Yellen ‘Feeling Good’ About G-7 Alignment on Russian Assets
- Allies meeting in Italy aim to use profits for Ukraine funds
- Leaders expected to consider plan when they meet next month
Janet Yellen
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US Treasury Secretary Janet Yellen voiced optimism about the progress of Group of Seven talks on a plan to use future profits from frozen Russia assets to help Ukraine, a move the group’s leaders will ultimately decide in June.
There’s a “general positivity about the overall approach” although important technical issues still needed to be resolved, Yellen said in an interview Friday with Bloomberg News.