June 27, 2025

Ukraine

Finance

German finance minister says he’s ‘confident’ fiscal expansion won’t run afoul of EU rules – POLITICO

The scale of Germany’s ambitions to radically expand defense and infrastructure spending have raised thorny questions about how such spending can be reconciled with EU fiscal rules that Germany — previously a fiscal hawk — had long pushed for. Since March, however, Germany has led a concerted pushed for a loosening of those rules to

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Finance

Ukraine Finance Minister Keeps Trade Moving, Wants More Russia Sanctions

Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation

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Investment

NATO is on the cusp of accepting Trump’s 5% defense investment demand, Rutte says

BRUSSELS — Most U.S. allies at NATO endorse President Donald Trump’s demand that they invest 5% of gross domestic product on their defense needs and are ready to ramp up security spending even more, NATO Secretary-General Mark Rutte said Thursday. NATO is on the cusp of accepting Trump’s 5% defense investment demand, Rutte says “There’s

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Finance

German finance minister disagrees with Merz over Ukraine weapons policy – POLITICO

Adding to the confusion about the policy, Merz clarified Tuesday that the decision to lift restrictions on Ukraine’s use of Western-supplied long-range weapons had been made months ago. “The issue of limiting the range of deployed weapons played a role a few months and a few years ago. As far as I know, and as

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Banking

EU eyeing sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Banking

EU eyes sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Loans

Ukraine will not recognize old US military aid as loans

Ukraine is firmly rejecting the classification of US military aid in its fight against Russia’s invasion as a loan. “We are grateful for the support, but this is not a loan, and we will not allow it,” President Volodymyr Zelensky told journalists in Kiev on Friday. Zelensky also confirmed that Ukraine has received a new

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Crypto

how Russia is reshaping its crypto policy

Russia’s position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individuals to invest in cryptocurrencies. The shift is notable given

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Investment

EU lays out ‘massive investment’ boost in defense to deter Russia – POLITICO

Crucial elements of the new EU policy include favoring weapons production within the bloc and “like-minded third-country companies,” encouraging joint purchases of arms, making it easier to finance defense projects, focusing on key areas where the bloc has a capacity shortfall like air defense and military mobility, and slashing red tape on defense investments. Russia’s

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