Bloomberg: G7 countries will announce the extension of the freeze on Russian assets
Finance ministers of the Group of Seven (G7) countries are going to confirm that Russian assets will remain frozen until Ukraine is compensated for the damage, follows from the draft communique with which got acquainted Bloomberg.
According to the agency, the heads of the G7 Finance Ministries, holding a two-day meeting in the Italian city of Stresa, will also announce a discussion of a scheme for sending Ukraine income received from Russian sovereign assets. It is noted that the materials have not yet been officially approved and may change.
According to a document published this week by the European Commission (EC), EU countries will begin sending 90 percent of these funds to the union budget, from where they will be used for military assistance to Kyiv and the program for the reconstruction of Ukraine. In response to this, the Kremlin stated that even a reduced version of the withdrawal of funds from Russia is a violation of all the rules and norms of the international financial and economic system.
Meanwhile, according to the American press, Western countries are discussing the US proposal to create a special financial organization that will assist Ukraine through the distribution of income from frozen Russian assets.
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