The European Commission has disbursed today the first €3 billion tranche of its exceptional Macro-Financial Assistance (MFA) loan for Ukraine, which will be repaid with proceeds from immobilised Russian State assets in the EU. This loan, amounting up to €18.1 billion, represents the EU’s contribution to the G7-led Extraordinary Revenue Acceleration (ERA) loans initiative, which […]
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EU launches Humanitarian Air Bridge operation for Syria
The European Commission is launching a new Humanitarian Air Bridge operation for those most in need in Syria, to deliver emergency healthcare and other essential supplies, as well as increasing its humanitarian funding. President of the European Commission, Ursula von der Leyen, said: “The collapse of the Assad regime offers new hope for the Syrian people. But […]
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EU Global Human Rights Sanctions Regime: listings renewed for an additional year
The Council yesterday decided to prolong and update the list of individuals, entities, and bodies subject to restrictive measures against serious human rights violations and abuses, for a further year until 8 December 2025. With the latest updates, the restrictive measures currently apply to 116 persons and 33 entities. Those designated are subject to an asset freeze and […]
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More military support for Ukraine amid the involvement of China and North Korea
In a resolution adopted on Thursday, Parliament condemned Russia’s use of North Korean troops against the Ukrainian army and its testing of new ballistic missiles in Ukraine. These recent escalatory steps represent a new phase in the war and a new risk for Europe’s security as a whole, MEPs argue, calling on the EU and […]
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EU widens restrictive measures in view of Iran support of the Russian war
The Council yesterday decided to widen the scope of the EU framework for restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the Middle East and the Red Sea region. This additional measure is targeted to the use of vessels and ports for the […]
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EU launches call for EU companies to invest in Ukraine recovery and reconstruction
At the first EU-Ukraine Investment Conference, which started on 13 November, the European Union has launched a call for expressions of interest to mobilise EU private investment in critical areas to support Ukraine’s reconstruction efforts. Proposals will be reviewed and matched with the most suitable investment projects funded under the Ukraine Investment Framework, which is […]
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Parliament calls for an EU crackdown on Russia’s ’shadow fleet’
MEPs demand more targeted EU sanctions against Russia’s so-called ‘shadow fleet’, which provides a key financial lifeline for Moscow’s war in Ukraine. Russia uses old tankers, often uninsured and with unclear ownership, to export its crude oil and petroleum products abroad, despite EU, G7 and international sanctions. These activities have also raised fears over the […]
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Ukraine: Council extends the mandate of the EU Military Assistance Mission for two years
On 8 November, the Council adopted a decision extending the mandate of the European Union Military Assistance Mission in support of Ukraine (EUMAM Ukraine) for a further two years, until 15 November 2026, with a budget allocation of nearly €409 million for the period from 14 November 2024 to 15 November 2026. EUMAM Ukraine remains a […]
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Trade Committee approves financial aid to Ukraine backed by Russian assets
MEPs in the Trade Committee voted on Monday to support a loan of up to €35 billion to Ukraine as the EU’s contribution to the G7’s support initiative. The Trade Committee voted by 31 in favour, 4 against and no abstentions on the Commission proposal to support Ukraine with an exceptional Macro-Financial Assistance (MFA) loan […]
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