ERA initiative

Japan Loans Ukraine $3 Billion from Frozen Russian Assets

Japan has committed a US$3 billion loan to Ukraine, finalized through an agreement signed on June 5th, 2025. This substantial contribution is part of the G7’s Extraordinary Revenue Acceleration (ERA) initiative, leveraging frozen Russian assets to fund Ukraine’s needs. The funds, channeled through JICA, will bolster Ukraine’s state budget, prioritizing economic stability and recovery. This represents a significant step in the ongoing international effort to support Ukraine’s resilience against Russian aggression.

John Q. Hosedrinker Jun 5, 2025

Russo-Ukrainian War

EU Uses Frozen Russian Asset Interest for Ukraine Aid

Ukraine received its third €1 billion payment from the EU’s Extraordinary Revenue Acceleration (ERA) initiative, funded by interest from frozen Russian assets. This tranche will cover essential government spending. The EU also requested a second tranche of windfall profits (€2.1 billion) from the same assets, allocating funds to Ukrainian and EU defense procurement and recovery efforts. The ERA initiative aims to utilize profits from frozen Russian assets to support Ukraine without incurring debt, holding Russia accountable for its invasion.

John Q. Hosedrinker Apr 10, 2025

ERA initiative

Japan Loans Ukraine $3 Billion from Frozen Russian Assets

EU Uses Frozen Russian Asset Interest for Ukraine Aid

Stories You May Have Missed

Kagan Warns of Constitutional Violation in Supreme Court’s Texas Map Ruling

Americans of All Ages Under Strain, Distrust Institutions, Poll Finds

Grand Jury Declines to Charge Letitia James, Cases Dismissed

Putin’s Donbas Ultimatum: Force or Withdrawal, And What Took So Long?