G7 leaders hope to be able to
finalize a deal on the use of Russian assets that were seized in
the West following Moscow's invasion of Ukraine to help Kyiv at
the G7 summit on Puglia on Thursday after progress was made in
talks, the White House said.
The idea is to use the interest on around 300 billion euros of
Russian assets as collateral for a loan of around 50 billion
euros to Ukraine.
Washington has been pushing hard for this, but European nations
have been more prudent due to technical issues regarding the
legal implications of such a move.
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