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How much will the G7 initiative raise using frozen Russian assets by December 31, 2024?
2
European Union•Ukraine•Russian•Russian attacks•European Commission•Ursula von der Leyen•Kyiv•EU•Volodymyr Zelensky•Ukrainian•Hungary
Resolution / Starting Odds
Less than $30 billion • 25%
$30 billion to $40 billion • 25%
$40 billion to $50 billion • 25%
More than $50 billion • 25%
Official G7 statements or reports
Story
EU to Provide €35 Billion ($39 Billion) Loan to Ukraine Amidst Russian Attacks as Part of G7 Plan
Sep 20, 2024, 08:46 AM
The European Union is set to provide a loan of up to €35 billion ($39 billion) to Ukraine as part of a G7 initiative to raise $50 billion using future profits from frozen Russian assets. This loan is aimed at helping Ukraine rebuild its economy and energy infrastructure amidst ongoing Russian attacks. The funds will be used for energy, defense, and bomb shelters in schools, kindergartens, and universities. European Commission President Ursula von der Leyen announced the loan during her visit to Kyiv, emphasizing the EU's commitment to supporting Ukraine through the winter months. President Volodymyr Zelensky outlined the allocation of the funds, highlighting their critical role in addressing Ukraine's urgent needs. This move comes as efforts to use frozen Russian assets for Ukrainian aid have faced obstacles, particularly from Hungary.
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Yes • 50%
No • 50%
Plan fully implemented • 25%
Plan partially implemented • 25%
Plan not implemented • 25%
Plan abandoned • 25%
Less than $10 billion • 25%
$10 billion to $25 billion • 25%
$25 billion to $50 billion • 25%
More than $50 billion • 25%
Fully raised • 25%
Partially raised • 25%
Not raised • 25%
Unknown • 25%
Increased support for similar measures • 25%
No change in stance • 25%
Decreased support for similar measures • 25%
Other • 25%
Continue freezing indefinitely • 25%
Release upon specific conditions • 25%
Gradual release over time • 25%
No consensus reached • 25%
Yes • 50%
No • 50%
Less than $100 billion • 25%
$100 billion to $200 billion • 25%
$200 billion to $300 billion • 25%
More than $300 billion • 25%
Yes • 50%
No • 50%
