Sultz convinced: Russia won't win its war in Ukraine

G7 countries have announced they will use $50 billion from Russian frozen assets to finance Ukraine.

The money will be used to help Ukraine quickly buy everything from weapons to investments in its energy infrastructure reconstruction.

In G7's margins, German Chancellor Olaf Scholz spoke to reporters about the plan.

“This is a very strong commitment, which, by the way, gives the people of Ukraine courage to do what is now necessary to protect their independence and sovereignty”, he said.

The “is also a clear signal to the Russian president that he cannot remove this and hope that due to fiscal problems in some countries that today support Ukraine, he will one day win this fight”, Scholz said, the BBC wrote.