G7 want to use Russian assets to help Ukraine

Photo: Logo of G7 summit in June 2024, via dts news agency

Bari (dts) – At the G7 summit in southern Italy, the heads of state and government began the official work program on Thursday morning - apparently with an agreement on a central topic. As several media outlets unanimously report, the plan is to support Ukraine with a loan of up to 50 billion US dollars, which is to be financed through interest earnings from frozen Russian assets.

However, Ukraine is not officially on the agenda until the afternoon. The first working session on Thursday will focus on the topic of "Africa, climate change and development". At midday, the "Middle East" complex will be discussed, and only then will Ukraine be discussed.

Three working sessions are planned for Friday – on the topics of migration, "Indo-Pacific and economic security" and "Artificial intelligence and energy, Africa and the Mediterranean". Pope Francis is also expected to be there on the second day of the summit.

In addition to Germany, the Group of Seven also includes France, Italy, Japan, Canada, the United Kingdom and the United States. The European Commission has observer status. Ukrainian President Volodymyr Zelensky is attending the summit as a guest this year.