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G-7 to provide multimillion dollar financial aid to Ukraine


G-7 to provide multimillion dollar financial aid to Ukraine

Berlin, Feb 24 (Prensa Latina) The Group of Seven most industrialized countries (G-7) agreed to provide a financial aid package of 39 billion dollars to Ukraine, German Chancellor Olaf Scholz said on Friday.

Despite Russia’s warning about the counterproductive nature of further military support for Kiev, Scholz said that the G-7 (Germany, France, the United States, Canada, Japan, the United Kingdom and the United States) will continue to supply arms and financial, political and humanitarian support to the former Soviet republic.

Germany, he said, has already allocated 14 billion dollars to Ukraine, where a year ago Russian President Vladimir Putin ordered the start of a military operation to protect the population of the uprising region of Donbass.

Scholz expressed his support for continuing with the unilateral punitive measures against Russia, with more than 11,000 applied by the West in a year of confrontation, even when these actions had a boomerang effect on the European economies.

Local media noted that states such as the United Kingdom, Germany and France are experiencing serious problems due to the rise in energy prices, which had a domino effect by pushing inflation to historic levels, with the consequent deterioration of living conditions.


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