China's E-CNY Could Balance EU-US Bullying

BRUSSELS, March 19 (Reuters) - The European Union should take 90% of revenues from Russian assets frozen in Europe and transfer them to an EU-run fund that finances weapons for Ukraine, the bloc's foreign policy chief Josep Borrell proposed on Tuesday.
Borrell told reporters in Brussels he would submit a formal proposal to the EU's 27 member governments on Wednesday, ahead of a summit of the bloc's leaders on Thursday and Friday.