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Live: G7 ministers to discuss impact of Ukraine invasion on global economy

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G7 partners meet Thursday hoping to find a solution for Kyiv's budget troubles as the fallout from Russia's invasion of Ukraine continues to roil the global economy. Follow FRANCE 24’s liveblog for all the latest developments. All times are Paris time (GMT+2).

10:02am: Ukraine's Azovstal steel plant fighters held by Russian-backed sepratists

Ukrainian soldiers evacuated from the Azovstal steel plant in Mariupol are being held in an area controlled by Russian-backed sepratists and may be tried for war crimes, Russia has said.

Russia's defence ministry said Thursday that 1,730 Ukrainian soldiers had surrendered at the besieged steel plant since May 16.

Video footage released by Russia shows evacuated soldiers being treated in a hospital. "I'm being treated well," one said. "Noone is mistreating me, physically or psychologically." It has not been possible to establish if the soldiers were speeking freely.

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09:20am: EU must create solidarity fund to rebuild Ukraine says German chancellor

The European Union must make preparations for rebuilding Ukraine after the war by setting up a solidarity fund to help cover the billions of euros reconstruction will cost, German Chancellor Olaf Scholz said.

Addressing parliament ahead of a meeting of EU leaders, Scholz said French President Emmanuel Macron was right that EU accession was not a matter of a few months or years, meaning it was all the more important to focus on pragmatic, immediate support.

"Rebuilding destroyed infrastructure and revitalising the Ukrainian economy will cost billions," he said. "We as the EU must start laying the ground for a solidarity fund financed by contributions from the EU and its partners."

07:35am: Ukrainian attack on Russian border town kills civilian, Russian govenor says

One person died and others were injured in southwestern Russia after an attack in a village on the border with Ukraine, the governor of Kursk region said on Thursday.

"Another enemy attack on Tyotkino, which took place at dawn unfortunately ended in tragedy. At the moment, we know of at least one civilian death," governor Roman Starovoyt said on Telegram, implying that the attack came from Ukraine.

He said that according to preliminary information, the victim was a truck driver who was making a delivery to a local distillery, which was struck "several times".

Starovoyt added that others were wounded and work was underway to put out fires in the village of around 4,000 people on border with Ukraine, where Russia sent troops on February 24.

"Several houses were damaged. There are also reports of unexploded shells," Starovoyt said.

On Telegram, he posted photos showing charred buildings, blown out windows and dents in the ground from where the shells allegedly landed.

Authorities in Russian regions bordering Ukraine have repeatedly accused Ukrainian forces of launching attacks.

07:24am: Mariupol deserted after weeks of Russian attacks

Ukrainian fighters are reportedly receiving medical care after leaving Mariupol’s Azovstal steel plant. In recent days, nearly 1,000 soldiers who spent weeks holed up in the steel plant have surrendered to Russian forces, with some taken into territories controlled by Russian backed separatists.

Mariupol was home to around 500,000 inhabitants at the start of the war, but weeks of Russian attacks have left the city deserted and largely destroyed.

5:15am: Japan doubles its aid to Ukraine

Japan will double fiscal aid for Ukraine to $600 million in a coordinated move with the World Bank to back the country's near-term fiscal necessities damaged by Russia's invasion, Prime Minister Fumio Kishida told reporters on Thursday.

Japan, a member of the Group of Seven industrialised nations, had previously announced $300 million in loans to Ukraine in April.

04:31am: G7 Finance ministers meeting to discuss Ukraine budget, impact of war on global economy

Finance ministers from the Group of Seven industrialised nations are holding talks in Koenigswinter in western Germany to coordinate their response.

"The bilateral and multilateral support announced so far will not be sufficient to address Ukraine's needs, even in the short term," United States Treasury Secretary Janet Yellen said in a speech in Brussels on Tuesday.

Yellen, who is attending the meeting in Koenigswinter, called on US partners to "join us in increasing their financial support" for war-scarred Ukraine.

(FRANCE 24 with AP, AFP and REUTERS)

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