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The G7 countries are no longer considering a complete confiscation of Russian assets. The G7 is looking for less radical options for using Russian funds in favor of Ukraine, according to the Financial Times. G7 representatives informed the media that confiscating Russian assets is no longer on the agenda. Instead, they are looking for alternative ways to obtain funds from frozen assets. One of the ideas was proposed in February by Belgium. The Euroclear depository holds about 190 billion euros of the Russian central bank’s reserves, which are proposed to be used as collateral for debt financin…

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