G7 moves towards agreement on money for Ukraine from frozen Russian assets

Finance ministers and Central Bank governors pose at the G7 meeting in Stresa, northern Italy (Antonio Calanni/AP)

Finance officials from the Group of Seven rich democracies said they had moved towards agreement on a US proposal to squeeze more money for Ukraine from Russian assets frozen in their countries.

But the ministers left a final deal to be worked out ahead of a June summit of national leaders.