46 h. ago Europe mulls using frozen Russian assets to fund loan to Ukraine

The EU has already poured in €174 billion since the war started in February 2022

Politics

50 h. ago EU leaders consider using seized Russian assets to fund a loan to Ukraine

European Union leaders are weighing a scheme to provide long-term financial and military support to Ukraine using hundreds of billions of dollars in frozen Russian assets

Politics

52 h. ago Europe ‘in most difficult and dangerous situation since second world war,’ Danish PM warns – Europe live

Mette Frederiksen says she backs the European Commission’s proposal for a reparation loan for Ukraine, secured on frozen Russian assetsSiliņa says the EU should move on drones very quickly, as she rejects some criticism that fully developing the bloc’s “drone wall” could take up to three-four years.“We don’t need three years, and I believe we can do it in a much shorter time.It just depends on the leaders [if] we can agree on a much shorter time, because with drones, how they’re developing so fast, three years is too long.” Continue reading...

Events

6 d. ago EU to move forward with plans for drone wall amid Russian incursions

Ministers aim to bolster defences after spate of airspace violations, amid rising momentum for €140bn loan to UkraineThe EU has agreed to move forward with plans for a drone wall at the heart of its eastern defences, as momentum grows for a €140bn loan to Ukraine, based on Russian frozen assets.After a meeting with ministers from 10 mostly central and eastern European member states, plus Ukraine, the EU’s defence commissioner, Andrius Kubilius, said a drone wall to protect against incursions from the skies was an immediate priority and core element of the bloc’s eastern flank defences. Continue reading...

Events

8 d. ago Germany’s Merz backs using frozen Russian assets for Ukraine

Chancellor calls on Europe to unlock €140bn loan and ‘massively raise the costs’ of Kremlin aggression

Politics

1 week ago UK to explore ‘reparations loan’ for Ukraine using frozen Russian assets

Treasury officials also declined to discuss the mechanisms the UK would consider.

Politics

2 w. ago EU explores using €170bn of Russia’s frozen assets to fund Ukraine

Some capitals remain wary over ‘reparation loans’ plan, as US calls on G7 to tap Moscow’s money immobilised abroad

Politics

3 w. ago Belgium to soften stance on frozen Russian assets if EU shares risk

Foreign minister warns bloc not to ‘kill the hen laying golden eggs’

Events

3 w. ago Belgium open to softening stance on frozen Russian assets if EU shares risk

Foreign minister warns bloc not to ‘kill the hen laying golden eggs’

Events

3 w. ago London’s IPO drought: Fund managers turn to private assets to ease pressure

London’s IPO drought: Fund managers turn to private assets to ease pressure  Financial Times

Economics

4 w. ago Russia warns UK it may seize British property after weapons buy

Senior official says Moscow will respond to ‘any illegal seizure of frozen Russian funds’

Events

last month Top pension fund pulls €14bn from BlackRock in sustainability pivot

Dutch fund dumps world’s largest asset manager as European investors increasingly diverge with US over ESG

Economics