Paolo Gentiloni
EIB and EBRD to finance €12 million to set up 112 emergency service in Ukraine
We expect G7 countries to promptly develop technical procedures for transferring $50 billion of Russian assets to Ukraine - Shmyhal
G20 countries agree to work on a “tax for billionaires”
By October, G7 countries are likely to agree on a framework agreement for a $50 billion loan to Ukraine
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EIB and EBRD to finance €12 million to set up 112 emergency service in Ukraine
The EIB and the EBRD will provide grant funding for the implementation of the 112 emergency system in Ukraine. The project will unite all emergency services into a single system based on European standards.
We expect G7 countries to promptly develop technical procedures for transferring $50 billion of Russian assets to Ukraine - Shmyhal
The Prime Minister of Ukraine expects the G7 to quickly develop procedures for the transfer of $50 billion from Russian assets. These funds are important for covering Ukraine's budget expenditures in 2025.
G20 countries agree to work on a “tax for billionaires”
The G20 countries agreed on the need to tax the super-rich. The proposal calls for a 2% tax on wealth over $1 billion, but faced a negative reaction from some countries.
By October, G7 countries are likely to agree on a framework agreement for a $50 billion loan to Ukraine
European Commissioner Paolo Gentiloni announced the possibility of concluding a G7 framework agreement on a $50 billion loan to Ukraine from frozen Russian assets by October 2024. The loan would be issued from $300 billion of frozen Russian assets.