Ukraine can hope to receive a huge new aid package from the Group of Seven (G7) leading democratic industrialized nations for its defence against Russia. According to a senior EU official on Tuesday evening, an agreement is to be reached at the G7 summit in Italy, which begins on Thursday, to finance a loan of $50 billion for Ukraine with interest from frozen Russian state assets. Ukraine could then use the money to strengthen its defence against Russia and pay for the reconstruction of destroyed infrastructure. In addition, possible financial bottlenecks in the Ukrainian state budget could be…