Learn more

Group of Seven members do not plan to unfreeze the assets of the Russian Federation until the aggressor state independently compensates Ukraine for the damages caused by the war, reports Bloomberg. The finance ministers of the G7 countries plan to sign a communiqué on Saturday morning and lay the groundwork for using the income from frozen Russian assets to help Ukraine. “We are discussing potential schemes to bring forward the extraordinary revenues stemming from immobilized Russian sovereign assets to the benefit of Ukraine,” the draft communiqué states. Ministers perceive progress on the Ru…

cuu