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International Business Times
International Business Times
Science
Alice RITCHIE and Danny KEMP

G7 To Agree $50-bn Ukraine Loan At Italy Summit

G7 Ukraine Italy Joe Biden United States Volodymyr Zelenksyy Christian Lindner Emmanuel Macron Giorgia Meloni Jake Sullivan
Security at the summit is tight, with the venue far away from protesters and journalists (Credit: AFP)

G7 leaders were set to agree on a new $50-billion loan for Ukraine as they gathered Thursday for a summit in southern Italy, using the profits from frozen Russian assets.

Ukrainian President Volodymyr Zelensky will join US President Joe Biden and leaders from Italy, Britain, France, Germany, Canada and Japan for the talks at the luxury Borgo Egnazia resort in Puglia.

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