The Group of Seven (G7) has reached an agreement to provide Ukraine with approximately $50 billion in loans backed by the revenue from foreign Russian assets, the G7 announced on Oct. 25.

“Our aim is to begin disbursing the funds by the end of the year,” a statement from the G7 leaders read.

During the G7 summit in Italy in June, G7 leaders publicly confirmed an agreement on the plan to provide Ukraine with a $50 billion loan. Officials said shortly thereafter that the plan would be finalized in October.

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  • @small44
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    7
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    29 days ago

    A loan? should be a donation

    • @[email protected]
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      029 days ago

      It’s really wild how imperial media frames these loans as “aid” when it’s flagrant war profiteering.

      • @InverseParallax
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        028 days ago

        Off of Russian money.

        They’re loans against the Russian money, paid for by yields off Russian money, given to Ukraine as weapons aid.

        Sounds awesome to me.

  • Media Bias Fact CheckerB
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    -429 days ago
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  • @McDropout
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    29 days ago

    My tax dollars going to a cause I do not support 👁️👄👁️

    These Russian assets could’ve been reinvested in our countries rather than defending a foreign country that doesn’t belong to NATO or EU, just because they‘re white.

    • @Passerby6497
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      1629 days ago

      My tax dollars going to a cause I do not support 👁️👄👁️

      If Russian assets are your tax dollars, go back to the motherland and tell Daddy vladdy to get the fuck out of Ukraine.

      just because they‘re white.

      👀

    • tired_n_bored
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      1429 days ago
      1. This money comes from interests on russian money
      2. What would have changed if Ukraine was in NATO or EU for you to support it? Ukraine is facing a brutal war of aggression, the biggest European land grab since WW2 and we should do nothing, just sitting here, while modern-day Hitler does whatever he wants?
    • @x00z
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      429 days ago

      It’s not your tax dollars silly Russian.