G7 fails to finalize plans for tapping Russian assets ...News

Russia Today - Economy
G7 fails to finalize plans for tapping Russian assets
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Redirecting the money to Kiev still poses a slew of technical and legal problems, Italy says The G7 has not reached a consensus on how to use the revenue generated by Russian central bank assets frozen abroad to help Ukraine, Italian Economy Minister Giancarlo Giorgetti announced on Saturday. Italy holds the group’s presidency this year, and hosted this week’s two-day meeting of the G7 finance ministers in the town of Stresa. At a press conference at the end of the summit, Giorgetti said the group made progress on the Russian assets issue, but “has yet to finalize” the process because it still “presents significan

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