Ukraine asks for flexibility in spending €140bn Russian asset loan
Also in this newsletter: Honda calls out ‘made in Europe’ requirement for subsidised electric cars
Also in this newsletter: Honda calls out ‘made in Europe’ requirement for subsidised electric cars

Also in this newsletter: Why Brussels’ U-turn on combustion engines won’t halt EVs

Also in this newsletter: the EU’s drone lab, and Italian premier Giorgia Meloni heads to the Gulf

When it came to using frozen Russian assets as leverage, the EU blinked

Europe is finding ways to step up to finance Kyiv’s and its own defence

Money to be borrowed against bloc’s budget after leaders fail to agree on proposal using Moscow’s funds

Comments on earnings calls indicate that dozens of companies already have an eye on opportunities