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
Chinese fishing fleets using North Korean forced labour in potential breach of sanctions, report claims
Qantas posts $1.39bn profit as holidaymakers flock to Jetstar
Chinese manufacturing returns to growth despite threat of higher Trump tariffs