World Economy

G7 Package for Ukraine

G7 Package for UkraineG7 Package for Ukraine

The Group of Seven nations are looking at a fresh financial package for Ukraine which could amount to some $4 billion, according to several officials familiar with the discussions, Business Spector reported. Discussions on a new package of assistance have picked up in recent days as Kiev’s financial situation has worsened, with the incoming German presidency of the G-7 playing an important role in marshaling backing for further aid, the officials said. They said discussions were still at a relatively early stage and no decision had been met. It wasn’t clear how quickly any package could go at this stage.