Washington reportedly believes the potential move bears too many risks for market stability
The US will not join the EU-spearheaded plan to use frozen Russian assets to bankroll Ukraine, Bloomberg reported on Monday, citing anonymous sources familiar with the discussions.
US officials reportedly conveyed the position to their European colleagues during the International Monetary Fund meeting in Washington last week. The US cited risks to market stability associated with the potential seizure of the Russian assets, one of the sources claimed.
The development constitutes a major setback for the EU, which has been trying to secure broader support…
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