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This paper provides a summary of recent economic, financial and budgetary decisions and developments following President Vladimir Putin’s decision of 24 February to start a military attack against Ukraine. It includes recent information relating to the EU sanctions regime, recent economic estimates, and policies supporting economic and financial resilience, including the coordination of national economic and fiscal measures. It also highlights policy recommendations made in the public domain to mitigate ...

This paper has been produced by the Ex-post Evaluation Unit of the Directorate for Impact Assessment and European Added Value, within the European Parliamentary Research Service (EPRS) of the Secretariat of the European Parliament, as a regional evaluation in parallel to the EPRS 2022 Peace and Security Outlook. It has been drafted as a contribution to the Normandy World Peace Forum taking place in September 2022. The paper provides the background to EU relations with Georgia, Moldova and Ukraine ...

On 28-30 June 2022, NATO leaders met in Madrid and adopted a new strategic concept, rewriting their assessment of the threat environment in the light of Russia's war on Ukraine. NATO also overhauled its defence and deterrence posture, and officially invited Finland and Sweden to join the Alliance.

Ukraine is one of the worlds' largest producers of grains and oilseed, and – for the export of these products to Africa, the Middle East and Europe – heavily dependent on its maritime transport and ports, currently blocked because of the war. Ukraine and Russia together typically export nearly 12 % of food calories globally. Before the war, Ukraine exported more than 90 % of its agricultural products, around 6 million tons per month, via the Black Sea. Alternative routes by road and rail only provide ...

The thirty NATO member states agreed on 29 June to invite Finland and Sweden to join the Western military alliance, accepting the Nordic countries' accession bids, which came after Russia launched its war on Ukraine nearly five months ago. The June NATO Summit in Madrid also endorsed a new Strategic Concept and branded the Russian Federation as 'the most significant and direct threat to Allies' security and to peace and stability in the Euro-Atlantic area'. NATO also agreed to boost significantly ...

Plenary round-up – July 2022

At a Glance 08-07-2022

The war in Ukraine was again an important point on the agenda of the July 2022 plenary session, with Members debating the conclusions of the European Council meeting that took place on 23 24 June 2022, as well as a long list of Council and Commission statements, including on facilitating exports of Ukrainian agricultural products, and on relations of the Russian government and diplomatic network with extremist, populist, anti-European and other European political parties. Parliament also debated ...

The 48th G7 Summit took place at Schloss Elmau, Germany, on 26-28 June 2022. Russia's war on Ukraine has heavily affected the G7's deliberations this year and created pressing new global challenges that were discussed both in the preparatory meetings and at the summit itself. The resulting communiqué focuses on supporting Ukraine, on reducing the impact of the war on the global economy, security of supply and prices of energy and food, climate challenges and the new G7 partnership for infrastructure ...

This paper provides a summary of recent economic, financial and budgetary decisions and developments following President Vladimir Putin’s decision of 24 February to start a military attack against Ukraine. It includes recent information relating to the EU sanctions regime, recent economic estimates, and policies supporting economic and financial resilience, including the coordination of national economic and fiscal measures. It also highlights policy recommendations made in the public domain to mitigate ...

The Russian war against Ukraine has led to high operating costs for the seafood sector. In late March 2022, the EU responded with temporary State aid and exceptional support for the current programming period under the European Maritime, Fisheries and Aquaculture Fund (EMFAF). On 23 April 2022, the Commission adopted a new proposal amending the fund for the 2014-2020 programming period, so that its remaining budget can also be used to support the sector. During the July plenary session, Parliament ...

Czechia is a parliamentary republic with a head of government – the prime minister – and a head of state – the president. The current Prime Minister is Petr Fiala, from the Civic Democratic Party (ODS). He has been in office since November 2021 and was preceded by Andrej Babiš (2017-2021), the founder of the party ANO 2011. Czech President Miloš Zeman was first elected to the post in 2013 and had previously served as prime minister, from 1998 to 2002. The supreme executive body is the government. ...