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Reuters
Reuters
Business

G7 mulling Russian asset seizures to help rebuild Ukraine - German Finance Minister

Germany's Finance Minister Christian Lindner addresses a news conference after the G7 Summit in Koenigswinter, near Bonn, Germany May 20, 2022. REUTERS/Benjamin Westhoff

Seizing Russian state assets to help finance the rebuilding of war-torn Ukraine remains a possibility, German Finance Minister Christian Lindner said on Friday, but he added that no decision on the matter was taken at a meeting with his G7 counterparts.

"We talked about the continuation of sanctions in connection with Ukraine and discussed the issue of the confiscation of Russian assets," Lindner said, wrapping up day two of the talks.

Referring to seizing Russian state assets, he said: "It is an option that still needs to be thought through."

(Reporting by Paul Carrel and Rachel More)

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