US in talks with G7 over frozen Russian assets ...News

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US in talks with G7 over frozen Russian assets
The EU is already pursuing plans to transfer the interest accumulated on Moscow’s funds to Ukraine The US is in discussions with other G7 nations on potential ways to seize frozen Russian sovereign funds, State Department spokesperson Matthew Miller has confirmed. His comments came shortly after the European Council enacted measures that could allow the interest earned by frozen Russian assets to be confiscated and sent to Ukraine. The US and the EU have blocked an estimated $300 billion in assets belonging to the Russian central bank since the start of the Ukraine conflict in 2022. Of that amount, €196.6 billion

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