EU plays hardball: If you won’t seize Russia’s cash, open your wallets

The idea of joint European borrowing is rejected by most of the bloc’s governments. That’s why the Commission is using it as leverage to get them to approve the use of Moscow’s assets for Ukraine.

POLITICO
Das Update zum Streit um Putins Milliarden

Beim EU-Gipfel trifft Friedrich Merz auf die Realität europäischer Politik und auf die Blockade des belgischen Premiers Bart De Wever. Der Streit um die Nutzung eingefrorener russischer Staatsvermö…

POLITICO
For financial stability, we need more multilateralism — not less

Policy development alone is not enough. We need the timely and consistent implementation of agreed reforms across jurisdictions.

POLITICO
‘The insatiable dragon is here’: How a banking deal fired up Catalan politics

Catalans don’t want local banking champion Banc Sabadell to be acquired by Madrid-based BBVA, creating a headache for Prime Minister Pedro Sánchez.

POLITICO
EU trio in G7 look for US, Japanese backup in using Russian assets

The European Central Bank fears putting Putin’s assets to work could undermine the credibility of the euro. Tokyo and Washington would offer useful cover.

POLITICO
City faces £120M bill as Britain pushes savers into stocks

Bid to get Brits investing will include a “hero” film to promote the benefits of moving cash savings to stocks and shares.

POLITICO
France’s government collapses

Macron must now appoint his fifth prime minister in less than two years.

POLITICO

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Slovakia will block EU sanctions on Russia that hurt Bratislava’s interests, Fico says

“I am interested in being a constructive player in the European Union, but not at the expense of the Slovak Republic,” Prime Minister Fico said.

POLITICO