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G7 agreed on a $50 billion loan to Ukraine at the expense of Russian assets: details

The Elysee Palace confirmed the agreement on a loan to Ukraine secured by profits from frozen assets of Russia. The leaders of the G7 countries reached an agreement in principle to allocate $50 billion to Ukraine by the end of 2024 through the use of frozen Russian assets.

He writes about it edition The world.

According to the report, Ukraine will receive a loan secured by profits received from frozen assets of Russia. The decision is expected to be formally approved at the Group of Seven summit on June 13-14.

There is an agreement. As always in the G7, the leaders make the decision and the technicians then do their work to shape it.”, said a representative of the Elysee Palace.

Earlier, the G7 finance ministers supported the idea of ​​providing such a loan to Ukraine. The purpose of providing funds is to ensure the financing of Kyiv after 2024.

Key points:

  • $50 billion: the amount of credit that Ukraine will receive by the end of 2024.
  • Frozen Russian assets: the loan will be secured by profits from frozen Russian assets.
  • G7 Summit: Official approval of the decision is expected at the June 13-14 summit.
  • The purpose of the loan: to provide financing for Ukraine after 2024.

 

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