July 2, 2025
Christine Lagarde europe European Central Bank European Union G7 news Russia Ukraine World news

G7 leaders to discuss €30bn loan for Ukraine using Russian assets

G7 leaders to discuss €30bn loan for Ukraine using Russian assets

Finance ministers will debate legality of using €270bn in frozen state assets as collateral for loan

Divisions over whether Ukraine can lawfully be handed an extra €30bn (£26bn) loan drawn from €270bn in seized Russian state assets are likely to be aired at a meeting of G7 finance ministers this week in Stresa, northern Italy.

In another test of political will over Ukraine, the US has been canvassing support for the plan, with the money intended to help with Ukraine’s reconstruction or pay for badly needed arms.

Continue reading…

Related posts

Ukraine shoots down two Russian aircraft in disastrous day for Kremlin

TheWorldsNews

Body of Spain’s fascist party founder to be removed from basilica

TheWorldsNews

Only two European states have net zero military emissions target, data shows

TheWorldsNews

Pin It on Pinterest

Share This