2024-06-13 09:02:26

G7 Countries Rally to Provide Financial Aid to Ukraine from Frozen Russian Assets

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The G7 countries have united to offer a substantial financial aid package totaling $50 billion to Ukraine, sourced from frozen Russian assets' interest. The UK has additionally pledged a new aid package of 286 million euros for Ukraine.

Concerns arise over the delivery of arms to Ukraine, with Eastern Germans expressing skepticism. Amid escalating tensions, the USA and Ukraine plan to sign a bilateral security agreement, emphasizing mutual support.

As the situation unfolds, G7 leaders focus on ironing out technical details to ensure effective allocation of funds, with a significant portion designated for the European Peace Facility and the Ukrainian defense industry. International support for Ukraine intensifies, with discussions ongoing regarding debt issuance and risk-sharing to bolster financial assistance efforts.

EURACTIV.com
13. Juni 2024 um 04:30

G7 leaders expected to agree Russian frozen assets funding deal for Ukraine

Politics
Finance
G7 leaders are set to agree on providing financial aid to Ukraine using frozen Russian assets. The plan involves allocating funds to the European Peace Facility and the Ukraine Assistance Fund. However, details such as debt issuance and risk-sharing are still being discussed.
DER SPIEGEL
13. Juni 2024 um 05:59

Ukraine: G7 countries decide to pay 50 billion US dollars from Russian assets - DER SPIEGEL

Politics
Finance
The G7 countries have decided to pay 50 billion US dollars to Ukraine by the end of the year from the interest on frozen Russian assets. In addition, bilateral aid for Ukraine amounting to up to 242 million pounds is announced. US President Joe Biden and Ukrainian President Volodymyr Zelensky will sign a bilateral security agreement.
n-tv.de
12. Juni 2024 um 22:30

Ukraine war in the live ticker: +++ 08:14 Police: "Fragments of dangerous cluster munitions" found in the Kyiv region +++ - n-tv.de

Politics
Dangerous cluster munitions were found in the Kyiv region after a Russian missile attack, posing a threat to the population. Russia is installing a new air defense system in the occupied Crimea, while Armenia is leaving the Russia-led military alliance CSTO. The British Prime Minister announces bilateral assistance of GBP 242 million for Ukraine at the G7 summit.
n-tv.de
13. Juni 2024 um 06:48

Interest on Russian funds: G7 countries agree on billion-dollar aid for Ukraine - n-tv.de

Politics
Finance
The G7 countries have agreed on a billion-dollar aid package for Ukraine, which is supposed to come from the interest on frozen Russian assets. The $50 billion loan is scheduled to be paid out by the end of the year. In addition, the USA and Ukraine plan to sign a bilateral security agreement.
CW

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