EU and G7 planning to provide Ukraine with $50-billion loan from frozen Russian assets

The EU and G7 countries intend to provide Ukraine with a loan of about $50 billion from the frozen Russian assets, a representative of the European Commission’s press service told RIA Novosti.

According to him, the European Commission is working on the preparation of the proposal. They aim to provide this amount to Ukraine by the end of the year, together with the partners of the Group of Seven.