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G7 framework deal on $50 billion Ukraine loan seen in Oct, EU’s Gentiloni says

Summary by WTVB
By Jan Strupczewski RIO DE JANEIRO (Reuters) – The Group of Seven wealthy democracies are likely to have a framework deal for a Russian-asset-backed $50 billion loan to Ukraine by October, in time to tap markets by year-end, European Economic Commissioner Paolo Gentiloni said on Thursday. Speaking to reporters on the sidelines of a G20 meeting of finance ministers and central bank governors in Rio de Janeiro, Gentiloni said there was good pr…

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