G7 Nears Agreement on Using Frozen Russian Assets to Fund Ukraine
TL;DR Summary
The US and EU are considering a $50 billion plan to use frozen Russian assets to support Ukraine, but Europe remains uncertain about the proposal. The EU is exploring alternative ways to provide long-term aid to Kyiv, including a €3 billion agreement to use profits from Russian assets to buy weapons. Neutral countries may opt to provide non-military assistance.
- Europe left worried by US plan on Russian assets to pay for Ukraine POLITICO Europe
- G7 Finance Ministers Close Ranks as Tensions with Russia and China Fester The New York Times
- G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets The Hill
- Yellen sees no 'showstoppers' on G7 Ukraine loan backed by Russian asset earnings CNBC
- U.S. and Europe Near Deal on Novel Funding Plan for Ukraine The Wall Street Journal
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