ECB Governing Council member Nagel: The debate over minimum reserves has nothing to do with central bank losses.

Danish Prime Minister Frederiksen arrived in Lviv, Ukraine, to meet with Ukrainian President Zelensky.

Kremlin spokesman Peskov: Armenia has taken no official action after issuing a statement suspending participation in the CSTO. The Kremlin intends to start communication with its Armenian counterparts in order to clarify these statements and understand the details.

Bank of America strategists downgraded European luxury stocks to equal weight.

Bank of America strategists upgraded European mining stocks to overweight.

Reserve Bank of India: Some additional measures are necessary against Paytm.

Reserve Bank of India: Take action against Paytm payments bank under Section 35A.

ECB Executive Member Schnabel: The Transmission Protection Instrument (TPI) is a tool in the ECB’s toolbox that we hope we will never have to use.

According to the Kyiv Independent: The EU passed the 13th round of sanctions against Russia, targeting 106 individuals and 88 legal entities.

Dutch Central Bank: Loss of 3.5 billion euros in 2023, reserves sufficient to absorb future losses.

ECB Governing Council member Nagel: Inflation, including "hard core" data, will be significantly higher than 2% in the coming months.

European Central Bank Governing Council member Nagel: The period of rapid decline in inflation is over and there may be some setbacks in the future.

ECB Governing Council member Nagel: The price outlook is still unclear.

ECB Governing Council member Nagel: Only key price pressure data will be available in the second quarter, and then "we can consider cutting interest rates."

ECB Governing Council member Nagel: Even if some people find it tempting to cut interest rates, it is still too early to do so.

On February 23, local time, the European Council officially adopted the 13th round of sanctions against Russia.

Polish central bank official Wnorowski: Inflation in March may fall from 3.9% in January to 2.4%-2.5%.

Polish central bank official Wnorowski: The wisest approach now is to "wait and see", but does not rule out the possibility of an interest rate cut this year.

ECB Executive Member Schnabel: Italy has some fiscal weaknesses.

ECB Executive Member Schnabel: It is possible to achieve a soft landing and control inflation without triggering an economic recession.