EU seeks US and Japan support for using Russian assets at upcoming G7 meeting
The European Central Bank fears putting Putin’s assets to work could undermine the credibility of the euro. Tokyo and Washington would offer useful cover.…
EU leaders to discuss bolstering defence and support for Ukraine in Copenhagen
On Wednesday, EU leaders will convene in Copenhagen to discuss bolstering European defence and extending additional support to Ukraine, amidst concerns regarding the seizure of frozen Russian assets held in Brussels, reports…
De Wever rejects proposal to use frozen Russian assets for Ukraine loan
Belgian Prime Minister Bart De Wever on Friday firmly rejected a proposal by German Chancellor Friedrich Merz to use frozen Russian central-bank assets to finance a large loan for Ukraine. “Taking Putin’s…
EU proposes new approach to allocate frozen Russian assets to support Ukraine’s budget shortfall
Replacing seized assets with EU bonds could allow Brussels to tap Russia’s frozen assets to fund Kyiv’s war effort.…
European regulator warns tokenised stocks may cause investor confusion
EU Securities Watchdog Raises Concerns Over Blockchain-based Assets The European Union’s securities regulator warned on Monday that blockchain-based assets linked to equities may cause “investor misunderstanding,” as ownership of these assets does…
EU countries debate using frozen Russian assets to support Ukraine amidst legal and political divisions
COPENHAGEN — EU countries want to utilize immobilized funds to support Ukraine, but they remain divided on the approach, particularly regarding the full seizure of these assets, reports 24brussels. While the EU…
EU considers escalating sanctions against Russia following missile strikes in Kyiv
Copenhagen, DENMARK – Russia’s latest missile barrage in Kyiv damaged the EU mission’s building and the British Council. The attack sets the stage for this week’s meeting of EU foreign ministers in…
Diosdado Cabello rejects U.S. claims of seizing $700 million linked to Maduro
Venezuelan Official Rejects U.S. Claims of Seized Assets Venezuela’s Minister of the Interior and Justice, Diosdado Cabello, dismissed accusations from the United States regarding the seizure of over $700 million in assets…
Belgian PM pushes back on UK pressure to seize frozen Russian assets
On Wednesday, Belgian prime minister Bart De Wever rejected British calls to seize frozen Russian central bank assets to support Ukraine. He warned that doing so carries serious financial and geopolitical risks.…
Number of dollar millionaires in Belgium declines further
The number of dollar millionaires in Belgium fell to 134,600 in 2024, 2.5 per cent less compared to the year before. This marks the third consecutive annual decline, according to data released…