EU seeks to deploy Russia’s frozen billions to boost European arms sales – POLITICO
Finance ministers will take up the debate when they meet in Luxembourg Oct. 10. A big sticking point,…
ECB’s Šimkus backs EU plan to mobilize Russian cash for Ukraine’s defense – POLITICO
“Wouldn’t we end up with an outcome that creates more risks for the euro?” he said, adding that…
Germany backs EU’s ‘creative’ plan to send frozen Russian cash to Ukraine – POLITICO
Supporters of the Commission’s plan claim that it would be legally secure as it wouldn’t technically expropriate the…
Euro’s ‘global moment’ risks slipping away amid political division
By Balazs Koranyi, Jan Strupczewski and Elisa Martinuzzi FRANKFURT/BRUSSELS/LONDON (Reuters) – -As alarm over Donald Trump‘s trade policy…
UK proposes using billions in frozen Russian cash for Ukraine loans – POLITICO
While the lion’s share of Russian assets — €185 billion — is frozen in the EU at Belgium-based…
Euro is growing stronger, and that’s good news for your wallet
Global markets Nearly half of Irish CEOs rank the country among their top three priorities for capital allocation…
France on a Hot Plate.. The Confidence Vote for the Government Reflects a Crushing Political and Economic Crisis
France is preparing for a fateful event on Monday, which involves the National Assembly voting on granting confidence…
Early signs emerging of euro’s beefed-up global status, ING says
LONDON (Reuters) -There is early evidence that bond issuers and investors are making greater use of the euro,…
Stocks rise amid global bond sell-off while gold hits fresh highs
Oil prices fell by more than 1.5% on Wednesday ahead of an upcoming meeting of OPEC+ producers that…
Italy close to exiting EU’s excess deficit procedure, ECB’s Lagarde says
ROME (Reuters) -Italy will soon leave the European Union’s excessive deficit procedure as it is close to bringing…