EU to unveil plan to tap frozen Russian assets

Some member states and the ECB have raised concerns over confiscating the funds The European Union may unveil a proposal to tax profits from more than €200 billion ($218 billion) of frozen Russian central bank assets in order to help rebuild Ukraine, Bloomberg reported this week. A person familiar with the discussions told the outlet that the plan, which is expected to be released on December 12, would clarify that several issues raised by member states still need to be addressed and that the EU proposal will not interfere with national taxes or other measures. According to other sources cited by Bloomberg, a meet

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