Negotiations over the EU’s 11th package of sanctions on Russia have stalled due to opposition from Athens and Budapest, which want their companies removed from a list of ‘war sponsors’ compiled by Kiev, according to Politico.

The Russian Central Bank (Bank of Russia) on Friday imposed restrictions on the movement of funds to countries that introduced economic sanctions against Russia in connection with its military operation in Ukraine.

France and Germany have warned that outright confiscation would reflect badly on the West’s financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.