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G7 to agree $50-bn Ukraine loan at Italy summit

Published by Naij on Thu, 13 Jun 2024


G7 leaders were set to agree on a new $50-billion loan for Ukraine as they gathered Thursday for a summit in southern Italy, using the profits from frozen Russian assets. The European Union agreed earlier this year to use the profits from the frozen Russian assets for Ukraine, worth up to three billion euros a year.
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