G7

G7 may lower Russian oil price cap

The G7 countries are planning to revise the price cap on Russian oil to reduce Moscow's hard currency income, Bloomberg reported on Feb. 18.

18 February 2025, 11:31 PM

France shuts door on Trump’s call to bring Russia back to G7

Russia's return to the G7 is currently "unthinkable," French Foreign Minister Jean-Noël Barrot said on French television, Le Figaro reported on Feb. 16.

17 February 2025, 12:58 PM

G7 ties future Russia sanctions to peace talks

During the Munich Security Conference in Germany, foreign ministers from the Group of Seven (G7) countries met, with Ukraine’s acting Foreign Minister Andriy Sybiha participating in part of the discussions, European Pravda reported on Feb. 15.

16 February 2025, 11:55 AM

G7 ambassadors push Ukraine to stabilize military procurement efforts

The Group of Seven (G7) nations ambassadors have called for a swift resolution to the ongoing conflict surrounding the Defense Procurement Agency (DPA) in Ukraine, the organization joint statement wrote, published on X on Jan. 27.

28 January 2025, 11:00 AM

Baltic and Nordic countries push for lower Russian oil price cap

The European Commission has received a letter from ten EU member states in the Baltic and Northern Europe regions, urging a reduction in the price cap on Russian oil, news agency Interfax-Ukraine reported on Jan. 13.

14 January 2025, 11:03 AM

EU transfers first $3 billion from frozen Russian assets to Ukraine

The European Union has transferred €3 billion to Ukraine’s state budget, marking the first disbursement from frozen Russian assets under the G7’s Extraordinary Revenue Acceleration for Ukraine (ERA) initiative, Finance Ministry wrote on Jan. 10.

10 January 2025, 03:37 PM

Ukraine to create mechanism for full confiscation of frozen Russian assets

The G7 nations and the European Union will allocate $50 billion to Ukraine in 2025, backed by frozen Russian assets, Interfax-Ukraine reports on Jan. 3.

4 January 2025, 09:24 PM

Russian assets to remain frozen until reparations for Ukraine are arranged — EU

Europe will continue to use revenues from frozen Russian assets to support Ukraine during the war and after its conclusion, the European Council said in a communique on Dec. 19.

19 December 2024, 09:35 PM

US extends Ukraine $20 billion loan derived from Russian assets

The United States has allocated a $20 billion loan to Ukraine, funded by revenue from frozen Russian financial assets, the U.S. Department of the Treasury announced on Dec. 10.

10 December 2024, 11:38 PM

Ukraine and EU sign €35 billion credit agreement for macro-financial assistance

Ukraine and the European Union signed a credit agreement providing up to €35 billion ($37 billion) in macro-financial assistance (MFA), according to a statement released on Dec. 4 by the Ukrainian Ministry of Finance.

4 December 2024, 11:52 AM

G7 ‘strongly condemns’ Russian IRBM attack on Ukraine

The foreign ministers of G7 countries strongly condemned Russia striking Dnipro City with an intermediate-range ballistic missile (IRBM) on Nov. 21.

26 November 2024, 08:29 PM

Supporting Ukraine now outweighs fallout if Russia wins

It is more cost-effective for Kyiv's allies to provide funding to Ukraine now and prevent it from losing the war than to invest in their own additional defense and deal with refugees if Russia succeeds, IMF permanent representative in Ukraine Priscilla Toffano said, the Interfax-Ukraine news agency reported on Nov. 22.

22 November 2024, 01:33 PM

Japan to provide Ukraine with over $3 billion loan under G7 initiative using frozen Russian assets

Japan will grant Ukraine a loan of 471.9 billion yen ($3.08 billion) as part of the G7’s “Emergency Revenue Accelerating Loans for Ukraine” (ERA) initiative, using frozen Russian assets, Nikkei reports.

29 October 2024, 12:06 PM

G7 agrees to grant Ukraine $50 billion from frozen Russian assets

G7 leaders have reached a consensus to grant Ukraine a loan of approximately $50 billion, secured by revenue from frozen Russian assets.

26 October 2024, 10:34 AM

US to provide Ukraine with $20 billion using Russian assets

The United States will provide Ukraine with $20 billion in aid using proceeds from frozen Russian assets, President Volodymyr Zelenskyy announced in his Oct. 23 evening address.

23 October 2024, 10:15 PM

US, Japan, Canada to contribute to World Bank fund supporting Ukraine

The World Bank's executive board approved the creation of a financial intermediary fund (FIF) to support Ukraine on Thursday, Oct. 10. Contributions are expected from the United States, Canada, and Japan, according to Reuters, citing three sources familiar with the decision.

11 October 2024, 01:28 PM

Zelenskyy presents victory plan to G7 allies, President's Office says

Ukrainian President Volodymyr Zelenskyy discussed his victory plan with various allies, including G7 leaders, Andriy Yermak, head of the Presidential Office, said on national television on Sept. 29.

29 September 2024, 06:35 PM

G7 and EU commit to holding Russia accountable through asset freeze

G7 members and the EU have frozen $280 billion worth of Russian Central Bank funds held outside of Russia, U.S. President Joe Biden announced during the G7+Ukraine format meeting in New York on Sept. 25, according to the Interfax-Ukraine news agency.

26 September 2024, 10:35 AM

Zelenskyy briefs Biden on front situation ahead of key Washington talks

Ukrainian President Volodymyr Zelenskyy met with his US counterpart Joe Biden on the sidelines of the UN General Assembly in New York on Sept. 25, the Ukrainian presidential press service reported the following morning.

26 September 2024, 08:00 AM

Zelenskyy arrives in US to meet with world leaders, Harris, Trump, present Ukraine's victory plan

Ukrainian President Volodymyr Zelenskyy arrived in the United States on Sept. 22 to attend the UN General Assembly and meet with world leaders, according to his video address posted on Telegram taken from aboard the plane en route to Pennsylvania.

23 September 2024, 07:50 AM

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