ECB needs full optionality with risks on both sides, Kazaks says https://t.co/H31icPn72m via @aaroneglitis @weberalexander

New: NATO currently lacks the resilience for a protracted conflict, its naval chief warns. My exclusive interview with VADM Mike Utley covers Russia, China, defence spending + why maritime activity is far more complex than during the Cold War. Free here:

Experience speeds up to 400+ Mbps to enjoy 4K streaming on multiple devices at once, working from home effectively, online gaming, social media browsing, and more. Order online in under 2 minutes.

@Allassar2 Time to revive all those (correct) eurozone-crisis era takes about how, when things get seriously rough, the EU reveals itself to be a body of pure politics rather than legal pettifogging.

Not agreeing the loan backed by Russian assets sounds like a defeat for the EU. But the alternative funding method - Eurobonds - is better. It doesn’t carry legal risk; it’s easier to repeat; it keeps Ukraine solvent. And it shows that collective EU borrowing is here to stay

Russia is losing billions of dollars each month because of oil sanctions... Discounts on Russian oil have risen to 30% and in some cases over 50% (!) relative to Brent.

Bloomberg News: Russia Will Be Paying For Its War on Ukraine Long After It Ends Moscow is turning to immense borrowing as reserves deplete, issuing way more debt even than during Covid, with huge interest rates Vast debt servicing costs to rise further https://t.co/gA5Dvg12Dk

Significant development via @AlbertoNardelli @DarynaKrasno The plan for security guarantees for Ukraine is detailed, robust and serious, according to people familiar with the proposals An 800,000-strong Ukrainian army would provide the first line of deterrence, with weapons

On the second day of Russia’s invasion of Ukraine, one of President Vladimir V. Putin’s closest aides refused to follow his orders. The story of Dmitri Kozak:

Belgian politicians and finance bosses targeted by Russian intelligence over seized assets

SCOOP: The US is preparing fresh sanctions on #Russia’s energy sector to increase pressure on Moscow if Putin rejects a peace agreement with #Ukraine, according to people familiar with the matter. From @KateSullivanDC @AlbertoNardelli @nat_droz and me https://t.co/wzNo3gWmL2

BREAKING: Keir Starmer says the UK is today issuing a licence to transfer £2.5 billion from the sale of Chelsea football club, previously owned by Roman Abramovich, to Ukraine

GDP per capita has doubled in all three Baltic states since 2000— Since 2000, GDP per capita has doubled in all three Baltic states: Estonia, Latvia, and Lithuania (where it has nearly tripled). Living conditions in these countries have improved more broadly. Poverty rates are

The "normalisation" of US ties with Belarus is heralds a far more dramatic reset with the Kremlin

EU countries closest to Russia will next week start work on concrete steps to boost the bloc’s defenses against their eastern neighbor, Finnish Prime Minister Petteri Orpo said

Belarusian President Alexander Lukashenko pardoned 123 prisoners in response to the US lifting sanctions on his country’s potash exports, the state-owned news agency Belta reported

ECB’s Kazaks says inflation near target but momentum picking up https://t.co/iLvRD6o2Wk via @aaroneglitis

A #Danish intelligence agency has for the first time described the US as a potential security risk https://t.co/8qJCxTXOpE by @sanne_wass

Lots of moaning from Americans about European Union fines on social media companies. I think they're all forgetting the truly enormous fines paid to US authorities by European banks.

Europe's borderlands are preparing for a war with Russia that they hope never comes. Whether that's spending millions fortifying defenses or helping citizens prepare survival kits, the Baltic countries are learning that all that preparation takes a toll: https://t.co/PGGJtZ5x1L

NEW: Volodymyr Zelensky says US and Ukrainian negotiators remain apart on key issues, in an interview with Bloomberg’s @DarynaKrasno this morning He says further discussion is needed on a number of “sensitive issues,” including clarity over US security guarantees He also says