EU and G7 plan to provide Kyiv with loan repaid from proceeds of frozen Russian assets

YEREVAN, SEPTEMBER 5, ARMENPRESS. The EU and the G7 countries intend to provide Ukraine with a loan in the amount of about $ 50 billion with repayment from proceeds from frozen assets of the Russian Federation, a representative of the EC press service told RIA Novosti.

"On the part of the European Commission, we are moving forward in this work. The work continues," the agency interlocutor said.

He added that "the goal is to jointly provide Ukraine with about 50 billion US dollars in loans by the end of the year with partners in the Big Seven."