HomeWorldFind out who will...

Find out who will release $50 billion to Ukraine

Photo: Getty Images

EU countries are not participating in this loan, also due to the fact that all these assets are frozen in Europe, explained Giorgia Meloni.

European countries will not directly participate in the $50 billion loan for Ukraine, which will be allocated from the proceeds of Russian fixed assets. Italian Prime Minister Giorgia Meloni said this at a press conference following the G7 Summit on Saturday, June 15.

“A $50 billion loan has already been announced, to be provided by the US, Canada, the UK and possibly Japan, within its existing constitutional limits,” he said.

Meloni argued that EU countries are not participating in this loan, due to the fact that all these assets are frozen in Europe.

“Therefore, Europe is already making its contribution by defining a guarantee mechanism for the repayment of this debt,” explained the Prime Minister, whose country currently leads the G7.

He added that the issue should be considered by the European Council and technically should be resolved by European finance ministers.

On the eve of George, Meloni confirmed that G7 leaders had reached a political agreement to provide Ukraine with about $50 billion in support from Russian fixed assets. The money should be allocated by the end of this year.

It was also learned that Ukraine has set its own conditions for the allocation of $50 billion.

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

5 K-Pop songs that were inspired by books and movies

With Brazilian reference included; Meet 5 songs by K-Pop artists who had books, animations and movies like InspirationThat art inspires thousands of people around the world everyone knows. She, who with her particular meanings and detailed details, is able to sensitize and become a model for new...

What are the movies that make up the age of Disney’s shadows?

Find out what are the films released by Disney that were marked by the characteristics of the studio's shadows ageDo you know what was the age of Disney's shadows? Also called the Dark Era, it was obscure, the darkness and was bronze, this is the period marked...

Zelensky Obel on Trump’s drugs with Putin: this Russia is the water world

President Volodymyr Zelensky reacted to the conversation of Donald Trump with Vladimir Putin. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Many spoke with Russia and at different levels. No...