![G7 announces 'progress' on Russian frozen assets but work still to be done](https://assets.kyivindependent.com/content/images/2024/05/GettyImages-2153765661.jpg)
G7 announces 'progress' on Russian frozen assets but work still to be done
Ukraine's Western partners and other allies froze around $300 billion in Russian assets at the start of the full-scale invasion in 2022. Roughly two-thirds are held in the Belgium-based financial services company Euroclear.