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. . The $20 billion is part of a $50 billion loan that the Group of 7 nations devised and agreed upon earlier this year. The United States and the European Union enacted sanctions to freeze Russia’s central bank assets, most of which are held in Europe, after its invasion of Ukraine in early 2022. . .

U.S. and Europe announce $50 billion loan to Ukraine — secured by frozen Russian assets (x.com)

Full details, Yellen gathered staff to watch transfer. (archive.today) Source (nytimes.com)

>. . The $20 billion is part of a $50 billion loan that the Group of 7 nations devised and agreed upon earlier this year. The United States and the European Union enacted sanctions to freeze Russia’s central bank assets, most of which are held in Europe, after its invasion of Ukraine in early 2022. . . [U.S. and Europe announce $50 billion loan to Ukraine — secured by frozen Russian assets](https://x.com/CitizenFreePres/status/1866642666336739460) [Full details, Yellen gathered staff to watch transfer.](https://archive.today/p9fHT) [Source](https://www.nytimes.com/2024/12/10/us/politics/20-billion-dollar-loan-ukraine.html)
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