EU states won't be directly involved in $50 billion loan for Ukraine, Italian PM says
EU members will not be for now directly involved in a $50 billion loan for Ukraine, as they will instead focus on developing the guarantee mechanism, Italian Prime Minister Giorgia Meloni said on June 15. The loan, which was announced during a G7 summit%20leaders,billion%20in%20frozen%20Russian%20assets.) on June 13 with the pledge to deliver it to Ukraine by the end of the year, is backed by revenues from frozen Russian assets. "The loan of about $50 billion has already been announced (and will) be provided by the United States, as well as Canada, the United Kingdom, and probably Japan, withi...