Janet Yellen Sees Potential for Bigger Ukraine Loan Supported by Russian Assets

Saturday, 25 May 2024, 07:19

U.S. Treasury Secretary Janet Yellen expressed confidence in discussions with G7 finance ministers regarding a possible extension of a loan to Ukraine, backed by Russian asset earnings. Yellen's positive outlook suggests progress in the negotiations and hints at potential financial support for Ukraine. The use of Russian assets to bolster the loan may provide a unique solution to the funding challenge. Overall, Yellen's comments indicate a promising development in international financial cooperation.
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Janet Yellen Sees Potential for Bigger Ukraine Loan Supported by Russian Assets

U.S. Treasury Secretary Janet Yellen expressed confidence in discussions with G7 finance ministers regarding a possible extension of a loan to Ukraine, backed by Russian asset earnings.

Yellen's positive outlook suggests progress in the negotiations and hints at potential financial support for Ukraine.

  • The use of Russian assets to bolster the loan may provide a unique solution to the funding challenge.

Overall, Yellen's comments indicate a promising development in international financial cooperation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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