Ukraine has asked the G7 countries for $50 billion to help cover the war-torn country's budget shortfall, Oleh Ustenko, the economic adviser to Ukrainian President Volodymyr Zelensky, said Sunday.
Per Reuters, Ukraine "is also considering issuing zero percent coupon bonds to help it cover a war-linked budget deficit over the next six months."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The Group of Seven is made up of the United States, the United Kingdom, France, Germany, Italy, Canada, and Japan, with the participation of the European Union. Russia joined the G7 in 1998 but had its membership suspended in 2014 in response to the annexation of Crimea.
In December, as Russia massed troops on Ukraine's border, the G7 signaled support for Ukraine, warning that "further military aggression ... would have massive consequences" for Russia.
-
Africa's largest dam is making diplomatic wavesUnder the Radar Ethiopians view using the Nile as a 'sovereign right' but the vast hydroelectric project has 'fuelled nationalist fervour' in Egypt and Sudan
-
Jessica Francis Kane's 6 favorite books that prove less is moreFeature The author recommends works by Penelope Fitzgerald, Marie-Helene Bertino, and more
-
Trump's drug war is now a real shooting warTalking Points The Venezuela boat strike was 'not a mere law enforcement action'
-
The mission to demine UkraineThe Explainer An estimated quarter of the nation – an area the size of England – is contaminated with landmines and unexploded shells from the war
-
Ottawa Treaty: why are Russia's neighbours leaving anti-landmine agreement?Today's Big Question Ukraine to follow Poland, Finland, Lithuania, Latvia and Estonia as Nato looks to build a new ‘Iron Curtain' of millions of landmines
-
How drone warfare worksThe Explainer From Ukraine to Iran, it has become clear that unmanned aircraft are rapidly revolutionising modern warfare
-
How long can Nato keep Donald Trump happy?Today's Big Question Military alliance pulls out all the stops to woo US president on his peacemaker victory lap
-
Are the UK and Russia already at war?Today's Big Question Moscow has long been on a 'menacing' war footing with London, says leading UK defence adviser
-
The secret lives of Russian saboteursUnder The Radar Moscow is recruiting criminal agents to sow chaos and fear among its enemies
-
Ukraine-Russia: is peace deal possible after Easter truce?Today's Big Question 'Decisive week' will tell if Putin's surprise move was cynical PR stunt or genuine step towards ending war
-
What's behind Russia's biggest conscription drive in years?Today's Big Question Putin calls up 160,000 men, sending a threatening message to Ukraine and Baltic states
