www.zerohedge.com BY TYLER DURDEN
G7 countries have approved almost $20 billion in financial assistance for Ukraine on Friday, following two days of meetings in Germany, which focused on the Russian invasion crisis and growing global inflation, food shortages, and persisting supply chain issues.
“We will continue to stand by Ukraine throughout this war and beyond and are prepared to do more as needed,” a joint G7 statement said of the $19.8 billion package just approved.
“We are working closely with Ukraine to safeguard its macroeconomic stability in face of the challenges posed by Russia’s war of aggression, massive destruction of critical infrastructure and disruption of traditional shipping routes for Ukrainian exports,” the statement explained.
