$50 billion credit score might be granted by the G-7 international locations to Ukraine. For this goal, the revenues from frozen Russian state belongings might be used. This was indicated by diplomatic sources. At present was the primary day of the summit in Italy of the leaders of the world’s most superior economies. The knowledge is from DPA, quoted by BTA.
Ukraine will use the funds to strengthen its navy protection towards Russia. And extra: to revive the infrastructure and to finance the state price range.
The US authorities has indicated that about 280 billion USD of belongings of the Russian Central Financial institution (RCB) have been blocked by Western international locations. This occurred due to the sanctions imposed on Moscow for the reason that starting of the invasion of Ukraine greater than two years in the past.
Nearly all of the frozen funds are within the territory of the EU. The bloc’s member international locations just lately accredited that curiosity accrued on Russian belongings be used to finance help to Kiev.
The Brussels-based monetary establishment Euroclear, which at present holds the biggest a part of the frozen belongings of the Central Financial institution, just lately introduced that it collected about 4.4 billion euros in curiosity in 2023.
Planning the construction of the mortgage package deal has been occurring for months. The USA initially insisted on utilizing not solely the curiosity earnings, but in addition the frozen belongings themselves, and with them present monetary help to Kiev. Nonetheless, some European international locations have severe reservations about such an method.
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