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The EU is preparing plans to gather up to 40 billion euros ($44.5 billion) in loans for Ukraine as Budapest keeps disrupting plans on a joint loan with the U.S., the Financial Times reported on Sept. 16, citing sources and a draft proposal. The Group of Seven (G7) agreed in June to provide Kyiv with a $50 billion loan covered by proceeds from frozen Russian assets, to be delivered by the end of the year. The plan envisaged the U.S. and EU both covering $20 billion, with the remaining $10 billion to be provided by the U.K., Canada, and Japan. The G7 countries have immobilized almost $300 billio…

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