G7 leaders agree to $50bn loan for Ukraine at annual summit
Briefly

Italian PM confirms $50bn deal to fund Ukraine from frozen Russian assets. G7 unity showcased during summit. G7 countries to contribute to multiyear loan using Russian impounded funds.
Ukraine's President Zelenskyy thanks G7 for support, emphasizes need for more weapons. Loan plan complicated by potential unfreezing of Russian assets in the future.
European Commission President notes each G7 country to contribute to Ukraine loan package using Russian asset profits. Finance ministers working on loan details and backstops.
Germany's Finance Minister Christian Lindner celebrates G7 unity after $50bn Ukraine funding agreement. Leaders emphasize support for Ukraine amidst ongoing conflict.
Read at www.aljazeera.com
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