European Union & Valdis Dombrovskis

European Union: The European Union, through its Economic Commissioner Valdis Dombrovskis, expressed concerns about the US sanctions waiver on Russian oil and stressed the need for continued pressure on Russia.

Valdis Dombrovskis: As the EU economy commissioner, Valdis Dombrovskis>>> denounced the United States>>>' waiver of sanctions on Russian oil, stating that it is not the time to ease pressure on Russia>>> and that Russia>>> is benefiting from the current conflict.

European Union: The European Union is pushing to use Russia's frozen assets, held by Euroclear, as collateral for a loan to Ukraine. This initiative is the direct cause of the lawsuit filed by the Iraq — Central Bank of Iraq and has led to concerns about legal and financial risks, as well as potential undermining of confidence in the euro currency.

Valdis Dombrovskis: Valdis Dombrovskis, Economy Commissioner, stated that Russia would continue to launch speculative legal proceedings to prevent the EU from upholding international law.

Valdis Dombrovskis: Valdis Dombrovskis, the European Union's economy chief, stated that 210 billion euros in Russian assets could potentially be used.