EU agrees to utilize revenue from frozen Russian assets to arm Ukraine
€191 billion ($205 billion) in Russian funds currently held in the Belgian clearinghouse Euroclear are at the center of this...
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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,...
Make the single market ‘sexy,’ Italy’s ex-PM urges EU leaders – POLITICO
“The true step today,” he continued, “is to move from the capital markets union as it was before to an...
EU Backs Competitiveness Push, but Divisions Persist
By Philip Blenkinsop and Nette NoestlingerBRUSSELS (Reuters) -European Union leaders agreed to reforms on nine fronts on Thursday to revitalise the bloc's economy and help it catch the United States and China in the global tech race, but still exposed differences on freeing up the money required to do so.Leaders first heard from former Italian Prime Minister Enrico Letta, tasked with assessing the shortfalls of the EU single market, who has warned this is the bloc's last opportunity to act.Letta's report said the rise of geopolitical tensions and protectionism threatened...
Londongrad forever? Why the UK may never seize Russian assets – POLITICO
LONDON ― In politics, reality rarely matches rhetoric. And the reality is Britain will probably never seize Russia’s money. Plenty...
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...
EU and US vow to team up against China, but can’t hide the cracks – POLITICO
Washington was pushing to “put China in the text every two sentences,” said one European diplomat who was granted the...
EU’s Russiagate hits German far right – POLITICO
The AfD is just one of several parties in Europe with pro-Russian views. Others include Hungary's Fidesz, France's National Rally,...
The EU wasted €60M on a pointless fintech fad — but the Belgians won’t let it die – POLITICO
That is, at least, until Belgium’s digitalization minister, Mathieu Michel, decided to use the country’s EU presidency, which expires in...
Snapshot: economic and financial sanctions in Belgium
Economic and financial sanctionsAsset freezesIn what circumstances may a person become subject to asset freeze provisions in your jurisdiction? What...
