Europe

Immobilised possessions: Council greenlights around EUR35 billion in macro-financial help to Ukraine as well as brand new lending system implementing G7 dedication

.The Council today used an economic support deal to Ukraine, consisting of an exceptional macro-financial assistance (MFA) funding of up to EUR35 billion and also a lending cooperation mechanism that are going to sustain Ukraine in settling finances for around EUR45 billion delivered by the EU as well as G7 partners. Monthly payment will certainly be sustained by funds originating from extraordinary incomes offered to the EU deriving from the immobilisation of Russian self-governed assets.