@henryjfoy.ft.com
Brussels Bureau Chief, Financial Times.
Past lives in Moscow, Warsaw, London, Delhi and Mumbai.
Get in touch henry.fo[email protected]
https://www.ft.com/henry-foy
@henryjfoy.ft.comđ„ The Trump administration has threatened European capitals that it could stop paid-for weapons shipments to Ukraine if Kyiv does not halt its deep strikes on Russian energy infrastructure, officials told @christopherjm.ft.com and me
@henryjfoy.ft.comDonald Trump and US Big Tech CEOs like to dismiss Brussels as a useless, irrelevant & incompetent regulator
But, as @lauramdubois.ft.com reveals in this brilliant investigation, Americans are spending far more time & money lobbying EU institutions than European rivals...
@henryjfoy.ft.comMoscow reminding Paris, Luxembourg and the EUâs 25 other capitals of the reason for Brussels to sanction the billionaires whose businesses generate the economic output to fund the warâŠ
@henryjfoy.ft.comThe whole sordid story was revealed by the FT nine days ago.
top work @maxseddon.bsky.social @christopherjm.ft.com & @paolatamma.bsky.social)
(at the time denied by Paris, Baku and Tashkent, of course)
@henryjfoy.ft.comSo it's official. EU sanctions on Russia are no longer only for the benefit of Ukraine's existential fight against Moscow's invasion - they are now currency for EU capitals to trade for prisoners. Welcome to the Brussels bazaar.
@henryjfoy.ft.comFrance got its deal, convincing Latvia to drop its veto in exchange for a promise of closer co-operation on air defence and access to Parisâ nuclear deterrence umbrella
Two of Russiaâs richest and most prominent oligarchs freed from EU sanctions
w @paolatamma.bsky.social
@henryjfoy.ft.comThe most important story you will read today:
Why the unwinding of the world's most important carry trade could spark the next financial crisis - and why Trump cares so much about the yen right now...
by the brilliant @urbandirt.bsky.social & @davidkeo.bsky.social
@henryjfoy.ft.comWhatever the outcome of France & Luxembourgâs campaign to blackmail their EU allies into removing sanctions on Alisher Usmanov and Mikhail Fridman, one thing is clear: the blocâs Russia sanctions regime is now fatally undermined
âItâs utterly disgraceful⊠This is the endâ
@padamson.bsky.socialReposted by @henryjfoy.ft.comyoutu.be/glOPV-g0j9I?... with guest @henryjfoy.ft.com, Brussels bureau chief of @financialtimes.com
@henryjfoy.ft.com"Some may conclude the multilateral system has failed... But the need for it is very much alive. The postwar world is long gone but the underlying logic that justified multilateral co-operation is more evident than ever"
Lula, Costa, Carney & Ruto in @financialtimes.com
@henryjfoy.ft.comâWeâre trying to actually play down the name issue. Weâd rather people focus on the substance,â said Jonathan Wilkinson, Canadaâs ambassador-designate to the EU, of the âassociate memberâ label.
âWe havenât landed on what the name of it should be.â
@spignal.bsky.socialReposted by @henryjfoy.ft.comGood FT take on Canada-EU by @henryjfoy.ft.com and @andybounds.bsky.social. Announcing "associate membership" has a lovely feel, but the reality is likely to be a slog.
Germans *on the record* already saying they don't like the term "associate" anything.
@henryjfoy.ft.comWhy von der Leyenâs audacious âassociate memberâ gambit for Canada will struggle to go from rhetoric to reality
âWe cannot decide on something that does not exist,â quipped one EU diplomat. âItâs classic VDL,â noted a second. âPromise first, get approval later.â
@henryjfoy.ft.comThe Commission president is not the EU's 27 member states ;)
@henryjfoy.ft.comUrsula von der Leyen has endorsed Mark Carneyâs pitch for Canada to become an âassociate memberâ of the EU, in a bold proposal to deepen ties under pressure from the US and China.
Bold because 1) that status doesn't exist and 2) EU capitals don't support such a move
@henryjfoy.ft.comThe EPC is dead, long live the ESC!
@henryjfoy.ft.comđšđŠ-đȘđș At last weekâs meeting of EU ambassadors to prepare for Carneyâs visit, one acerbically remarked that the bloc was ânot a âmiddle powerââ and the much smaller Canada should not expect any special treatment, said people briefed on the exchange
w @andybounds.bsky.social
@christopherjm.ft.comReposted by @henryjfoy.ft.comScoop: France is lobbying EU countries to lift sanctions on Uzbek-Russian oligarch Alisher Usmanov as part of a prisoner release with Azerbaijan, according to people familiar with the matter.
w/ FT's @maxseddon.bsky.social @henryjfoy.ft.com @paolatamma.bsky.social
www.ft.com/content/b016...
@henryjfoy.ft.comđ„ Eurozone capitals are negotiating one of the biggest leadership reshuffles in the ECBâs 28-year history, with a âgrand packageâ over its three top roles expected to be agreed by the end of December.
"There are a lot of big economic jobs we need to make a decision on.â
@erep.csis.orgReposted by @henryjfoy.ft.comBrussels is back! @maxbergmann.bsky.social + @ottosvendsen.bsky.social discuss Iceland's EU accession vote, Elbridge Colby's visit to NATO, and Ratcliffe's surprise Moscow trip. Plus, @henryjfoy.ft.com maps out the EU's packed fall agenda.
Listen to The #Eurofile:
www.csis.org/podcasts/eur...
