France to use frozen Russian assets to finance Ukraine military aid

France’s defence ministry on Friday announced that it will use a share of €1.4 billion euros in revenue from frozen Russian assets to finance the purchase of military equipment for Ukraine. EU member states agreed in May to use the interest generated by seized assets belonging to the Russian central bank to support Kyiv, a decision Russia has denounced as “illegal”. Read our blog to see how the day’s events unfolded.

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