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The US has urged the European Union to reduce the tax on profits from frozen Russian assets in European banks. This is aimed at raising more funds to aid Ukraine, according to Financial Times. As reported by Financial Times, there is still no agreement in the West on how to use frozen Russian assets to support Ukraine. The US advocates for full confiscation of Russian funds, while the EU aims to assist Ukraine with profits from frozen Russian assets. Last week, according to Financial Times, the US proposed to its European partners to mobilize tens of billions of euros for Ukraine by providing …

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