The NBU explains what the confiscation of Russian assets depends on and how much can be obtained from their profits in 10 years. The European Central Bank (ECB) cannot confiscate frozen Russian assets, said NBU head Andriy Pyshnyi. As he explained, confiscation requires a consolidated decision and a legal basis. “It is ab... #AndriiPyshnyi #ECB #G7 #nbu #RussianAssetsConfiscation #RussianAssetsProfits
The head of the ECB criticizes the US’ plans regarding the frozen assets of the Russian Federation. The President of the European Central Bank, Christine Lagarde, spoke critically of the idea to use more than €260B in frozen Russian assets to finance military aid to Ukraine. She warned about the leg... #ChristineLagarde #ECB #ReparationsForUkraine #RussianAssetsArrested #RussianAssetsConfiscation
The EU is arguing over the mechanism of using the Russian Federation’s frozen assets for Ukraine’s reconstruction of Ukraine. Differences of opinion arose between the European Commission and the European Central Bank regarding the use of profits from the investment of more than €200B in frozen assets belonging to the Russian... #ECB #EuropeanCommission #RussianAssets #RussianCentralBank #UkraineRecovery
The ECB urges banks to quicken their exit from the Russian Market. The European Central Bank is pushing lenders from the region that still have operations in Russia to accelerate plans to shrink or exit units in the market after President Vladimir Putin’s full-scale ... #AndreaEnria #ECB #ForeignCompaniesInRussia #RaiffeisenbankRussia #RussianMarket
The European Central Bank is preparing for a digital euro. The European Central Bank is preparing a project for a digital version of the euro, responding to pressure from emerging technologies that could change how money is exchanged in the future, reported A... #ChristineLagarde #DigitalEuro #digitalization #ECB
Amazon and four other companies will develop a digital euro prototype. The European Central Bank has chosen five companies to develop a digital euro prototype, writes Bloomberg. They are the American technology giant Amazon, the Spanish CaixaBank, the French Worldline SA... #DigitalEuro #ECB
