G7

Ukraine raises external budget funding request to $35 billion for next year

Ukraine’s Ministry of Finance announced it needs $35 billion in external funding for next year’s budget, up from the $22.7 billion estimated by the IMF’s EFF program, according to Deputy Finance Minister Olha Zykova.

21 August 2024, 12:16 PM

Western companies insure Russian oil tankers defying G7 sanctions

Western insurance companies have been providing coverage for Russian oil tankers, despite G7 price caps and sanctions aimed at reducing Russia's ability to finance its war in Ukraine, Reuters reported on Aug. 8.

8 August 2024, 04:24 PM

Chechen leader claims Putin legalized killing critics during G8 summit

Akhmed Zakayev, the head of the Chechen Republic of Ichkeria's government in exile, recalled how, during the 2006 G8 summit in St. Petersburg, Russia, led by Vladimir Putin, legalized the killing of government critics. Zakayev shared these details in an interview with Radio NV on Aug. 6.

7 August 2024, 05:13 PM

Ukraine set to receive $50 billion G7 loan by October

The G7 countries are likely to finalize a framework agreement to provide Ukraine with a $50 billion loan using proceeds from frozen Russian assets by October, European Economic Commissioner Paolo Gentiloni announced during a meeting of G20 finance ministers and central bankers in Rio de Janeiro, Reuters reported on July 25.

26 July 2024, 11:13 AM

Parliament’s promising reform of Economic Security Bureau

The final round of talks between government officials and G7 ambassadors regarding the reform of Ukraine’s Economic Security Bureau (ESB) was tense and even threatened the 15$ billion IMF program.

21 June 2024, 11:36 PM

US and G7 pledge to boost cybersecurity for energy systems

The United States and leaders of G7 countries pledged to strengthen the cybersecurity of the world's electricity, oil, and gas supply systems, White House National Security Advisor Jake Sullivan said, according to the White House press service on June 18.

19 June 2024, 10:45 AM

What the $50 billion G7 loan means for Ukraine — analysis

The G7 countries have greenlit a $50 billion loan to Ukraine, secured against the proceeds from Russian financial assets frozen in Western countries. NV examines what kind of an impact it will have on the Ukrainian economy.

18 June 2024, 11:51 PM

Why the West is suddenly so decisive — opinion

Across several summer summits, support for Ukraine is discussed as one of the most important topics for the leaders of the civilized world.

18 June 2024, 12:40 AM

G7 leaders agree to allocate $50 billion from Russian assets to Ukraine

G7 leaders have reached an agreement on a plan to allocate $50 billion to Ukraine aid, funded through Russian assets frozen in Western countries, according to the final communiqué of the summit in Italy on June 14.

15 June 2024, 01:01 AM

G7 communique will demand Russia pays reparations — report

The communique likely to be endorsed at the G7 summit in Italy will insist that Russia compensates Ukraine for the damage caused by its ongoing aggression, Italian news agency ANSA reported on June 14.

14 June 2024, 08:52 PM

Video of Biden's salute to Zelenskyy during G7 goes viral

A video of US President Joe Biden saluting his Ukrainian counterpart Volodymyr Zelenskyy during the G7 summit in Italy on June 13 has gone viral on social media.

14 June 2024, 04:35 PM

U.S. and allies to deliver five Patriot systems to Ukraine, Volodymyr Zelenskyy says

The transfer of five Patriot air defense systems to Ukraine has been agreed upon with President Joe Biden, Ukrainian President Volodymyr Zelenskyy announced at a press briefing with his American counterpart after the signing of the bilateral security agreement between Kyiv and Washington on June 13.

14 June 2024, 01:45 PM

Germany's Scholz calls $50 billion G7 aid to Ukraine 'a clear signal' to Russia

The recent announcement that Ukraine would receive an additional $50 billion in funding, using seized Russian assets, from the G7 countries is a sign that Ukraine's partners will continue to support her, German Chancellor Olaf Scholz said at the annual G7 summit on June 13.

14 June 2024, 01:06 PM

G7 pledges $50 billion for Ukraine from seized Russian assets

Leaders of the G7 countries have agreed to provide Ukraine with $50 billion using interest from frozen Russian assets, German Finance Minister Christian Lindner said on X on June 13.

13 June 2024, 08:25 PM

Ukraine signs security agreement with Japan

Ukrainian President Volodymyr Zelenskyy and Japanese PM Fumio Kishida have signed a security agreement between the two countries on June 13, Zelenskyy announced via Twitter.

13 June 2024, 08:23 PM

Ukraine to strengthen ties with allies with new security pacts at G7 summit in Italy

Ukraine is poised to finalize bilateral security agreements with the United States and Japan during the G7 summit on June 13 in Italy, President Volodymyr Zelenskyy said on Telegram.

13 June 2024, 03:43 PM

UK pledges record $300 million aid package to Ukraine

UK Prime Minister Rishi Sunak is set to announce a record-breaking financial aid package for Ukraine totaling £242 million (approximately $309 million) at an upcoming G7 summit in Italy, according to a statement by the UK on June 12.

13 June 2024, 09:43 AM

G7 leaders to urge China to end support for Russia's war against Ukraine

Following the Global Peace Summit in Italy, G7 leaders will urge China to stop supporting Russia's war against Ukraine, according to a draft statement seen by Bloomberg on June 12.

12 June 2024, 04:05 PM

US to unveil new sanctions against Russia at G7 Summit

The United States will announce new sanctions and export control measures against Russia and its partners during the G7 leaders' summit in Italy later this week, White House spokesperson John Kirby said, Voice of America reported on June 12.

12 June 2024, 11:59 AM

G7 to establish Ukraine aid fund from Russian assets

G7 nations plan to establish a fund to support Ukraine long-term, financed by revenue from frozen Russian assets, Japanese outlet Nikkei reported on June 11.

11 June 2024, 10:11 PM

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