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G7 set to leave Ukraine with $52 billion budget black hole despite EU push (opens original article in a new tab)

TL;DR

G7 countries are expected to avoid making major financial commitments to Ukraine despite the EU's 90 billion euro loan, leaving a $52 billion budget shortfall for Ukraine to address.

  • G7 statement emphasizes Ukraine's battlefield advantage but avoids major financial pledges
  • EU agreed 90 billion euro loan to cover two-thirds of Ukraine's needs until 2027
  • Ukraine still requires $52 billion in additional funding from other countries

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