24/10/24 (Agence Europe) – On the evening of Wednesday 23 October, the Council of the European Union gave its final approval to the legislative proposal to set up a new EU macrofinancial assistance package for Ukraine of up to €35 billion by 2025 (see EUROPE 13509/10). Formulated within the framework of an agreement by the G7 countries about a global aid package of $50 billion, this aid will be pledged against the future profits generated by the Bank of Russia’s assets tied up in the EU. On the same day, the United States announced that it would contribute $20 billion. According to a diplomatic source, the United Kingdom, Canada and Japan are each providing $3.3 billion in aid. The EU’s contribution could therefore be reduced to $20 billion. The ‘G7 Finance’ meeting in Washington on Friday 25 October will be decisive in this respect. (MB)