Politics

G7 agrees to provide $50 billion loan to Ukraine using frozen Russian assets

 13.06.2024, 20:52
G7 leaders meet in PAP/EPA/CIRO FUSCO
G7 leaders meet in southern Italy. Photo: PAP/EPA/CIRO FUSCO

The G7 plan for Kyiv is based on a multi-year loan using profits from some $300 billion of impounded Russian funds.