Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Tag: European Central Bank
Allies Pledge Billions for Ukraine’s Recovery as Zelensky Stresses Urgency
The price tag for reconstruction has soared, driving debate among U.S. and European officials, legal experts and others about using frozen Russian assets to pay for it.
Eurozone Inflation Rises as Policymakers Weigh a Rate Increase
The annual rate of inflation reached 7 percent, but the underlying “core” rate eased for the first time in 10 months.
Eurozone Inflation Falls to 6.9%, as Energy Prices Ease
The rate of inflation in countries using the euro slipped to 6.9 percent over the year through March, from 8.5 percent the previous month, but underlying price gains edged higher.
Inflation in Eurozone Slows as Energy Prices Ease, but Officials Remain Wary
Consumer prices rose at an annual rate of 10 percent in November, down from 10.6 percent a month earlier, the first moderation in 18 months.
Your Friday Briefing
A possible deal on Ukraine’s blocked grain.
Your Thursday Briefing
The E.U. plans to ration gas.
Global Central Banks Ramp Up Inflation Fight
Central banks in the U.S., Europe, Canada and parts of Asia are lifting interest rates rapidly as they try to wrestle breakneck inflation under control.
Workers in Europe Are Demanding Higher Pay as Inflation Soars
Prices are rising at the fastest rate on record, and unions want to keep up. Policymakers worry that might make inflation worse.
Mario Draghi Saved the Euro. Can He Now Save Italy?
Mario Draghi has broad support as he tries to form a new government and restore Italy’s credibility and clout in Brussels. But Italian politics is a dangerous place for an enigmatic technocrat.