The EU will spend the revenue from frozen Russian assets on armaments for Ukraine. The head of EU diplomacy, Josep Borrell, proposed directing a significant part of the future second tranche of revenue from frozen Russian assets to the Ukrainian defense industry. According to Borrel... #BohdanaSPG #BorisPistorius #JosepBorrell #RussianAssetsArrested #RussianAssetsProfits #WeaponsforUkraine
Ukraine plans to reserve part of the $50B G7 loan for its financial needs after 2025. The G7 initiative for Ukraine that will provide $50B secured by revenues from frozen Russian assets eliminates the state budget deficit for 2025. However, the government plans to keep part of these fu... #DenysShmyhal #G7 #imf #LoanForUkraine #RussianAssetsProfits #UkraineBudget #UkraineFacility
The US wants additional guarantees regarding its share of the G7’s loan to Ukraine. The US wants to receive an additional premium on its share of Ukraine’s €45B loan to compensate for the sanctions-related risks that this agreement carries, wrote Politico. The premium being neg... #G7 #HungaryVeto #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SanctionsAgainstRussia
Northern European countries support Ukraine’s Victory Plan. In a joint statement made at the fourth Ukraine-Northern Europe summit in Reykjavik, the prime ministers of Iceland, Denmark, Norway, and Sweden stated that they support the Victory Plan. “We wi... #NATOUkraine #NorthernEurope #PeaceSummit2 #ReparationsForUkraine #RussianAssetsProfits #VictoryPlan #WarinUkraine
Ukraine expects to receive another $15B from its partners by the end of 2024. The Ministry of Finance of Ukraine expects to receive more than $15B in foreign aid in the last two months of 2024. During October 21-26, the ministry’s team led by Minister Serhii Marchenko hel... #financialaidforUkraine #G7 #imf #IMFtranche #LoanForUkraine #RussianAssetsProfits #SerhiyMarchenko
Ukraine will receive the first funds from the G7 $50B loan in December; Ukraine’s goal is to confiscate all frozen Russian assets. The leaders of the G7 countries have reached a consensus on providing about $50B in loans to Ukraine, secured by revenues from frozen Russian sovereign assets. In a communique published by world finan... #G7 #LoanForUkraine #OksanaMarkarova #RussianAssetsArrested #RussianAssetsProfits #worldbank
Scholz said the G7 is finalizing work on allocating a $50B loan to Ukraine; the US has confirmed this information. German Chancellor Olaf Scholz said that completing the work to provide the $50B loan agreed upon by the G7 countries is a clear signal to Putin regarding his long-term support for Ukraine. In turn, US... #ChristianLindner #G7 #JanetYellen #LoanForUkraine #OlafScholz #RussianAssetsArrested #RussianAssetsProfits
Ukraine will receive a $3B loan from Britain and €35B from the EU secured by frozen Russian assets. Ukraine will receive a loan from the UK for £2.26B ($2.93B), secured by profits from the frozen assets of the Russian Federation. The funds will become additional funding (up to £3B in military aid pe... #DenysShmyhal #G7 #GreatBritain #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits
The US agrees to provide almost $20B as part of the G7’s loan to Ukraine. According to FT, Western officials want to deliver funding to Kyiv by the end of the year, realizing that if Donald Trump wins the US elections in November, Washington’s aid to Ukraine is at ris... #G7 #imf #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #worldbank
The European Council insists on freezing Russian assets until the end of the war, but Orbán will not allow the sanctions regime to be adjusted. The conclusions of the European Council that were approved following a meeting with the participation of EU leaders on October 17 in Brussels emphasize the importance of fulfilling commitments to prov... #G7 #HungaryVeto #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #VictorOrban
The World Bank will create a fund that will help the US, Canada, and Japan participate in financing the promised $50B G7 loan to Ukraine for. The creation of the Financial Intermediation Fund (FIF) to assist Ukraine was supported on October 10 by all members of the international financial organization, with the exception of Russia. The fund... #FIF #G7 #LoanForUkraine #RussianAssetsProfits #SupportUkraine #worldbank
On what terms will Ukraine receive the EU’s €35B loan? The Council of the EU agreed to provide Ukraine with a €35B package of macro-financial assistance, which will be part of a €45B ($50B) G7 loan secured by the Russian Federation’s frozen assets. ... #EUCouncil #Hungary #LoanForUkraine #RussianAssetsProfits #SupportUkraine
The EU will change the current system of financing military support to Ukraine in response to Hungary. The EU plans to change its system of Ukrainian military support to bypass a Hungarian veto, circumventing the country that is loyal to the Russian Federation. On October 9, EU ambassadors are expected... #EuropeanPeaceFund #HungaryVeto #LoanForUkraine #MilitaryAidforUkraine #RussianAssetsProfits #SupportUkraine
Scholz assured Ukraine of further support and promised it would receive a loan of $50B. Can the funds go to the military? German Chancellor Olaf Scholz has assured Ukraine that it will receive a $50B loan secured by frozen Russian assets, and Kyiv’s support from its allies will not weaken. Scholz describes the loan... #LoanForUkraine #OlafScholz #RoksolanaPidlasa #RussianAssetsProfits #SupportUkraine
What is holding back the €35B EU loan for Ukraine? The European Commission’s initiative to provide Ukraine with a €35B loan, which will be repaid with income from frozen Russian assets, is not supported by some key EU countries. The loan is inte... #G7 #LoanForUkraine #RussianAssetsProfits #SupportUkraine
Dwindling funds from Ukraine’s partners endangers continued military aid. Military supplies for Ukraine for next year are in jeopardy due to some allies’ financial difficulties, and other countries are unwilling to increase their aid contributions. Ukraine is trying t... #G7 #LoanForUkraine #MilitaryAidforUkraine #RussianAssetsProfits #SupportUkraine #WarinUkraine
The G7+ leaders adopt a declaration on the rebuilding of Ukraine. The leaders of the G7 and more than 30 partner countries, as well as the EU, adopted a Joint Declaration to support Ukraine’s recovery and reconstruction, providing further military, economic, a... #G7 #ReparationsForUkraine #RussianAssetsProfits #SupportUkraine #UkraineRecovery #UkraineWarDamages
During her visit to Kyiv, Von der Leyen announced a €35B loan from the EU, energy support, and discussed accession negotiations. The President of the EC, Ursula von der Leyen, announced the allocation of a €35B loan to Ukraine on September 20. This loan is part of a $50B loan announced by the G7 countries and guaranteed by prof... #LoanForUkraine #RussianAssetsProfits #SupportUkraine #UkraineEUNegotiations #UrsulavonderLeyen
The EU will provide Ukraine with up to €40B in new loans by the end of the year, regardless of the US’ decision. The FT writes that unilateral actions are taking place against the background of Brussels’ concern that Hungary will prevent the bloc from providing the guarantees the US needs to participate in... #G7 #HungaryVeto #LoansForUkraine #RussianAssetsProfits
Ukraine will use interest from Russian assets to strengthen its defense capabilities. The EC proposes freezing the Russian central bank’s assets for five years in exchange for a $50B loan. “The Ministry of Defense of Ukraine plans to use these funds to purchase the necessary resources and means of protection that will help strengthen national security”, said Deputy Defense M... #DmytroKlimenkov #EuropeanCommission #MilitaryAidforUkraine #RussianAssetsProfits #RussianCentralBank
The EU will spend €300M of revenues from frozen Russian assets to purchase weapons for Ukraine from French manufacturers. As reported by the French Ministry of Defense, France has joined Ukraine’s new defense support program, established within the framework of the European Peace Fund. The program will allocate €1.4B in ... #EuropeanPeaceFund #France #RussianAssetsArrested #RussianAssetsProfits #WarinUkraine #WeaponsforUkraine
Kamala Harris’ potential victory has slowed the issuance of a $50B loan to Ukraine. The rapid popularity of US presidential candidate Kamala Harris worsened the prospects for a quick agreement on the terms of a $50B loan to Ukraine. As Politico explains, before President Joe Biden dr... #JoeBiden #KamalaHarris #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #USelections
The EU is not in a rush to provide Ukraine with the $50B loan secured by Russian assets, though Kyiv desperately needs it. The EU has still not taken the necessary steps to fulfill the agreement with the G7 and provide Ukraine with about $50B, secured by revenues from the Russian Federation’s assets, by the end of the yea... #G7 #LoanForUkraine #ReparationsForUkraine #RussianAssets #RussianAssetsProfits
The Ministry of Finance links the multibillion-dollar hole in the budget to delayed aid from the US and calls on the G7 to provide Ukraine with a $50B loan. Finance Minister Serhiy Marchenko has called on Ukraine’s Western allies to accelerate the $50B loan to Ukraine, arguing that delays in arms deliveries have led to a growing budget deficit, forc... #Creditors #G7 #imf #LoanForUkraine #RussianAssetsProfits #SerhiyMarchenko #UkraineBudget #UkraineBudgetDeficit
What threats does the reduction of international financial aid to $21.1B in 2026 pose to Ukraine? The NBU’s basic scenario envisages the preservation of significant volumes of external financing for Ukraine, which, however, will slowly decrease as Ukraine’s ability to fund its budget e... #financialaidforUkraine #LoanForUkraine #nbu #RussianAssetsProfits #SupportUkraine #UkraineBudget
Ukraine will receive $3.9B in direct budget support from the US, said Prime Minister of Ukraine Denys Shmyhal. He expressed hope that Ukraine will be able to receive $50B in 2025 through the G7 initiative to use the profits from frozen Russian assets. In addition, ... #DenysShmyhal #financialaidforUkraine #G7 #LoansForUkraine #RussianAssetsProfits #SerhiyMarchenko #UkraineBudget2024
Billions in aid arrives as the EU transfers the first €1.5B, and the US unexpectedly finds another $2B for military support. The EU announced the transfer of the first €1.5B tranche of frozen Russian asset profits to Ukraine. The money will be directed through the European Peace Fund to support Ukraine’s military and ... #EuropeanPeaceFund #Pentagon #RussianAssetsProfits #SupportUkraine #WarinUkraine #WeaponsforUkraine
The EU is preparing indefinite sanctions to be placed on Russian assets to enable Ukraine’s $50B loan as part of the G7 initiative. EU countries are discussing options for extending the period between reviews of the sanctions on the Russian central bank’s assets to ensure the operation of the G7 plan to provide Ukraine with ... #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia
The EU will adjust sanctions to ensure the earnings from frozen Russian assets are not interrupted. The EU has presented member states with two options to freeze Russian Central Bank assets for extended periods. It seeks to assuage US concerns over a G7 plan to leverage the profits from these assets... #G7 #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank #SanctionsAgainstRussia #SupportUkraine
The German government has confirmed that it has earmarked half the amount for military aid to Ukraine in the 2025 budget, counting on income from the Russian assets. In its draft budget for 2025, Germany will provide €4B for military aid to Ukraine, calculating that Kyiv’s needs for military support will be covered mainly by interest from the frozen assets o... #Bundestag #ChristianeHoffmann #Germany #MilitaryAidforUkraine #RussianAssetsProfits
The G7 agrees to distribute a $50B Ukrainian loan from revenues from frozen Russian assets, and Moscow continues to send new threats. The G7 members are currently negotiating the allocation of aid to Ukraine following the agreement that the G7 leaders reached in June at the summit in Italy to provide a $50B loan backed by proceeds f... #G7 #Japan #LoanForUkraine #RussianAssets #RussianAssetsProfits
Washington still needs to decide on the amount it will provide to Ukraine as part of the $50B loan secured by frozen Russian assets. The leaders of the G7 countries have agreed that each will provide Ukraine with a loan that will be repaid with the annual profit generated by frozen Russian assets. Politico believes that this proces... #G7 #GiorgiaMeloni #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #Washington
Ukraine will receive the first funds from the frozen assets of the Russian Federation this summer. This summer, the European Council hopes to direct to Ukraine the first revenues from profits generated by the assets of the Russian Central Bank, which were blocked in Europe after the Russian full-sc... #EuropeanCouncil #LoanForUkraine #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits #RussianCentralBank
Hungary will appeal the transfer of the proceeds from frozen Russian assets to Ukraine, blocking another €6.6B in support. The Minister of Foreign Affairs of Hungary, Péter Szijjártó, said “the EU crossed a red line” by using €1.4B in Russian asset revenue to finance the supply of weapons to Ukraine, while ... #Hungary #HungaryVeto #PeterSijarto #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #VictorOrban
The EU will start arming Ukraine with money earned from Russian assets. On June 24, EU countries approved the first tranche of military aid to Ukraine, about €1.4B, which will come from the proceeds of frozen Russian assets. The funds will be used to purchase equipment su... #G7 #HungaryVeto #JosepBorrell #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #WeaponsforUkraine
The G7 officially announced a $50B loan secured by Russian assets for Ukraine. Following the summit, the G7 leaders adopted a declaration outlining the details of the mechanism through which Ukraine will receive up to $50B in aid secured by frozen Russian assets. The leaders of ... #G7 #LoansForUkraine #ReparationsForUkraine #RussianAssetsProfits #SerhiyMarchenko #UkraineBudget
These are the details of the G7’s agreement to loan Ukraine $50B. The G7 countries have agreed on a loan structure based on the respective size of their economies that will provide Ukraine with about $50B in new aid, which will begin to arrive by the end of the year... #G7 #LoanForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine
The G7 will create a fund for Ukraine using income from frozen Russian assets. Nikkei reported that the G7 plans to create a new fund to support Ukraine through grants, using future income from frozen Russian assets. The World Bank will administer the fund and be funded by contr... #Euroclear #G7 #RussianAssets #RussianAssetsProfits #SupportUkraine
The G7 still hasn’t agreed on a mechanism for using profits from Russian assets to help Ukraine. At the G7 Summit in Apulia, Italy, on June 13-15, the leaders of the member countries hope to agree on using profits from Russian assets frozen in the West to provide Ukraine with budget support and h... #G7 #LoansForUkraine #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine
The EU is discussing using funds from the bloc’s budget to guarantee a loan to Ukraine but is leaning toward the US proposal. The European Commission is deliberating the use of future interest from frozen Russian assets to fund a multi-billion-dollar loan to Ukraine and guaranteeing this money through a seven-year EU budge... #G7 #LoansForUkraine #RussianAssets #RussianAssetsProfits #SupportUkraine #UkraineBudget2024
The US demands long-term sanctions against the Russian Federation from the EU in exchange for $50B in aid for Ukraine. The US is demanding guarantees from the EU that sanctions against Russia will be maintained in order to implement a loan mechanism that will provide Ukraine with a $50B loan secured by profits from fr... #G7 #LoansForUkraine #RussianAssetsConfiscation #RussianAssetsProfits #SanctionsAgainstRussia #SupportUkraine
The NBU explains what the confiscation of Russian assets depends on and how much can be obtained from their profits in 10 years. The European Central Bank (ECB) cannot confiscate frozen Russian assets, said NBU head Andriy Pyshnyi. As he explained, confiscation requires a consolidated decision and a legal basis. “It is ab... #AndriiPyshnyi #ECB #G7 #nbu #RussianAssetsConfiscation #RussianAssetsProfits
France supports the US proposal for a $50B loan to Ukraine, and Germany is ready to transfer profits to Ukraine. The French government has given its support to the US government’s proposal to use frozen Russian assets, which increases the chances of reaching a preliminary agreement at the meeting of G7 finance m... #BrunoLeMaire #France #G7 #LoansForUkraine #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsProfits
Problems in Ukraine and uncertainty about future financial support from the US are pushing allies to squeeze the maximum out of Russian assets. The EU has taken a small step towards fulfilling its pledge to “make Russia pay” for the war in Ukraine, agreeing to use the proceeds from frozen Russian assets to provide Kyiv with about ... #G7 #JanetYellen #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
Germany will support the US plan to provide Ukraine with $50B in aid secured by revenue from frozen Russian assets. Germany’s agreement could be a crucial step that moves Washington and its allies closer to receiving a major new aid package for Kyiv and secures US support regardless of the outcome of November... #G7 #Germany #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine
The EU approves the transfer of revenues from frozen Russian assets to Ukraine, 90% of which will go to the military. On May 21, the Council of the EU agreed on a conservative plan for the use of Russian assets for the benefit of Ukraine. It will allow Ukraine to receive €3B this year, the Minister of Foreign Affairs... #EUCouncil #EuropeanPeaceFund #JanLipavsky #RussianAssetsConfiscation #RussianAssetsProfits #SupportUkraine
The G7 will support the EU’s use of profits from frozen Russian assets but still refuses their confiscation. G7 finance ministers will back an EU plan next week to use proceeds from frozen Russian assets to help Ukraine’s military efforts. The US proposed the outright confiscation of Russian assets, bu... #G7 #JanetYellen #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
Ukraine considers it insufficient to receive only profit from Russian assets. The €3B in profits collected from frozen Russian assets is “almost nothing” compared to the amount that will be necessary to win the war against Russia, said Minister of Justice of Ukraine... #DenysMalyuska #MatthewMiller #ReparationsForUkraine #RussianAssetsConfiscation #RussianAssetsProfits
Ukraine has proposed three initiatives to attract EU funds to strengthen its defense industry. Minister of Strategic Industry Oleksandr Kamyshin said that Ukraine seeks to attract additional funds from the EU to strengthen its arms industry and implement additional production facilities unrelat... #AlexanderKamyshin #DefenseIndustryUkraine #EDIP #EuropeanPeaceFund #RussianAssetsProfits #WeaponsProduction
The EU has decided the fate of frozen Russian assets. The ambassadors of the EU agreed on what to do with the profits from the frozen assets of Russia, the Belgian Presidency of the Council of the EU has announced. The money will be used to support Ukrai... #Euroclear #RussianAssetsArrested #RussianAssetsProfits #SupportUkraine #UrsulavonderLeyen #ValerieUrbain
