Russia & Valdis Dombrovskis

Russia: Russia is gaining from the Iran war due to increased fossil fuel prices, and the US decision to extend a sanctions waiver for Russian seaborne oil has caused tension within the G7.

Valdis Dombrovskis: Valdis Dombrovskis, Europepean Economic Commissioner, stressed the need for continued pressure on Russia and progress in raw materials partnerships.

Russia: Russia, through its Central Bank, has initiated a lawsuit against Euroclear to recover losses from frozen assets, condemning the EU's plans to use these assets as illegal and a violation of sovereign immunity. Russia views any such move as theft and has threatened retaliatory measures.

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.

Valdis Dombrovskis: Valdis Dombrovskis, European Commissioner for finance, warned against easing sanctions on Russia, noting its economic benefit from high energy prices.