The confiscation of Moscow’s frozen funds could undermine international order, the head of the European Central Bank warns US-backed proposals to seize frozen Russian assets could undermine the international order, European Central Bank (ECB) President Christine Lagarde has cautioned. Her comments came during a meeting in Washington on Wednesday, where the G7 finance ministers and central bank governors were discussing the issue of using the immobilized assets of the Russian central bank to support Ukraine. In a joint statement, the finance ministers and regulators said they would continue working on “all possible
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