BLOOMBERG The European Union (EU) has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focussing on using those assets temporarily, according to a document obtained by Bloomberg. The EU is zeroing in on two options as it keeps exploring how it could harness more than €200 billion ($219 billion) in frozen Russian central bank assets …

BLOOMBERG The Swiss government agreed on the parameters for possible future negotiations with the European Union (EU), part of its long-running effort to arrange new treaties with the bloc. The government seeks to “stabilise and develop relations with the EU. It aims to guarantee barrier-free access to the EU’s single market in certain sectors,” it said in a statement. The …

BLOOMBERG Chancellor Olaf Scholz urged Germans to sign up to his vision of the country’s technological and environmental transformation and warned against the rise of “ill-tempered” political rivals he accused of exploiting the fears of ordinary citizens. In a clear reference to recent gains by the far-right AfD in opinion polls, Scholz said the priority for him and his government …