Germany is ready to support the EU ban on Russian oil, if it is gradual

The pandemic has left persistent vulnerabilities in the eurozone economy that contribute to the uneven normalization of our monetary policy among different countries, the ECB said. The ECB has instructed Eurosystem committees and ECB services to accelerate the development of a new mechanism to combat fragmentation. Why it matters. Rising

"The EU is ready in principle to go to the oil price cap," von der Leyen added. Earlier, the head of the U.S. Treasury Yellen said that the U.S. is not against the purchase of oil by India above the price cap. The WSJ also reported citing sources

The euro adds nearly 3% to the ruble. However, it is worth noting: the ruble exchange rate on the Moscow Exchange is very volatile. Today's rise in the currency does not necessarily mean a trend reversal.