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EU MILITARY LOANS
Ukraine aims to align banks, insurers with EU rules by 2028, central banker saysUkraine is fast-tracking financial reforms to align its banking and insurance sectors with EU standards by 2028, despite ongoing war. Gover...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
Russian drone attack wounds 14 while Ukrainian drones kill 2 in Russia-held areaIn Odesa, drones hit residential neighborhoods and civilian infrastructure, said Serhii Lysak, the head of the city’s administration. Russi...
EU approves a $106 billion loan package to help Ukraine after Hungary lifts its vetoThe European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...
EU's Ukraine funding deal keeps Kyiv in fight, Russian assets in deep freezeEuropean Union leaders have secured a 90 billion euro loan for Ukraine. This financial package will support Kyiv for the next two years. Th...
Canada joins EU defense fund as the country pivots away from the USCanada has joined a major European Union defense fund. This move allows Canadian defense companies access to a significant EU loan program....
How Europe is trying to turn frozen Russian assets into cash for UkraineEuropean Union leaders are exploring a bold plan to fund Ukraine. They may use frozen Russian assets to secure a massive loan for Kyiv. Thi...
Belgium warns EU partners to share its risk if they want to use frozen Russian assets to aid UkraineBelgium's Prime Minister Bart De Wever is urging European Union partners to share the risk of using billions in frozen Russian assets. Thes...
Ukraine resists EU conditions on loan backed by frozen Russian assetsUkraine aims to regain comprehensive oversight of a suggested $163 billion loan sourced from frozen Russian assets. The nation intends to p...
EU mulls using frozen Russian assets for loan to Ukraine, wary of legal issuesEuropean leaders generally support using €140 billion of frozen Russian assets to provide a loan to Ukraine, repayable only after Russia pa...
EU floats plan to use frozen Russian assets for Ukraine loan, bypassing a Hungary vetoThe European Union is exploring a "reparation loan" for Ukraine, backed by frozen Russian assets, to circumvent potential Hungarian vetoes ...
Poland, 17 others apply for EU defence fund aimed at reducing US relianceEuropean Union nations are seeking funds to strengthen their defence capabilities. Eighteen countries have applied for the Security Action ...
What is NATO's new 5% defence spending target?NATO leaders are poised to approve a significant increase in defense spending, aiming for 5% of GDP by 2035, driven by concerns over Russia...
‘We can’t rely on America forever’: EU unveils €800 billion defence plan to deter Russian threat, strengthen military preparedness by 2030The European Union has unveiled plans for a €150bn defence fund, aiming to strengthen its military capabilities and reduce reliance on exte...
EU chief calls for defence 'surge', says 'time of illusions' overEU Commission President Ursula von der Leyen has called for a significant increase in European defence spending amid concerns over Russia a...
EU pledges up to $39 billion loan to UkraineG7 leaders agreed in June to engineer a $50 billion loan to help Ukraine in its fight for survival. Interest earned on profits from Russia'...
EU signs off on using Russian asset profits for UkraineThe European Union on Tuesday formally approved using the profits from frozen Russian central bank assets to arm Ukraine, as the United Sta...
BRI in Central and Eastern Europe: China’s gateway to EUIn his visit to Greece, Serbia, Albania and Italy in November 2021, Chinese Foreign Ministry Spokesperson Wang Wenbin highlighted that thes...
EU not naive about China but aware of need to work with it: Josep Borrell, Vice-President, European CommissionThe 15th edition of the India-EU Summit, scheduled in Brussels on March 13, was postponed due to the Covid-19 outbreak. The two sides are h...
- WTO rejects 70 per cent of US subsidy claims: Airbus
The WTO has rejected 70 percent of US claims that the European Union is illegally subsidising Airbus, the European aircraft manufacturer sa...