Good morning. Allied foreign ministers are meeting both at the Nato headquarters and at the European Council today to assess the sanctions imposed against Russia and to discuss their implementation and potential further measures down the line. The gatherings come after another brutal day of attacks on Ukrainian cities and Vladimir Putin vowing to continue the assault until he wins the war.
With the number of Ukrainian refugees abroad now having passed the 1mn mark, we’ll also explore a request from several EU lawmakers for the European Central Bank to open a swap line for the Ukrainian currency, to help people fleeing to EU countries convert their savings into euros.
Digesting sanctions
The EU’s sanctions conveyor belt has slowed in the past 24 hours as member states begin to take stock of what they have implemented, writes Sam Fleming in Brussels.