On Wednesday, the EU Commission presented its annual report on the rule of law in Luxembourg for the third time. Against the backdrop of the Russian invasion of Ukraine, this report is of particular importance, according to Commission Vice-President Věra Jourová. While Russian President Vladimir Putin is also campaigning against democracy and human rights in […]
Is the eurozone sliding into recession? This question hung over the Eurogroup meeting in Brussels on Monday like a dark shadow. New warnings from the International Monetary Fund and fresh data from the EU Commission do not bode well.The Brussels authority will present its updated economic forecast on Thursday. It is likely to be even […]
Since the start of the war, the EU has already mobilized €6.2 billion in financial support for Ukraine, Commission President Ursula von der Leyen said in Lugano. “And more will come,” she announced. Economic Affairs Commissioner Valdis Dombrovskis reiterated the commitment to transfer €9 billion in liquidity assistance to Kyiv this year.However, this money is […]
As expected, the European Council has accepted Ukraine into the exclusive circle of accession candidates. Moldova was also unanimously granted candidate status at the EU summit in Brussels on Thursday. Both countries are thus in line with Turkey as well as Albania, Montenegro, North Macedonia, and Serbia.For the time being, Georgia must be content with […]
Amid severe crises, the EU is preparing for a new round of enlargement. At the EU summit today, the membership applications of Ukraine, Moldova, and Georgia are on the agenda. In addition, the Union’s 27 heads of state and government want to discuss the proposal for a new “European political community” made by French President […]
Following the EU Commission’s recommendation to grant Ukraine and Moldova the status of accession candidates, several previously skeptical states have dropped their reservations. This brings approval at the EU summit on June 23 and 24 closer. However, the EU still needs to clarify how it will deal with the Western Balkans. The “political knot” has […]
The EU Commission is taking a new approach to the planned disbursement of financial aid from the COVID-19 reconstruction fund to Poland. In contrast to previous practice, the billions of euros in aid – €23.9 billion in grants and an additional €11.5 billion in loans – will not only be tied to economic policy “milestones. […]
The EU calls for an end to the blockade of Ukrainian grain exports. The Russian war of aggression has a direct impact on global food supply security, according to the conclusions of the EU summit that ended Tuesday in Brussels. Russia must unblock the port of Odesa and end attacks on Ukraine’s transport infrastructure, the […]
Ukrainian President Volodymyr Zelenskiy has called on EU leaders to quickly grant his country candidate status. Without Ukraine, there will never be a “full-fledged European power”, he said in a video address at the EU summit in Brussels. “We have to be like you. We want Ukraine to get candidate status,” Zelenskiy said. By June […]
The EU Commission recommends that the general escape clause of the Stability and Growth Pact be applied in 2023 as well and that the strict debt rules for the eurozone not be returned to until 2024. Because of major uncertainties and downside risks, the rules – new debt below 3 percent of economic output, debt […]