The European Union (EU) has pledged to provide €18.1 billion to Ukraine as part of the $50 billion loan package by the G7 group of countries backed by profits from frozen Russian assets.
The G7 group — the US, Canada, Japan, the UK, France, Germany, Italy, and the EU — reached an agreement on a promised $50 billion loan package for Ukraine in October. The package was first announced in June.
Ukraine appointed Naftogaz chief executive Serhii Koretskyi as prime minister this past week in its biggest wartime cabinet reshuffle, testing whether reconstruction reforms that underpin billions of euros in international financing will stay on course. Koretskyi, confirmed as prime minister on 16 July, has sought to reassure international partners that
