BankingThe ECB has cut its key interest rate: So what? – POLITICOJune 6, 202487Now, however, the banks will have to charge a little less interest on their loans. That means they might profit...
BankingECB to deliver historic rate cut on Thursday – POLITICOJune 5, 202460Thursday’s decision will mark the first time in over two decades that it will have lowered borrowing costs in response...
FinanceEU looks at using its own budget as guarantee for huge loan to Ukraine – POLITICOJune 4, 202468This idea would be a major step forward from the EU’s recently agreed plan to use most of the profits...
BankingA (not so) brief ‘criminal’ history of the ECB – POLITICOMay 28, 2024105Racketeering Rimšēvičs: Currently fighting to get his prison sentence overruled, former Latvian central bank chief Ilmārs Rimšēvičs was found guilty last...
FinanceEurope left worried by US plan on Russian assets to pay for Ukraine – POLITICOMay 25, 2024109While the signals are now strong that Europe will agree to the U.S.-led proposal to leverage the future profits of...
FinanceA $50B US-EU deal for Ukraine is in sight – POLITICOMay 23, 2024111No immediate deal Talks will take place during a meeting of G7 finance ministers in Stresa, a picturesque town on...
MoneyThe EU’s fund for Ukraine is already running low – POLITICOMay 15, 202443With most of its domestic revenues going towards the war effort, Kyiv heavily relies on foreign funding to cover essential...
MoneyHow dirty Russian money taught Latvia to get serious on sanctions – POLITICOMay 10, 2024123Centralization across the EU may sound good on paper, but Laura Aus, deputy head of the Estonian Financial Intelligence Unit,...
FinanceEU announces deal with Andorra and San Marino – just don’t mention finance – POLITICOMay 7, 202469Nonetheless, the deal is “one of the most far-reaching offered by the EU to outside partners,” Commission vice-president Maroš Šefčovič...
MoneyUkraine wants to use EU money to grow its military-industrial complex – POLITICOMay 6, 202462Kamyshin said his country's arms industry can produce about $20 billion worth of weapons. The Ukrainian government plans to issue...