Europe

Immobilised resources: Authorities greenlights around EUR35 billion in macro-financial assistance to Ukraine and new lending device applying G7 devotion

.The Council today used a financial aid bundle to Ukraine, featuring an exceptional macro-financial support (MFA) funding of up to EUR35 billion and also a finance cooperation system that are going to support Ukraine in paying back car loans for up to EUR45 billion supplied by the EU as well as G7 companions. Repayment will definitely be sustained through funds arising from phenomenal incomes on call to the EU coming from the immobilisation of Russian sovereign assets.