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Next week, the Big Seven countries will support the European Union’s initiative to confiscate income from Russian assets for the benefit of Ukraine, reports Reuters. According to the sources, the G7 will endorse the EU’s proposal at a meeting of finance ministers from G7 countries in Stresa on May 24-25. The official, whose name Reuters did not disclose, emphasized that the discussions would focus on the use of income from Russian assets rather than the assets themselves. They stated that any decision must have the support of EU countries and a “solid legal basis.” He further specified that fi…

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