The European Parliament approved, on Tuesday, a loan of up to 35 billion Euros to Ukraine, which will be financed from the profits generated by the Russian assets frozen in Europe, AFP reports. The sum represents the EU’s contribution to the assistance package worth almost 45 billion Euros, agreed upon in June by the world’s major economies, gathered in the G7 group. The US, Canada, Great Britain and Japan are yet to decide to what extent they will participate in this loan. According to AFP, Russian assets worth around 280 billion Euros were frozen in the EU following the Russian invasion of Ukraine in February 2022.
