WASHINGTON (AP) — Leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia ...

At this critical moment, the European Union should seize the immobilized Russian sovereign assets that sit in Europe and use ...

Ukraine has received 1 billion euro ($ 1.1 billion) from the European Union under the G7's Extraordinary Revenue Acceleration (ERA) initiative, the European Commission announced on May 8. The ERA ...

WASHINGTON--Group of Seven finance leaders said on Friday that $50 billion in bilateral loans to Ukraine backed by frozen Russian assets would become available for disbursements starting Dec. 1 ...

The funds are part of the G7 countries' Extraordinary Revenue Acceleration for Ukraine (ERA) initiative, with a total volume of approximately US$50 billion. The loan will be serviced and repaid ...

Moscow Calls Japanese Loan to Ukraine Backed by Frozen Russian Assets ... which aims to provide Kyiv with $50 billion for reconstruction. Russian Foreign Ministry spokeswoman Maria Zakharova ...

In October 2024, G7 countries came to an agreement that pledged to provide Ukraine with almost $50 billion loan. The United States will contribute the bulk of the loan with $20 billion in assistance.

In 2024, the G7 agreed to jointly provide Ukraine with a US$50 billion loan backed by Russian assets. Though formally disbursed as credit, the funds are to be repaid using interest accrued from ...

The loan will be repaid using future revenue ... follows a July 2024 agreement by G7 and EU leaders to allocate $50 billion to Ukraine, to be financed by interest accrued on roughly €280 billion ...

This initiative is intended to provide Ukraine with around €45 billion in financial support. These loans are to be repaid using the income generated from frozen Russian state assets in the EU. With ...