G7 eyeing using frozen Russian assets as collateral for Ukraine loans, EU official says

WASHINGTON: Group of Seven members are discussing using nearly $300 billion in frozen Russian assets as collateral to provide loans to Ukraine, European Commission Executive Vice President Valdis Dombrovskis said on Thursday.

Dombrovskis said different options were under consideration, and the discussions were ongoing.

Yellen says it’s important to unlock value of Russian assets to aid…

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