No ECB money, Mogherini arrested: Tough times for von der Leyen:
The ECB will not guarantee the expropriation of Russia. The former EU High Representative for ...
berliner-zeitung.de/wirtschaft-verantwortung/kein-ezb-geld-verhaftung-von-mogherini-schwere-zeiten-fuer-von-der-leyen-li.10008385
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EU Faces Financial Setback and Corruption ProbeECB rejects €140B loan guarantee for Ukraine; former EU envoy Mogherini arrested over alleged fund misuse.
Key FactsDec 3, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: berliner-zeitung.de
Summary created with AI assistance · Source: berliner-zeitung.de
- The ECB declined to back a €140 billion loan aimed at seizing frozen Russian assets held at Euroclear.
- The bank concluded the plan violated its mandate and EU laws prohibiting monetary financing.
- Former EU foreign policy chief Federica Mogherini was detained amid investigations into suspected misuse of EU funds.
- Authorities are examining potential collusion in awarding grants to the College of Europe, where Mogherini serves as rector.
Such a proposal will not be considered, as it would most likely violate EU treaty law, which prohibits monetary financing.— The ECB stated this in its internal analysis regarding the rejection of the European Commission's proposal.
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High Representative of the Union for Foreign Affairs and Security Policy
#high-representative-of-the-union-for-foreign-affairs-and-security-policy
Vice - President of the European Commission for Foreign Affairs
detention of a person and taking them into custody, usually because they have been suspected of committing or planning a crime
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