ECB Slams European Commission Proposal To Guarantee €140 Billion Loan To Ukraine

Following earlier news that according to Russia talks with the US about a Ukraine peace plan were “constructive”, but “no compromise” had been reached on territorial issues, Rabobank's Michael Every said earlier that he sees "serious concerns this ends up in an ugly --and expensive-- deal which weakens Europe." Pressure is also increasing for NATO to spend more, faster: but with whose money, he asked rhetorically. And most notably, "