Norobiik @Norobiik@noc.social on Nostr: #G7 nations have agreed on a loan structure based on the size of their economies to ...

#G7 nations have agreed on a loan structure based on the size of their economies to provide #Ukraine with about $50 billion of fresh aid which will start to flow by the end of the year.

The loans will be repaid using the profits generated by the roughly $280 billion of frozen #RussianSovereignAssets, most of which lie immobilized in #Europe.

G-7 Agree How to Tap Frozen Russian Assets for $50B to Ukraine
https://www.msn.com/en-us/money/markets/g-7-agree-how-to-tap-frozen-russian-assets-for-50b-to-ukraine/ar-BB1o8PpL