Putin wants ‘unfriendly’ countries to pay for Russian gas in roubles
Russia will seek payment in roubles for gas sales from "unfriendly" countries, President Vladimir Putin said on Wednesday, sending European gas prices soaring on concerns the move would exacerbate the region's energy crunch.
European stock markets: Banks raise stocks after a lackluster start to the week
European shares rose on Tuesday, boosted by gains in banks on prospect of aggressive interest rate hikes following hawkish comments by U.S. Federal Reserve Chair Jerome Powell.
Rouble steadies near 104 vs dollar, volatile OFZ bonds resume trading
The Russian rouble steadied near 104 to the dollar on Monday and OFZ treasury bonds returned to trading, albeit in a volatile fashion, while investors kept an eye on Russia's ability to service state debt and pay the coupon on its Eurobond.
German producer prices jump by record 25.9%
German producer prices maintained their record-breaking rise in February, increasing 25.9% year on year mainly because of energy prices, Federal Statistics Office data showed on Monday.
Analysis: Ukraine crisis another nudge for joint EU bonds
The path to permanent joint bond sales by euro zone governments will be long and bumpy, but Russia's invasion of Ukraine may have helped clear the way.