G7 deal on $50 billion Ukraine loan seen in October, Gentiloni says

The Group of Seven wealthy democracies are likely to have a framework deal for a Russian-asset-backed $50 billion loan to Ukraine by October, in time to tap markets by year-end, European Economic Commissioner Paolo Gentiloni said on Thursday (25 July).

EU backs setting aside frozen Russian assets profits for Ukraine

EU member states on Monday (29 January) agreed unanimously to a plan to set aside billions of euros of windfall profits from Russian central bank assets frozen in Europe, in a first step of a plan towards their possible use for Ukraineโ€™s future reconst…