G7 officials make progress on plan to fund Ukraine from frozen Russian assets
Headline from Christian Science Monitor, on the newest of 2 developments
Finance officials from the Group of Seven rich democracies left a final agreement to squeeze more money for Ukraine from Russian assets frozen in their countries to be worked out ahead of a June summit.
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US Treasury Secretary Janet Yellen on Thursday urged G7 ministers meeting in Italy to work on "more ambitious options" to use frozen Russian assets to help Ukraine.
Finance officials from the Group of Seven rich democracies left a final agreement to squeeze more money for Ukraine from Russian assets frozen in their countries to be worked out ahead of a June summit.
FRANKFURT, Germany (AP) — Finance officials from the Group of Seven rich democracies said they had moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries.
G7 finance ministers are expected to agree on options for using interest from frozen Russian assets to help Ukraine. Kyiv has stepped up its appeals for more international financial aid to fight off Moscow's invasion.
G7 finance ministers discusssed options for using interest from frozen Russian assets to help Ukraine. Kyiv has stepped up its appeals for more international financial aid to fight off Moscow's invasion.
G7 finance ministers said on Saturday they were making "progress" in finding ways to use profits from frozen Russian assets to help Ukraine, according to a draft statement from a summit in Italy.