Group 7 plans to assist Ukraine with Russian cash »

by times news cr

Lean – conscious

US Treasury Secretary Janet Yellen introduced at a Senate committee listening to that the G7 is discussing allocating a mortgage to Ukraine and repaying it with proceeds from Russian belongings.

“We mentioned the potential for offering G7 loans to Ukraine and utilizing the proceeds from frozen Russian belongings to repay these loans,” Yellen stated.

In line with her, “this plan appears to have a whole lot of help,” and he or she expressed her hope that it will be offered to the leaders of the G7 international locations on the upcoming Italian summit.

Earlier, the European Council adopted a call obliging the monetary establishments of the European Union, which have a couple of million euros in frozen Russian belongings, to start out transferring revenue from their reinvestment to the European Fee twice a yr , with 90% of these funds getting used. to purchase weapons.

The European Union has frozen about 210 billion euros of Russian sovereign belongings, and American officers introduced earlier that the West won’t return its frozen funds value about 300 billion {dollars} to Russia, “till that Moscow pays the worth” for the particular army operation i. Ukraine.

Moscow has repeatedly warned that the confiscation and freezing of Russian belongings by the West may have damaging penalties for the event of the worldwide monetary system, and confused that it’s going to face all such steps of the West indefinitely. “

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2024-06-07 05:00:20

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