Officials could put forward proposal before meeting of prime ministers in Brussels next week
Business live – latest updatesUkraine war – live updates
EU leaders are to take a significant step towards confiscating €27bn in profit generated by Russian state assets frozen in Europe to help fund the war effort in Ukraine.
Officials at the European Commission are poised to put forward what they believe is a legally robust proposal to be considered by member states, possibly before a meeting of prime ministers in Brussels next Thursday.
About Author
More Stories
Jane Birkin’s original Hermès handbag to be sold at auction in Paris
BYD launches cheapest UK model in bid to overtake Tesla as biggest electric carmaker
Trump trade deal shows how vital China’s rare-earth metals are to US defense firms