The French Finance Minister, Bruno Le Maire, is hoping to reach an agreement with his counterparts from the G7 countries on the use of windfall profits generated by frozen Russian public assets, at their meeting in Stresa (Italy) at the end of the week.
We need to make the best possible use, as far upstream as possible, of the profits from these assets, he told journalists on Wednesday 22 May. He welcomed “the evolution” of the United States’ position on the issue.
Instead of...