Eurozone
EU Commission looking into Mandelson’s Epstein links
EU “assessing” potential rule breaches after Epstein files suggest ex-Commissioner gave advance notice of €500 billion bailout to save the euro.
Eurozone growth better than expected at end of 2025
Europe wonders whether it can afford to take on the US dollar
Global turmoil has Sweden flirting with the euro
Croatia secures shock victory in ECB race
Brussels unveils plan to fill up Ukraine’s war chest with billions to spend on weapons
Kyiv needs the money to keep the country functioning and its military fighting as the Russian invasion nears its fifth year.
Latvian governor strives to rise above Baltic fray in ECB board bid
Governor Mārtiņš Kazāks faces stiff resistance for a coveted spot on the European Central Bank’s six-strong executive board.
6-way bidding war emerges for ECB vice presidency
Eurozone finance ministers will pick the winner behind closed doors in a secret ballot on Jan. 19
Bulgaria adopts the euro
“The introduction of the euro is the final milestone in Bulgaria’s integration into the European Union,” president says, but public opinion isn’t so convinced.
How do Bulgarians feel about joining the euro?
The Balkan nation is sharply divided about bidding farewell to the lev.
EU to pay €3B a year in interest for Ukraine loan
Leaders opted to raise common debt rather than leverage frozen Russian assets to finance the loan.
Putin blasts attempted EU ‘robbery’ of Russian assets
EU leaders opted for joint debt to fill Ukraine’s war chest, holding Moscow’s frozen assets as collateral.
ECB keeps rates unchanged as prospects brighten
The central bank has raised its growth forecasts after dodging Donald Trump’s trade bullets.
EU wrestles over 11th-hour compromise to rescue summit deal on Ukraine aid
Countries are sharply divided over whether to use Russia’s frozen assets to bolster Kyiv’s shattered finances.
Belgium says Russian assets plan ‘going backward’ ahead of EU summit
The EU is in a race against time to appease Belgian concerns over a €210 billion financing package for Ukraine that leverages frozen Russian state assets.
From Grexit to Eurogroup chief: Greece’s recovery story
Kyriakos Pierrakakis’ journey from computer scientist to president of the Eurogroup.
Belgium demands extra cash buffer for Russian assets loan
The threat of Kremlin retaliation has Belgium demanding more money to protect Euroclear.
France, Italy told they won’t be hurt by EU’s €210B megaloan to Ukraine
Brussels’ letter soothes French and Italian fears that signing up to the loan might damage investor confidence.
European Parliament wins chance of bigger say in ECB vice president race
Early private hearings will give lawmakers a chance to press key demands such as gender balance.
4 questions as France faces critical budget crunch
The French government’s future is riding on a key budget vote slated for Tuesday.
Here’s how EU capitals would divvy up Ukraine loan backstop under €210B frozen assets plan
Germany faces the biggest potential bill — €52 billion — for guaranteeing a proposed loan against frozen Russian assets.
Hungary shoots down eurobonds as alternative to EU’s Russian asset plan
Friday’s veto of a joint debt issue raises the stakes for efforts to convince Belgium to release frozen assets.
Lagarde: Leaders must ensure female presence in ECB leadership
The shortlist for the new vice-presidency suggests a further extension of male dominance in the Eurosystem.
ECB frets at prospect of Trump ally running US central bank
A politicized Fed could be bad news for central banks everywhere, officials fear.
Merz dashes to Brussels for talks with De Wever and VDL on Russian assets
EU leaders are scheduled to discuss the initiative in Brussels on Dec. 18.
Russian assets proposal: 5 main takeaways
It’s a long and tortuous path to keeping Ukraine’s fight alive.
Commission unveils €165B loan to Ukraine using Russian frozen assets
Belgium’s foreign minister has already expressed concerns over the plan.
France’s business leaders scramble to shape far right’s agenda as election looms
The business community wants the far right to become more market-friendly, but there’s a long way to go.
Putin warns EU ‘theft’ of frozen assets will trigger retaliatory measures
Russian leader says the use of the assets will be a “theft” and a stress test for Europe’s economy.