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World leaders have struck a deal to use the profits of frozen Russian assets to secure a loan of “approximately $50 billion“ to aid Ukraine financially, according to a declaration to be issued by a summit of the G7, seen by POLITICO. Diplomats had already laid the ground for a preliminary agreement as leaders from the group of seven advanced economies gathered on Thursday in Puglia, Italy, for the start of a three-day meeting. Speaking on the sidelines of the summit, European Commission President Ursula von der Leyen hailed the deal as “a strong signal.” #g7summit2024 #italy #russiaukrainewar #news18 News18 Mobile App -
