Failure: The US refused to support the EU's plan for frozen Russian assets

Washington has notified Europe that it is abandoning the European Union's plan to expand the use of frozen Russian assets for the G7 countries to support Ukraine. This is reported by Bloomberg, citing sources.

"According to people familiar with the discussions, the United States is abandoning the European Union's plan to expand the use of frozen Russian assets to support Ukraine. US officials have informed their European counterparts that they will not join the initiative at the moment during negotiations on the sidelines of the International Monetary Fund meeting in Washington last week, sources said, "the publication says.

According to one of the sources, Washington cited risks to market stability as the reason. Another source said that the United States is simply evading obligations at this stage.

It is noted that this US decision is a setback for the European Union, which is trying to force the rest of the G-7 members to join its plan to use frozen Russian assets. The plan involves sending these funds as collateral to obtain loans worth up to 140 billion euros for Ukraine. The European Commission is preparing a detailed draft mechanism, but will not publish it until the leaders The EU will not approve of it. Perhaps this will happen at the summit in Brussels at the end of this week.