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Poland’s Morawiecki to replace Meloni as ECR head

Euractiv.com - Fri, 12/13/2024 - 07:24

“It has been no secret that Giorgia Meloni intended to step down," Italian media reported.

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Categories: European Union

Portuguese defence minister says 2% defence target enough for now

Euractiv.com - Fri, 12/13/2024 - 07:13

"Our endeavour at the moment is to say that this 2% investment by 2029 will happen."

The post Portuguese defence minister says 2% defence target enough for now appeared first on Euractiv.

Categories: European Union

Sánchez’s PSOE tries to ‘seduce’ Puigdemont, again

Euractiv.com - Fri, 12/13/2024 - 07:12

Some say that Puigdemont's stance is all part of a power strategy.

The post Sánchez’s PSOE tries to ‘seduce’ Puigdemont, again appeared first on Euractiv.

Categories: European Union

Italian court ok’s referendum on controversial autonomy law

Euractiv.com - Fri, 12/13/2024 - 07:09

The European Commission had also previously rejected the law.

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Categories: European Union

Syrian refugees won’t be forced to return, for now

Euractiv.com - Fri, 12/13/2024 - 07:09

“The situation is volatile,” Brunner said.

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Categories: European Union

ACCA at United Nations COPs 2024: Representing accounting bodies on climate and nature [Promoted content]

Euractiv.com - Fri, 12/13/2024 - 07:00

2024 has been a year of COPs and calls to action on sustainability. The Association of Chartered Certified Accountants (ACCA) has played a pivotal role in engaging business and policy makers on the importance of accountants in a just transition to a sustainable future.

The post ACCA at United Nations COPs 2024: Representing accounting bodies on climate and nature appeared first on Euractiv.

Categories: European Union

Moldova declares state of emergency as risk of Russian gas cutoff looms

Euractiv.com - Fri, 12/13/2024 - 06:53

Prime Minister Dorin Recean said Russian President Vladimir Putin "wants to leave the population of Transnistria without gas" in order to destabilise the situation in Moldova."

The post Moldova declares state of emergency as risk of Russian gas cutoff looms appeared first on Euractiv.

Categories: European Union

Escalation feared as Georgia pro-EU protests enter third week

Euractiv.com - Fri, 12/13/2024 - 06:39

More unrest is expected on Saturday, when Georgian Dream is scheduled to strengthen its grip on power by appointing far-right former footballer Mikheil Kavelashvili as a successor to pro-Western President Salome Zurabishvili.

The post Escalation feared as Georgia pro-EU protests enter third week appeared first on Euractiv.

Categories: European Union

Russia in contact with Syrian rebels, hopes to keep military bases

Euractiv.com - Fri, 12/13/2024 - 06:19

Russia hopes to maintain its two bases in Syria - a naval base in Tartous and the Khmeimim Air Base near the port city of Latakia.

The post Russia in contact with Syrian rebels, hopes to keep military bases appeared first on Euractiv.

Categories: European Union

Why Georgia’s pivot toward Russia may backfire

Euractiv.com - Fri, 12/13/2024 - 06:00

In this episode, host Giada Santana speaks with Carnegie's Thomas De Waal about Georgia's apparent shift towards Russia and what the EU can do to respond. 

The post Why Georgia’s pivot toward Russia may backfire appeared first on Euractiv.

Categories: European Union

Russia backs Orbán’s efforts for Christmas ceasefire in Ukraine

Euractiv.com - Fri, 12/13/2024 - 05:40

Viktor Orbán made the proposals in a call to Putin on Wednesday, the Kremlin and Hungary said, without giving more details.

The post Russia backs Orbán’s efforts for Christmas ceasefire in Ukraine appeared first on Euractiv.

Categories: European Union

Europe’s defence sector needs deeper private equity pockets for frontline capability [Advocacy Lab Content]

Euractiv.com - Thu, 12/12/2024 - 20:45

Europe’s 2500 SMEs specialising in niche military technologies are collectively struggling with an equity and debt financing gap of up to €4 billion.

The post Europe’s defence sector needs deeper private equity pockets for frontline capability appeared first on Euractiv.

Categories: European Union

NATO’s Rutte says alliance should double spending target to 4% GDP

Euractiv.com - Thu, 12/12/2024 - 19:28

Rutte said that Russian defence spending for 2025 will be at "the highest level since the Cold War".

The post NATO’s Rutte says alliance should double spending target to 4% GDP appeared first on Euractiv.

Categories: European Union

Slovak health system on life support after parliament threatens doctors with prison

Euractiv.com - Thu, 12/12/2024 - 19:27

The Slovak health ministry and health trade unions have three weeks to reach a consensus, with serious healthcare disruption looming, and the risk of imprisonment.

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Categories: European Union

Ukraine admitted to Creative Europe programme but media concerns remain

Euractiv.com - Thu, 12/12/2024 - 18:38

Ukrainian media organisations may now apply for EU funding under the programme.

The post Ukraine admitted to Creative Europe programme but media concerns remain appeared first on Euractiv.

Categories: European Union

The EU should act now to sanction the violent regime in Georgia

Euractiv.com - Thu, 12/12/2024 - 18:24

Where is the geopolitical EU that understands the importance of its neighbours? ask a group of European foreign policy experts.

The post The EU should act now to sanction the violent regime in Georgia appeared first on Euractiv.

Categories: European Union

EU states to vote on smuggling rules amid fears of harming migrants and aid efforts

Euractiv.com - Thu, 12/12/2024 - 18:15

The proposal introduces an offence targeting "public instigation," addressing those who deliberately encourage migrants to violate EU migration laws.

The post EU states to vote on smuggling rules amid fears of harming migrants and aid efforts appeared first on Euractiv.

Categories: European Union

War tax: How Europe can make Russia pay for its aggression

Euractiv.com - Thu, 12/12/2024 - 18:08

Can anyone be sure that by paying Moscow today, they are not investing in the missiles raining at their cities tomorrow? ask Victoria Voytsitska and Olena Halushka.

The post War tax: How Europe can make Russia pay for its aggression appeared first on Euractiv.

Categories: European Union

The Ukraine Loan Cooperation Mechanism and exceptional macro-financial assistance

Written by Alina Dobreva with Anastasiia Vozovych.

Since the start of the Russia’s war of aggression against Ukraine, the EU has provided Ukraine with financial, military and humanitarian support on an unprecedented level, including macro-financial assistance, financial support via the Ukraine Facility, humanitarian aid and military assistance from its Member States and through the European Peace Facility.

Regulation (EU) 2024/2773 provides for a new macro-financial assistance loan for Ukraine and establishes a Ukraine Loan Cooperation Mechanism (ULCM). That loan and the ULCM are part of a G7 initiative adopted at the G7 summit in Apulia in June 2024 to support Ukraine with loans of up to US$50 billion (€45 billion).

The purpose of the G7 initiative is to provide Ukraine with sufficient and continuous financial support to address the immediate needs inflicted on the country by Russia’s ongoing aggression. The ULCM will provide Ukraine with non-repayable financial support to assist it in repaying loans provided by G7 partners. Given the urgent nature of Ukraine’s financing needs, the MFA will be available in 2024.

According to the annex to the final agreement between G7 finance ministers of 25 October 2024, the EU’s share of the G7 loan will be €18.115 billion. Extraordinary revenues originating from Russian sovereign assets immobilised in the G7 member states will be used to repay those loans and the associated interest costs. The ULCM will collect the extraordinary revenues and use them to repay the loans.

The European Parliament adopted the proposal on 22 October 2024 and Regulation (EU) 2024/2773 entered into force on 29 October 2024.

Read the complete briefing on ‘The Ukraine Loan Cooperation Mechanism and exceptional macro-financial assistance‘ in the Think Tank pages of the European Parliament.

Categories: European Union

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