Volodymyr Zelensky has called on EU leaders at a crunch summit urgently to agree to a multi-billion euro loan in frozen Russian money to fund Ukraine's military and economic needs.


EU leaders meet in Brussels for decision on Russian frozen assets

In an adorable moment from the Group of Seven, G7 summit, the leaders gathered together on Friday (June 14) to sing a Happy Birthday song for German Chancellor Olaf Scholz. Watch to know more!

G7 Summit 2024: G7 leaders sing 'Happy Birthday' to German Chancellor Olaf Scholz

The G7 leaders are turning their attention to migration on day two of the Summit in Italy. The leaders plan to discuss ways to combat human trafficking and increase investment in countries from where migrants start out. Watch in for more details!

G7 Summit 2024: G7 seeks common response to China's support to Russia

G7 Summit 2024: Leaders to discuss ways to combat Human Trafficking

Leaders of advanced economies are gearing up for the annual G7 meeting in Italy. Indian Prime Minister Narendra Modi is amongst the attendees who has reached Italy to participate in the 50th G7 Summit. He will likely meet US President Joe Biden and Italy's Prime Minister Giorgia Meloni.

G7 Summit Italy: Biden vows to support Ukraine 'until they prevail this war'

G7 Summit Italy: G7 leaders strike a deal on $50bn loan to Kyiv

Do G7 leaders have a plan to counter Russia? From a $50 Billion loan or a 10-year security agreement, #Gravitas tells you all that the G7 leaders are planning to commit towards the defence of Ukraine.

Gravitas | Do G7 leaders have a foolproof plan to counter Russia?

US Treasury Secretary Janet Yellen has called on European allies to collaborate with the United States in unlocking approximately 280 billion dollars in frozen Russian assets to provide sustained financial support to Ukraine.

EU urged to support Ukraine with Russian funds

The US Congress granting President Joe Biden new powers to seize Russian dollar assets to aid Ukraine has intensified debate over the consequences of foreign demand for US Treasuries and use of the dollar.

About $280 billion in Russian assets have been frozen so far

Russia-Ukraine war: Dollar's domination under threat?

Senior European Union officials have indicated that the EU is unlikely to proceed with the confiscation of Russian central bank assets frozen in Europe. This decision comes despite G7 plans to discuss the legality of such a move at an upcoming meeting in February.

EU officials rule out confiscation of Russian central bank assets despite G7 talks

In a significant development at the World Economic Forum in Davos, Western officials expressed openness to the idea of confiscating around $300 billion of Russian assets to support Ukraine.

Western officials explore confiscating $300 bn Russian assets: Report

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