Denmark leads EU strategy to reinvest frozen Russian assets in Ukrainian defence

The EU Commission has asked the Danish government to lead its work to distribute some DKK 2.9b in interest income from frozen Russian assets as support for Ukraine. The assets will be converted into direct investments in manufacture and procurement of military equipment.

Ukrainian President Volodymyr Zelenskyy and Danish Minister of Defence Troels Lund Poulsen Ukraine shaking hands during a visit in Ukraine from 13-14 September 2024. Photo: Forsvarministeriet

Sep 25, 2024

The EU Commission has asked the Danish government to lead the work to convert the interest income from frozen Russian assets to support for Ukraine, the Danish Ministry of Defence announced on 30 August. EU member states agreed in the spring to release part of the capital for the Ukraine through the European Peace Facility. […]

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