European Union countries have approved an unprecedented plan to issue a 35-billion-euro ($37.2 billion) loan to support Ukraine’s war-torn economy, using Russia’s immobilized Central Bank assets as collateral. The deal is part of a broader G7 initiative to provide €45 billion ($50 billion) in aid to Kyiv, struggling to counter a renewed Russian offensive that has severely damaged its power infrastructure. Under the G7 plan, profits from Russia’s frozen assets will gradually be used to repay the multi-billion-euro loan. EU officials said that the 35 billion loan will be “undesignated” and “unta…