VT Foreign Policy What will become of EU rating after the theft and how that will affect the EU Foreign Capital Balance invested in Europe? A possible Bankruptcy? The End of the EU?
By Claudio Resta
This week the EU is going to decide how to steal the money seized to russia.
The European Commission will present a proposal this week on how Europeans could use the frozen Russian funds.
âThis issue is considered a taboo break among central bankers and can cause enormous problems in international financial relations,â writes the German financial daily Handelsblatt.
The factor that emerges is how much the useless war in Ukraine requires financial resources which evidently not all Western states are interested in spending. Furthermore, if the EU accessed the frozen reserves of the Russian central bank, Brussels would damage the Eurozoneâs reputation as a safe haven among international investors, and would break a never-before-exceeded threshold in international financial relations.
Read Full Article Here…(vtforeignpolicy.com)
Home | Caravan to Midnight (zutalk.com)
Live Stream + Chat (zutalk.com)
Be First to Comment