The #european_union agreed on Tuesday to utilize the interest accrued from the frozen assets of the #russian_central_bank to support #ukraine in terms of both military assistance and economic reconstruction. Annual revenue is expected to be around €2.5 to €3 billion, and 90% of the expected revenues will be used for military purposes to support the defense of Ukraine. The allocation will be reviewed annually, starting January 1, 2025. Additionally, Treasury Secretary #janet_yellen has stated that the #united_states government is prepared and willing to utilize $300 billion of frozen Russian assets similarly.