Europe already ‘at war’ with Russia, says central banker

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The governor of Latvijas Banka, a central banker and ECB policymaker, has warned that Europe is already 'at war' with Russia, prompting calls for policymakers to prepare the financial system for a potential direct military attack.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Latvijas Banka governor and ECB policymaker urges policymakers to prepare financial system for direct military attack

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Full article on Financial Times
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Original article published by Financial Times on January 18, 2026.
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