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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessEU Summit Begins with Ukraine Membership Bid, Financing Package on Agenda
- The European Union begins a summit in Brussels where the bloc is scheduled to decide on a EUR50bln financing package for Kyiv and on whether to start EU membership talks with Ukraine. Prime Minister Orban has been blocking both issues so far.
- As a reminder, the European Commission unlocked EUR10.2bln of funding for Hungary just ahead of the EU Council summit today. This followed the Hungarian government passing related judicial reforms in parliament. Around EUR21bln of Hungary's funding remains locked, the Commission added.
- There are no major releases on the local docket today with attention shifting to the ECB rate decision later this afternoon, where a hold decision is unanimously expected.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.