The EU is arguing over the mechanism of using the Russian Federation’s frozen assets for Ukraine’s reconstruction of Ukraine. Differences of opinion arose between the European Commission and the European Central Bank regarding the use of profits from the investment of more than €200B in frozen assets belonging to the Russian... #ECB #EuropeanCommission #RussianAssets #RussianCentralBank #UkraineRecovery
The European Commission will halve the common defense procurement fund for Ukraine. According to Euractiv, in July 2022 the EU executive proposed creating the EDIRPA initiative to stimulate urgent weapons purchases by EU member states to replenish their stocks and provide military su... #EDIRPA #EuropeanCommission #WeaponsforUkraine
A special body will monitor the implementation of EU sanctions against the Russian Federation. The European Commission is preparing to launch a project with nine member states to identify gaps in the sanctions program against Russia and improve coordination between national governments when san... #EuropeanCommission #SanctionsAgainstRussia #SanctionsImplementation
The European Commission will hold a meeting with the Ukrainian government in Kyiv on February 2. According to the official representative of the EC, Eric Mamer, this meeting is a powerful symbol of the solidarity of the European Commission and the EU with Ukraine during these challenging times fo... #EuropeanCommission #UrsulavonderLeyen #ValdisDombrovskis
The European Commission will announce the presentation of a financial assistance plan for Ukraine in the coming weeks, EC Vice President Valdis Dombrovskis said. According to Dombrovskis, Ukraine’s financing needs are growing. Therefore, a more strategic financing plan should be considered to ensure Ukraine’s e... #EUfinancialAid #EuropeanCommission #ValdisDombrovskis
The EU is preparing the eighth package of sanctions against the Russian Federation. In the eighth sanctions package, the European Commission will discuss a plan to limit prices for Russian oil, which the G7 countries are trying to introduce. According to Politico, on September 23, re... #anti_Russiansanctions #EuropeanCommission #EUsanctionsforRussia #RussianOil
The European Commission will punish Hungary. On September 18, the European Commission recommended that the EU suspend about €7.5B in funding for Hungary due to Budapest’s retreat from democracy and the possible misuse of EU money, writes T... #EuropeanCommission #Hungary #VictorOrban
The European Commission proposes to cap the price of Russian gas at €50 per MWh. This is five times less than the current spot price, reported Politico. The publication notes that this step may be risky because the EU must be ready to refuse Russian gas immediately. After all, the... #EuropeanCommission #EuropeGasPrices #RussianGas
The EU prepares a new package of financial assistance for Ukraine. The European Commission intends to propose a new financial aid package to Ukraine on Wednesday, which includes new loans to provide immediate liquidity to Kyiv and commitments to long-term financing ... #EuropeanCommission #financialaidforUkraine #G7 #KristalinaGeorgieva #WarinUkraine
The EU has announced the 5th package of sanctions against Russia. At a briefing on April 5, European Commission President Ursula von der Leyen announced the next package of sanctions. Here are the most critical sanctions that have yet to be approved by the EU Counci... #EuropeanCommission #RUSSIA #Sanctions #UrsulavonderLeyen