Ukraine Gets $3B From Putin's Funds Held by NATO Ally
Ukraine War,Ukraine,Russia,Vladimir Putin,Ukraine Aid,NATO,United Kingdom,Europe,Eastern Europe
From the Center
AllSides Media Bias Rating: Center
Ukraine will receive a $3 billion loan from the United Kingdom to purchase military equipment, paid for by the profits generated from frozen Russian assets.
G7 members collectively froze about $280 billion of Russian central bank assets in response to Putin's invasion of Ukraine.
The vast majority of funds are in Europe and are expected to generate about $3-5 billion in profits a year.
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
AllSides Picks
Headline Roundup
Zelenskyy Faces Call for Elections From Fired Defense Minister, Says They Would 'Destroy' Ukraine
August 24th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
August 13th, 2026
Announcement
The AllSides Student Journalism Award Opens Sept. 1
AllSides Staff
August 24th, 2026
News
Under-reported Stories About Gun Regulations, Trump’s War on Drugs, and Canada’s MAID Program Demand a Closer Look
Malayna J. Bizier
August 24th, 2026
