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G7 mulling Russian asset seizures to help rebuild Ukraine - German FinMin

Russians assets can be seized in order to rebuild Ukraine and mitigate the damage of the extensive war during the escalated conflict between Ukraine and Russia

Russian servicemen march during a dress rehearsal for the Victory Day military parade in Moscow, Russia, Saturday, May 7, 2022. The parade will take place at Moscow's Red Square on May 9 to celebrate 77 years of the victory in WWII. (AP Photo/Alexand
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Russian servicemen march during a dress rehearsal for the Victory Day military parade in Moscow, Russia, Saturday, May 7, 2022. The parade will take place at Moscow's Red Square on May 9 to celebrate 77 years of the victory in WWII. (AP Photo/Alexand

Reuters
Seizing Russian state assets to help finance the rebuilding of war-torn Ukraine remains a possibility, German Finance Minister Christian Lindner said on Friday, but he added that no decision on the matter was taken at a meeting with his G7 counterparts.
"We talked about the continuation of sanctions in connection with Ukraine and discussed the issue of the confiscation of Russian assets," Lindner said, wrapping up day two of the talks.
Referring to seizing Russian state assets, he said: "It is an option that still needs to be thought through." Canadian Finance Minister Chrystia Freeland told reporters the G7 discussed "at some

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First Published: May 20 2022 | 9:35 PM IST

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