ECB Torpedoes Commission Plan to Use Frozen Russian Assets for €140bn Ukraine Loan
Frankfurt refuses to underwrite emergency liquidity, warning the scheme breaches EU law and risks “monetary financing”.
Frankfurt refuses to underwrite emergency liquidity, warning the scheme breaches EU law and risks “monetary financing”.
EU reparations loan for Ukraine faces legal, financial, and political hurdles as member states push back.
Speculation grows over Christine Lagarde’s successor at the European Central Bank, with potential French and Greek connections shaping the conversation.