BARI, Italy—The White House on June 14 outlined some of the technical details of the plan agreed by G7 leaders to grant loans to Ukraine using frozen Russian sovereign assets.
“Every G7 country is going to do its part,” a senior administration official said during a call with reporters. “Some countries are going to contribute to the loan. Others will contribute to the repayment. Others still will provide guarantees of repayment if the income flow isn’t sufficient to service and repay the loan in full.”