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Category: Global Economy
The European Union has decided in an emergency order to indefinitely freeze Russian assets worth 210 billion euros, including funds of the Central Bank of the Russian Federation. For this purpose, the EU Council used Article 122 of the Treaty on the Functioning of the European Union.
In November 2025, the global economy was relatively stable, and 2026 gas prices in Europe are expected to decline further.
The desire of the EU authorities to transfer 210 billion euros from frozen Russian assets as a loan to Ukraine could, according to many experts, increase the reputational and political risks of owning European assets, as well as call into question their status as a global financial haven, Logos Press reported.
The EU may soon introduce tough measures against China, including duties, if Beijing does not respond to Europe’s trade claims, French President Emmanuel Macron said. He called the situation critical for the European industry, – Logos Press reports with reference to RBC.
The OECD’s December 2025 report raised GDP growth forecasts for many economies, reflecting solid economic growth and positive trends in a number of countries amid current uncertainty, Logos Press reported.
The EU’s governing structures have reached a preliminary agreement to phase out Russian gas imports by the end of 2027 in order to reduce Russia’s revenues and thus contribute to an early end to the war in Ukraine, Logos Press reported.
To feed and clothe an expanded human population of 9.7-10 billion by 2050 would require a 50 percent increase in the planet’s agricultural production, which would require 25 percent more fresh water and accelerated restoration of degraded land, Logos Press reported.
About 75% of Europeans have had to cut back on spending to cope with their mortgage payments in 2025, Logos Press reported.
For more than 10 years, the EU structures have been unable to agree on regulations on new measures to protect air passengers, which forced the airlines on November 25 to appeal to the EU transport ministers with an open letter, in which they called for a 6-month suspension of attempts to approve new measures, and during this time once again carefully analyze all possible consequences, – reports Logos Press.
The International Monetary Fund will provide Ukraine with $8.1 billion as part of a new cooperation program for the next four years, Logos Press reported.
The International Monetary Fund and the Ukrainian authorities have reached an agreement on a new 48-month Extended Fund Facility (EFF) program worth about $8.1 billion (SDR 5.94 billion, or 295% of the quota), Logos Press reported.
The European Commission has unveiled a Digital Omnibus plan to simplify the EU’s sweeping IT regulations, Logos Press reports.
