EU hopes to advance talks on using Russian assets for Ukraine

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EU hopes to advance talks on using Russian assets for Ukraine
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Sweet and Spicy: what's the buzz on honey infusions? | SaltWireBRUSSELS - European Union leaders meeting later in October will demand"decisive progress" on using Russian assets frozen by sanctions to help Ukraine, according to their draft statement, addressing a matter that has been stuck for months.

EU members Germany and France are part of the G7 club, where the EU executive European Commission is also represented. Diplomats from EU countries are due to hold technical talks on the matter on Oct. 17. There was no immediate comment from the European Commission on when the Brussels-based executive would put forward a related legal proposal.

An EU official said this week that EU talks on the windfall tax had failed to make progress for months in part to due objections from Belgium, which currently has sole discretion of what to do with tax revenue on swelling Euroclear profits.

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