$ 50 billion: G7 has agreed on how to use Russian assets to help Ukraine - Bloomberg
As a result, the G7 managed to develop a loan structure based on the size of their economies so that Kyiv receives a new assistance by the end of the year, which was told by sources that are familiar with this issue. It took several months to discuss a profit from enemy frozen assets. And at the summit that will be held in Italy, this plan should receive support.
"G7 countries will provide Ukraine with loans that will be repaid at the expense of profit from about $ 280 billion blocked funds, most of which are in Europe. The agreement will provide critical support for Ukraine in the medium term and will help cover its financial needs by 2025 and further ", - the message reads.
Anonymous insiders of journalists have shared that according to the mechanics that will be signed soon, the US and the EU will provide Kiev one credit, but the income from assets will already be used to return money. The structured funds will be different and will all depend on the internal procedures of each country involved. Accordingly, everyone will carry the risk if frozen assets bring less profit than expected.
For the Great Seven countries, the authors of the material continue, such a decision is a signal for Russia that the West intends to support Ukraine in the long run. "Income from frozen assets is estimated at 3 to 5 billion euros a year. The EU has already agreed to provide Ukraine with profit twice a year, but the decision -made decision provides frontal support and protects assistance from political changes on both side of the Atlantic per year numerous elections, " - the message reads.