Europe

Immobilised assets: Council greenlights as much as EUR35 billion in macro-financial support to Ukraine and brand new financing system executing G7 commitment

.The Council today embraced an economic aid package deal to Ukraine, including an extraordinary macro-financial assistance (MFA) car loan of up to EUR35 billion as well as a funding cooperation system that will assist Ukraine in repaying car loans for approximately EUR45 billion delivered by the EU and also G7 partners. Payment will certainly be sustained through funds coming from remarkable revenues offered to the EU stemming from the immobilisation of Russian sovereign assets.