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.

Tagesschau - Internationale Nachrichten aus aller Welt
13. Juni 2024 um 21:30

War against Ukraine ++ UK announces new aid package ++

Politics
Finance
The UK announces a new aid package of 286 million euros for Ukraine. Eastern Germans are skeptical of arms deliveries to Ukraine. The G7 countries agree to pay 50 billion dollars to Ukraine by the end of the year.
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.
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.
EURACTIV.de
13. Juni 2024 um 07:59

Ukraine: G7 agrees on use of frozen Russian assets

Politics
Finance
The G7 leaders have agreed on a 50 billion dollar financial aid package for Ukraine, to be sourced from frozen Russian assets. The technical details are to be worked out after the G7 summit. The plan envisions that 90 percent of the funds will flow to the European Peace Facility and the aid fund for Ukraine, while the remaining ten percent is to be allocated to the EU budget and the Ukrainian defense industry.
CW

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