EU to Move Forward With Russian Asset Plan Regardless of US
- EU top diplomat Borrell says Ukraine needs aid ‘now’
- US has sought EU assurances on G-7 frozen asset funding plan
The Kremlin complex in Moscow.
Photographer: Bloomberg
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The European Union will press forward with a commitment to secure aid for Ukraine from frozen Russian central bank assets regardless of issues raised by the US, the bloc’s top diplomat said.
A Group of Seven agreement to leverage proceeds of the blocked assets has faced delays as Washington seeks firmer assurances that the EU will be able to renew sanctions measures in the face of the opposition from Hungary.