The European Union is making progress on taxing profits from frozen Russian assets, but it has decided not to confiscate the money in full. Bloomberg was informed by its own sources.


EU foreign ministers have approved the implementation of the income tax plan, and it will be discussed by the bloc's ambassadors this week.


Ukraine's allies generally agree that Russia should pay for the damage caused by the war, but so far there is no talk of seizing Russian assets.


"A group of countries, including Germany, have made it clear that they are against the seizure of Russian assets themselves for legal reasons," the sources said on condition of anonymity.