The Independent

EU moves slowly toward using profits from frozen Russian assets to help Ukraine

Source: Copyright 2020 The Associated Press. All rights reserved

European Union nations have decided to approve an outline deal that would keep in reserve the profits from hundreds of billions of dollars in Russian central bank assets that have been frozen in retaliation for Moscow's war in Ukraine, an EU official said.

The tentative agreement, reached late Monday, still needs formal approval but is seen

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