Stay on top of Russia-Ukraine war 05-25-2024 developments on the ground with KyivPost fact-based news, exclusive video footage, photos and updated war maps.
The ministers said they hope to present a proposal that is "defined in all its dimensions" to G7 leaders ahead of a summit in Puglia, southern Italy, on June 13-15.
G7 finance ministers are expected Saturday to agree a broad plan to use interest from frozen Russian assets for Ukraine, paving the way for a potential agreement among leaders next month.
This 'leak' comes with the appointment of economist Andrey Belousov as defence minister being seen by Western analysts as a move to prepare the Russian economy for a prolonged war.