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EU sanctions against Putin and Lavrov, but the swift knot remains.

2022-02-25T18:59:06.738Z


Rebound of European stock exchanges that feared stronger measures Lagarde: 'Ready to do what is necessary for eurozone stability' (ANSA)


The EU is working on new sanctions which, according to Berlin, would include "severe" measures against Putin and Foreign Minister Lavrov.

Europe split on the exclusion of Russia from the Swift system: France in favor, Germany slows down, Italy specifies that it has not vetoed.

Strong rebound in European stock exchanges, which expected more disruptive measures: London closed at + 3.91%, Paris at + 3.55%, Frankfurt at + 3.67% and Milan at + 3.59%.

Moscow recovers around 20% after yesterday's collapse.

The Central Bank of Russia is asking the institutions under its supervision to postpone the payment of dividends. 

Lagarde: 'Ready to do what is necessary for eurozone stability'

- The European Central Bank is ready to take all possible measures "to guarantee price stability and financial stability in the eurozone": said the president of the ECB, Christine Lagarde, at a press conference at the informal Ecofin in Paris.

"We know that since Russia's invasion of Ukraine gas prices have risen by around 22.2% for eurozone imports from Russia. Prices are currently 6 times higher than last year. oil is 54% higher than last year ".

We are closely monitoring the situation in Ukraine "and the" comprehensive assessment of the economic outlook "will include" these latest developments "in view of" the monetary policy meeting on March 10 ",

Source: ansa

All life articles on 2022-02-25

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