💨 Abstract

Hungary is delaying a decision on the renewal of EU sanctions against Russia to hold up a final $50 billion G7 loan to Ukraine until after the U.S. presidential election. This delay is to allow the U.S. to contribute $20 billion to the loan, matching the EU's contribution, according to EU officials. The remaining $10 billion would be provided by Canada, Britain, and Japan.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖