German Chancellor Friedrich Merz also hailed the decision, which came after EU leaders worked deep into Thursday night to ...

Zelenskyy had appealed for a quick decision to keep Ukraine afloat in the new year. The International Monetary Fund estimates that Ukraine will need 137 billion euros ($161 billion) in 2026 and 2027.

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The government has begun discussions to develop a credible strategy to permanently exit the International Monetary Fund (IMF) ...

Learn how interest rates affect savings, borrowing, and the economy, impacting personal and business finances. Discover their ...

The Bank of Japan raised benchmark rates by 25 basis points to 0.75%, their highest level since 1995, and in line with ...

EU leaders early Friday announced a multi-billion dollar funding plan for Ukraine’s economy and military for the next two ...

Learn how current transfers work in international transactions. Explore the different types, their significance, and how they ...

European Union leaders stalled early Friday in talks to provide a massive loan to Ukraine using frozen Russian assets, ...

Leaders couldn’t agree on using frozen Russian assets and will instead use money raised in financial market.

European Union leaders have agreed to provide a massive interest-free loan to Ukraine to meet its military and economic needs ...

Euroclear, a securities depository in Belgium, holds most of the Russian assets immobilized in the EU. Estimates of the ...