources (4)
Earlier wording (1)
- Version 2, 20 October 2026
The amounts of the financial contribution paid to the Union shall be used to support Ukraine, through the European Peace Facility established by Council Decision (CFSP) 2021/509 (*) and through Union programmes which are financed from the Union budget, according to the following key:(a) European Peace Facility:905 %; (b) Union programmes financed from the Union budget:1095 %. - Version 1, 20 October 2026The amounts of the financial contribution paid to the Union shall be used to support Ukraine, through the European Peace Facility established by Council Decision (CFSP) 2021/509 (*) and through Union programmes which are financed from the Union budget, according to the following key: (a) European Peace Facility: 90 %; (b) Union programmes financed from the Union budget: 10 %.
Checks
- Version 1, 20 October 2026: Quote checked word for word at its source on 21 October 2026
- Version 2, 20 October 2026: Quote checked word for word at its source on 21 October 2026
- Approved by Pavel Guzhikov, editor, on 21 October 2026: Approved for the first publication on the AI Journalist's check.
- Checked by AI Journalist (automated) on 21 October 2026: Quote checked word for word at its source; dates, events, evidence links, figures and wording checked against the cited sources, with fixes made before publication.
Related promises
- EU€90bn EU loan to Ukraine for 2026–2027“The European Council agrees to provide a loan to Ukraine of EUR 90 billion for the years 2026-2027 based on EU borrowing on the capital markets backed by the EU budget headroom.”
- Japan¥471.9bn Japanese loan in the G7 plan“Japan contributes to supporting Ukraine through providing Ukraine with a yen loan of 471.9 billion yen through a World Bank Financial Intermediary Fund, under the Extraordinary Revenue Acceleration (ERA) Loan initiative for Ukraine, which was agreed by the G7 Leaders last year and is to be repaid by future flows of extraordinary revenues stemming from immobilized Russian sovereign assets.”
- RepublicansSign a minerals agreement with Ukraine on Friday“President Zelenskyy is going to be coming on Friday. That's now confirmed. And we're going to be signing an agreement, which will be a very big agreement.”