Finance

WARPE opposes putting fish on the stock exchange, - Prime

In Russia there is a pilot project for the sale of aquatic bioresources on exchanges, but it does not assume the obligation of market participants to sell some products on such trading platforms. The Ministry of Finance proposed to establish quantitative norms for the sale of goods on the exchange in case of a "significant" change in the conditions of circulation.

Forced exchange trade in fish products would be an unnecessary link in the sale of products, according to the materials of the All-Russian Association of Fish Producers (VARPE).

ECB tries to save EU economy - central bank will be flexible in reinvesting PEPP program

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

Price for oil price cap yet to be determined, head of European Commission

"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

U.S. officials forced to roll back plan to limit Russian oil prices - Bloomberg

India and China - Russia's most important trading partners - will not participate, Bloomberg sources said. The price cap plan is still alive after all. However, the price cap will be higher than previously thought. Earlier, U.S. Treasury Secretary Yellen said the price ceiling could be in the range

Read next