How 50 billion-dollar loan for Ukraine backed by frozen Russian assets will work
G7 leaders have agreed to engineer a 50 billion-dollar (£39.5 billion) loan to help Ukraine in its fight for survival. 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 reach Kyiv before the end of the year, according to US and French officials.
