Can frozen Russian assets really be used to rebuild Ukraine — or is this more leverage than solution? In this episode of Ten Minutes On…, Guy Burton unpacks the European Union’s decision to indefinitely freeze around €210 billion in Russian central bank reserves held in Europe, and why this move matters far beyond the Ukraine war. We explain what these assets actually are, how they ended up in European financial institutions like Euroclear, and why the EU has shifted from temporary renewals t...
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Can frozen Russian assets really be used to rebuild Ukraine — or is this more leverage than solution? In this episode of Ten Minutes On…, Guy Burton unpacks the European Union’s decision to indefinitely freeze around €210 billion in Russian central bank reserves held in Europe, and why this move matters far beyond the Ukraine war. We explain what these assets actually are, how they ended up in European financial institutions like Euroclear, and why the EU has shifted from temporary renewals t...
Ten Minutes On... Why Public Debt is Becoming Unmanageable
Ten Minutes On...
11 minutes
3 months ago
Ten Minutes On... Why Public Debt is Becoming Unmanageable
Government debt is back in the headlines. From Britain’s stretched finances to France’s budget battles and America’s ballooning deficits, the numbers look grim. In this episode, we dig into why debt has piled up in advanced economies, how today’s challenges differ from those in emerging markets, and why the old post-war model of borrowing has broken down. We’ll look at the limited — and often unpalatable — policy options left on the table, and what it means when markets, not governments, incr...
Ten Minutes On...
Can frozen Russian assets really be used to rebuild Ukraine — or is this more leverage than solution? In this episode of Ten Minutes On…, Guy Burton unpacks the European Union’s decision to indefinitely freeze around €210 billion in Russian central bank reserves held in Europe, and why this move matters far beyond the Ukraine war. We explain what these assets actually are, how they ended up in European financial institutions like Euroclear, and why the EU has shifted from temporary renewals t...
