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Politics Europe

All articles tagged with #politics europe

politics-europe28 days ago•2 min saved

EU Keeps Ukraine Aid Front and Center as Russian Asset Debate Drifts

The European Commission says immobilised Russian Central Bank assets are not the immediate focus, with priority on disbursing €90 billion in Ukraine aid and assessing Kyiv’s budget shortfall with the IMF. While some member states and lawmakers push to tap the €210 billion via a custodian at Euroclear, Belgium remains opposed and Euroclear faces a legal challenge, and no new legal text is on the table yet as officials signal possible re-engagement on the assets.

via Euronews.com|

#belgium-objections #euroclear #european-union

politics-europe3 months ago•8 min saved

EU leaders weigh China threats against a tight, retooled budget

EU leaders meet for a two-track summit focusing on how to counter China’s impact on Europe’s economy and how to resolve a stubborn seven-year budget. Northern/frugal capitals want a smaller, modernized budget with more own resources, while southern/eastern members seek to protect cohesion spending. The debate centers on redirecting funds from traditional areas like agriculture to defense, R&D, and energy resilience, with a year-end goal to reach a 2028 budget deal despite domestic populist pressures.

via politico.eu|

#china #cohesion #competitiveness