The leaders of the Group of Seven (G7) nations reportedly agreed to a deal Thursday to give Ukraine $50 billion in loans backed by frozen Russian central bank assets, signaling continued support ...

Last June, the G7 approved a $50 billion loan to Ukraine, financed by Russian assets largely frozen in EU countries ... Click on 'follow', next to our logo above.

money that will be repaid over time from the interest accumulating on frozen Russian financial assets, a senior U.S. official told reporters. G7 leaders are still working out the details of ...

Finance ministers and central bank governors from the Group of Seven democracies agreed during a meeting in western Canada ...

The money would come from interest accrued on some $300 billion. G7 leaders on Thursday agreed to lend Ukraine $50 billion this year -- backed by profits from frozen Russian assets -- to help the ...

The summit starts Thursday in Italy. President Joe Biden's key priority at the G7 summit in Italy this week is to solidify an agreement that could provide some $50 billion to Ukraine using profits ...

The interest earned on profits from Russia’s frozen central bank assets will be used as collateral. Italian Premier Giorgia Meloni welcomed the G7 leaders to the summit, emphasizing the ...

Interest earned on profits from Russia’s frozen central bank assets would be used as collateral. Details of the deal were being hashed out by G7 leaders at their summit in Italy. The money could ...

The new Group of Seven (G7) plan to fund Ukraine using profits from frozen Russian assets is a “breakthrough,” but Ukraine’s goal is still to seize the full worth of the assets, said experts ...

“Hopefully, we can mobilize it and get broad support outside of the G7.” Lawmakers were early proponents for seizing and transferring to Kyiv the Russian currency reserves that were frozen by ...

G7 members froze about $280 billion in Russian assets after the invasion began in February 2022, and the proposal would use the interest generated on the frozen assets, which is about $2.6 billion ...