The G7 countries, including the UK, have pledged $50 billion in financial assistance to Ukraine, collateralizing profits from frozen Russian assets. The UK and the US have also imposed new sanctions on Russia, targeting Putin's 'shadow fleet' and suppliers to the Russian military.
Eastern Germans express skepticism towards arms deliveries to Ukraine amid the ongoing conflict. Finance Minister Christian Lindner hints at a supplementary budget allowing higher borrowing and potential exemptions from austerity measures to support the aid efforts.
The G7 plan aims to utilize over $300 billion worth of frozen Russian assets primarily in the EU to provide substantial aid to Ukraine, with detailed technical aspects to be finalized soon.
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