G7 aims to finalise deal on $50 billion loan to Ukraine by end-Oct, EU says


  • World
  • Monday, 30 Sep 2024

FILE PHOTO: Ukrainian President Volodymyr Zelenskiy, U.S. President Joe Biden, Germany's Chancellor Olaf Scholz, Britain's Prime Minister Rishi Sunak, European Commission President Ursula von der Leyen, President of the European Council Charles Michel, Canada's Prime Minister Justin Trudeau, France's President Emmanuel Macron and Japan's Prime Minister Fumio Kishida attend a working session on Ukraine at the G7 leaders' summit in Hiroshima, Japan May 21, 2023, in this photo released by Kyodo. Kyodo/via REUTERS/File Photo

BRUSSELS (Reuters) - The Group of Seven (G7) countries want to reach a political agreement on the $50 billion loan for Ukraine by the end of October for the cash to be able to available before the end of this year, a senior European Commission official said on Monday.

The G7 are the United States, Canada, Japan, Britain, France, Germany and Italy. The EU as a whole, represented by its institutions, is also part of the group.

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