1st Jun 2023


Kremlin: Blacklisting Putin 'not painful'

Kremlin spokesman Dmitry Peskov said Wednesday that US or EU blacklisting of president Vladimir Putin if he attacked Ukraine would not hurt him personally, as he has no financial assets abroad. The sanctions would be "not painful [but] politically destructive", Peskov said. Putin, also Wednesday, held a video call with top Italian businessmen from Enel, UniCredit, and Generali, even though the Italian government had earlier urged them to boycott it.

Read and decide

Join EUobserver today

Become an expert on Europe

Get instant access to all articles — and 20 years of archives. 14-day free trial.

... or subscribe as a group

ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

Adapting to Southern Europe's 'new normal' — from droughts to floods

Extreme weather events in recent months have worsened agricultural production in southern Europe, prompting concerns for authorities in Portugal, Spain, France and Italy. As countries will likely face dryer conditions, experts urge adaptation measures for the 'new normal'.

Join EUobserver

Support quality EU news

Join us