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The US government wants to seize Russian sovereign assets to help Ukraine fight and support its shattered economy. Some allies are wary of such a move and the precedent it might set bloomberg.com/news/articles/… via Bloomberg Politics

Giorgia Meloni’s government is demanding that a bigger share of investments made by chipmaker STMicroelectronics go to Italy, the latest sign of tension over business ties with France bloomberg.com/news/articles/… via Bloomberg Technology

The EU gives initial backing to provide €5 billion in military support for Ukraine, after member states reached a compromise to allow purchases from outside the bloc bloomberg.com/news/articles/… via Bloomberg Politics

NATO countries must boost their military aid to Ukraine, the head of the alliance urged, as Kyiv’s forces struggle to hold the line against a fresh Russian advance bloomberg.com/news/articles/… via Bloomberg Politics

Opening its first Arctic office in Greenland, the EU is seeking to secure access to critical raw materials. Read the Brussels Edition bloomberg.com/news/newslette… via Bloomberg

The European Union agreed on new sanctions related to the death of the Russian opposition leader Alexey Navalny in an Arctic prison last month bloomberg.com/news/articles/… via Bloomberg Politics

The EU has prepared legislation that would see Ukraine start to receive profits generated by frozen Russian sovereign assets as early as July bloomberg.com/news/articles/… via Bloomberg Politics

The EU will unveil proposals to use profits from frozen Russian assets to help Ukraine, as a much-needed US aid package remains stuck in Congress. Read the Brussels Edition bloomberg.com/news/newslette… via Bloomberg

Eight people were injured in the first large-scale Russian missile attack on Kyiv since February, Vitali Klitschko, mayor of the Ukrainian capital, says bloomberg.com/news/articles/… via Bloomberg Politics

French President Emmanuel Macron is ramping up pressure on his government to find budget savings at the same time as funding aid to Ukraine, building new nuclear reactors and seeking to make his country friendlier for business bloomberg.com/news/articles/… via Bloomberg Politics

France and Germany agree to join forces to produce ammunition in Ukraine through a new subsidiary of manufacturer KNDS bloomberg.com/news/articles/… via Bloomberg Markets

Ukraine says it hit an amphibious assault ship which was docked in Crimea bloomberg.com/news/articles/… via Bloomberg Politics

Ukrainian forces are benefiting from a plan to deliver hundreds of thousands of ammunition rounds to the front line as they use up stocks in anticipation that more is on the way, the Czech Republic’s top diplomat says bloomberg.com/news/articles/… via Bloomberg Politics

France is putting pressure on its defense industry to accelerate production of equipment for Ukraine bloomberg.com/news/articles/… via Bloomberg Politics

The government of Prime Minister Kyriakos Mitsotakis has come under attack from opposition parties following a report that his administration manipulated information about the deadliest train crash in Greece’s history. bloomberg.com/news/articles/… via Bloomberg Politics

Chinese President Xi Jinping criticizes “technological barriers” during Dutch Prime Minister Mark Rutte’s visit to Beijing bloomberg.com/news/articles/… via Bloomberg Politics

Italy will take until at least 2026 to get its budget deficit below the EU’s 3% limit, sources say, potentially earning extended scrutiny from the bloc’s fiscal watchdogs bloomberg.com/news/articles/… via Bloomberg Economics

NATO proposes a $100 billion, five year fund to support Ukraine bloomberg.com/news/articles/… via Bloomberg Politics

Secretary of State Antony Blinken’s latest European tour hit a speed bump in Paris on Wednesday when his official plane broke down, necessitating an hours-long drive to Brussels. bloomberg.com/news/articles/… via Bloomberg Politics

NATO allies are reining in expectations about the viability of a proposed $100 billion fund to support Ukraine bloomberg.com/news/articles/… via Bloomberg Politics