G7 states have agreed to lend Ukraine $50 billion using money generated from frozen Russian state assets, diplomats told dpa on Thursday, the first day of a summit in Italy among the leaders of world’s economically advanced democracies. War-ravaged Ukraine is to use the loan package to strengthen its military defence against Russia, pay for the reconstruction of infrastructure and funding for Ukraine’s state budget. The US government says around $280 billion of Russian central bank money has been immobilized in Western countries due to sanctions imposed since the full-scale Russian attack on U…