Tag: funds
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G7 Leaders Agree to $50 Billion Loan for Ukraine Using Frozen Russian Assets
The United States and Ukraine have officially signed a 10-year military pact, marking a significant development in international defense collaborations. This agreement, aimed at bolstering Ukraine’s military capabilities, comes at a critical time and underscores the US’s commitment to Ukraine’s security and sovereignty. Further details of the pact, including specific commitments and how it aligns…
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EU Proposes Using Frozen Russian Asset Revenues for Ukraine Arms Fund
The European Union is considering a proposal to allocate funds generated from frozen Russian assets towards military support for Ukraine, as detailed by the EU’s foreign policy chief, Josep Borrell. This initiative aims to use 90% of the revenue from these assets, estimated to generate up to 27 billion EUR over four years, to finance…