EU agrees €3B raid on Russian assets to buy weapons for Ukraine – POLITICO
“The money will serve to support #Ukraine‘s recovery and military defence in the context of the Russian aggression,” the Belgian government,...
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Europe’s banks retreat from Moscow, with the ECB at their heels – POLITICO
But the slowness of the sale process had frustrated regulators on both sides of the Atlantic. Earlier this year, Acting...
ECB may force EU banking major out of Russia – Reuters
© Getty Images / NurPhoto / Contributor Italy’s UniCredit could reportedly face sanctions for continuing to do business in the country...
Major bank says EU trying to force it out of Russia
A branch of The Raiffeisen Bank in Moscow, Russia. © Christian Charisius/picture alliance via Getty Images Raiffeisen says it expects...
Fraud-busters swoop on Greek contracts involving €2.5B of EU recovery funds – POLITICO
Alleged bid-rigging The complaint by European Dynamics was transferred to OLAF, which sent it to the EPPO for investigation for...
Lamborghini and Rolexes seized in massive EU police raid over €600M Covid fraud – POLITICO
Italy is the largest beneficiary of the EU’s post-Covid economic recovery fund, with €191.5 billion in grants and loans to...
EU leaders flock to Egypt to ink €7.4B economic aid, migration deal – POLITICO
The EU-Egypt deal coincides with an uptick in irregular migration to the bloc of wealthy countries. Following a lull in...
US presses Austria’s Raiffeisen to quit Russia – POLITICO
On the surface, that change of ownership removed an obstacle to the swap. But Iliadis was founded only seven months...
US threatens EU bank with sanctions – media
© Sputnik / Maria Devkhina Washington has reportedly warned Austria’s banking giant Raiffeisen over its operations in Russia © Sputnik /...
US to threaten Austria with sanctions over economy ties with Russia
A US Treasury official will visit Vienna to convey warnings to Raiffeisen Bank International of US sanctions over continuing financial...
