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G7 leaders agree to $50bn loan for Ukraine at annual summit

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G7 nations have agreed upon a $50bn deal to fund Ukraine through profits on frozen Russian assets, Italian Prime Minister Giorgia Meloni has said. “I confirm to you that we have reached political agreement to provide additional financial support to Ukraine of approximately $50bn by the end of the year,” Meloni, who is hosting the G7 this year, said on Thursday.

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#G7 #UkraineSupport #RussianAssets #GiorgiaMeloni #FinancialAid #UkraineFunding #GlobalPolitics #Geopolitics
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World
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Al Jazeera, Al Jazeera English, Al Jazeera Live
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