Europe

Immobilised assets: Council greenlights approximately EUR35 billion in macro-financial assistance to Ukraine as well as brand new funding device applying G7 devotion

.The Council today embraced a financial aid deal to Ukraine, including an awesome macro-financial help (MFA) finance of as much as EUR35 billion as well as a financing cooperation device that are going to sustain Ukraine in paying back loans for around EUR45 billion provided due to the EU as well as G7 companions. Settlement is going to be actually supported through funds originating from phenomenal profits offered to the EU stemming from the immobilisation of Russian sovereign resources.

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