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ECB warns against seizing frozen Russian assets

Using the funds could jeopardize the euro’s reputation, the bank’s vice president has said The EU should not use frozen Russian assets in order to help rebuild Ukraine, the European Central Bank (ECB) vice president, Luis de Guindos, said in an interview with De Standaard and La Libre Belgique news outlets published on Wednesday.

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EU country urging Brussels to lift ban on Russian steel

Czech industries “cannot do” without supplies from the sanctioned country, Prague’s trade minister says The Czech Republic has asked the European Union to exempt Russian steel exports from sanctions as the country cannot find a replacement, Euroactiv reported on Tuesday.

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Scholz broke promises to German military – NYT

Soldiers have yet to see any of the billions of euros that the chancellor vowed to spend, the American newspaper reported Chancellor Olaf Scholz’s €100 billion ($109 billion) cash injection into the German military has yet to reach the barracks, where soldiers told the New York Times that they still lack weapons, ammunition, and working…

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