Ukraine needs the money Russia owes it, all of it and fast
They will privately brainstorm options for a sanctions-proof infrastructure before quietly implementing them
Confiscating hundreds of billions of foreign reserves could transform Ukraine’s war. But the US and Europe disagree on how far to go
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep Singh
Hope that Washington’s idea could generate tens of billions in cash for Kyiv
How Moscow can be made to compensate Ukraine without confiscation
Move will allow securities holders to claw back value of investments frozen over Vladimir Putin’s war in Ukraine
Chief executive Lieve Mostrey says move would trigger similar risks to European financial system as outright seizure
Also in this newsletter: Europe’s farmer protests head to Rome
EU is moving to use profit from the €191bn in immobilised Russian assets to help Ukraine
Households took on subsidised mortgages and deals with groups leaving the country rose, according to central bank
Agreement marks first step towards potential handing over of billions of euros to Ukraine
Getting the most we can out of available public sources
Moscow must be made to pay, but without risking harm to global financial stability
G7 allies are debating whether to spend Moscow’s frozen funds to support Ukraine
US discussion paper argues confiscating some of Moscow’s $300bn ‘consistent with international law’
European Commission expected to put forward legal proposals in December
Now you see them, now you don’t
Also in this newsletter: How Poland’s election result could unblock its EU recovery funds
Policymakers at odds over how to deal with economic fallout from invasion of Ukraine
Currency trades at its lowest level since the aftermath of Moscow’s full-scale invasion of Ukraine
Central bank fears damage to euro while EU leaders want more detail before endorsing plan
Some European capitals think diverting interest from Russia’s frozen assets will dent confidence in the euro
Berlin and other capitals are wary of legal and financial repercussions
Frankfurt fears tapping interest from trapped Russian assets could dent confidence in euro as global currency
International Edition