US EditionEurogroup elects new head as Russian frozen assets debate rages
- Finance ministers from the 20-country Eurozone will elect a new Eurogroup chief as the EU discusses the use of frozen Russian assets to aid Ukraine.
- Vincent Van Peteghem and Kyriakos Pierrakakis are candidates to replace Paschal Donohoe, who unexpectedly resigned.
- Belgium's Vincent Van Peteghem opposes tapping 200 billion euros of frozen Russian assets for Ukraine loans.
- The Eurogroup chief holds significant influence in EU policymaking, alongside prominent leaders such as Ursula von der Leyen and Antonio Costa.
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69 Articles
Europe Moves to Seize Russian Assets for Ukraine Aid
Europe Moves to Seize Russian Assets for Ukraine Aid Europe is set to take decisive action in the coming days to immobilize Russian assets, aiming to fund Ukraine's pressing financial needs, announced Ireland's finance minister Simon Harris during a euro zone finance ministers’ meeting. Harris emphasized the urgent necessity of ensuring Russia bears financial responsibility for its actions against Ukraine.The European Commission has put forward …
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Eurogroup elects new head as Russian frozen assets debate rages
Finance ministers from Europe's 20-country single currency area are to choose the next Eurogroup chief on Thursday, as the EU weighs a tough decision on using frozen Russian assets to aid Ukraine.
Amid intense negotiations and geopolitical pressures, the crucial Eurogroup meeting is currently taking place in Brussels, with two central issues dominating the agenda: the election of the new Eurogroup President and the management of frozen Russian assets to support Ukraine. The statements of the finance ministers upon their arrival reveal a complex field of interests, where the election of the next President is intertwined with Belgian concer…
Ursula von der Leyen's European Commission is putting pressure on member states to agree at next Thursday's summit on the seizure of "frozen" Russian funds in... The Commission wants frozen Russian funds to be "seized" in all member countries - ΙΝΑΤΕΜΟΠΟΡΙΚΙ
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