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Vladimir Vladimirovich Putin has been President of the Russian Federation since 31 December 1999, except for a brief four-year interlude from 2008 to 2012 during which he held the office of prime minister but effectively maintained his political authority. During Putin's 26-year rule, Russia has been at war, overtly or covertly, for 21 years. Putin's first term coincided with the launching of the Second Chechen War, intended to be brief but which lasted for 10 violent years. In 2014, during Putin's ...

On 3 December 2025, the European Commission unveiled a package of five legislative proposals underpinning two possible options for funding Ukraine in 2026 and 2027: a reparations loan, borrowing cash balances from banks and other financial companies holding immobilised Russian Central Bank assets; or joint EU borrowing, guaranteed by the 'headroom' in the EU budget. These proposals form the basis for discussions at the 18-19 December European Council meeting. Without new additional financial support ...

Respect for fundamental freedoms and human rights is a core value of the European Union (EU), and one that is promoted through its policies. The European Parliament's Sakharov Prize honours the work of people who stand up for these freedoms and rights. This year's Sakharov Prize is to be awarded to journalists Andrzej Poczobut and Mzia Amaglobeli, both jailed for defending freedom of expression and democracy in their respective countries, Belarus and Georgia. The award ceremony will take place during ...

At no point in more than 30 years have Armenia and Azerbaijan been closer to achieving lasting peace, and yet the so far bumpy road to peace continues to appear vulnerable to domestic and external factors. On 8 August 2025, in Washington DC, the leaders of both countries signed a Joint Declaration committing to achieve peace and initialled a 17-article peace agreement, the product of months of closed-doors and exclusively bilateral negotiations between the two countries. Armenia and Azerbaijan have ...

One of the first, and boldest, measures taken by Western countries as a response to Russia's full-scale invasion of Ukraine in February 2022 was the immobilisation of the Russian central bank assets held under their jurisdictions, the value of which could be around €300 billion worldwide, according to recent estimations. As the war is well into its fourth year, the debate on how to use the immobilised assets to sustain Ukraine's reconstruction efforts – a cost estimated at US$524 billion – has evolved ...

Georgia applied for EU membership in March 2022 and received candidate status on 14 December 2023, under certain conditions. Since then, the severe democratic backsliding brought about by the ruling Georgian Dream party has resulted in the de facto halt of Georgia's EU accession process. Additionally, the country is currently embroiled in a political crisis following the contested October 2024 parliamentary elections. Parliament's Committee on Foreign Affairs (AFET) adopted its report on the 2023 ...

Once seen as a front-runner of the Eastern Partnership, Georgia's EU path has been de facto halted since June 2024. The country is engulfed in a political crisis following the contested October 2024 parliamentary elections.

One of the first, and boldest, measures taken by Western countries as a response to Russia's full-scale invasion of Ukraine in February 2022 was the immobilisation of around €260 billion worth of Russian central bank assets held under their jurisdictions. In October 2024, the G7 reached an agreement on the use of the extraordinary revenues generated, to service and repay a US$50 billion loan to Ukraine from G7 countries, while the complex debate on the legality and related risks on the use of the ...

In response to Russia's illegal and unprovoked full-scale invasion of Ukraine in February 2022, the European Union swiftly adopted unprecedentedly tough sanctions, in close cooperation with partners including the United States, the United Kingdom, Canada, Australia and Japan. The rapid succession of 15 packages of EU sanctions adopted since then have resulted in an unparalleled set of measures targeting Russian political elites and key sectors of the Russian economy. New sanctions have also been ...

Following Russia's unprovoked invasion of Ukraine, the European Union (EU), G7, and allied partners imposed extensive sanctions targeting Russia's economy, in particular the oil sector, in an effort to curb the Kremlin's revenues which finance its war effort. Key measures include an embargo on Russian seaborne oil imports and a price cap on oil and oil products that restricts profits while still allowing sales below a certain price. Enforcement mechanisms prevent Russia from chartering or insuring ...