G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Finance officials from the G7 have moved towards agreement on a U.S. proposal to allocate frozen Russian assets for Ukraine, but the final decision awaits the June summit.

European countries, holding most of the $260 billion in frozen Russian central bank assets, are considering using interest from the assets instead of outright confiscation for Ukraine.

Read at www.independent.co.uk