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Report: G7 countries set to approve $18 billion for Ukraine
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German Finance Minister Christian Lindner, right, welcomes U.S. Treasury Secretary Janet Yellen, front left, for a G7 Finance Ministers Meeting at the federal guest house Petersberg, near Bonn, Germany, Thursday, May 19, 2022. - photo by Federico Gambarini/dpa via AP
KOENIGSWINTER, Germany (AP) — The Group of Seven leading economies are set to agree on more than $18 billion in aid for Ukrainian defense efforts as meetings of finance ministers close Friday, Germany's finance minister told Bloomberg Television. “I think it’s a very good signal that the G-7 nations are standing shoulder to shoulder with Ukraine because they are not only defending themselves, they are defending our values,” German Finance Minister Christian Lindner said in an interview with Bloomberg. A representative from the U.S. Treasury Department declined to verify the amount allocated, and a spokesman from the German finance ministry declined to comment to The Associated Press.