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The Ukraine Facility supports Ukraine, its recovery and its path to EU accession, allocating up to €50 billion for 2024 to 2027. Regulation (EU) 2024/792 establishing the Ukraine Facility was adopted by the European Parliament and the Council in February 2024. The EU budget is supposed to finance the Facility's €17 billion in grants and guarantee its €33 billion in loans. Additional financing is expected to come from frozen Russian assets. In the negotiations with the Council, the European Parliament ...

Con una dotazione massima pari a 50 miliardi di EUR in sovvenzioni e prestiti per il periodo 2024-2027, lo strumento per l'Ucraina sosterrà il paese, la sua ripresa e il suo percorso verso l'adesione all'UE. Il 6 febbraio 2024 il Parlamento europeo e il Consiglio hanno raggiunto un accordo politico sull'istituzione dello strumento per l'Ucraina, dando seguito all'accordo raggiunto in sede di Consiglio europeo sulla revisione del quadro finanziario pluriennale (QFP) dell'UE. Il QFP dovrebbe finanziare ...

In occasione della seconda tornata di febbraio il Parlamento europeo voterà la sua relazione annuale 2023 sull'attuazione della politica di sicurezza e di difesa comune (PSDC). La relazione di quest'anno riflette gli sviluppi innovativi intervenuti nel settore della difesa dell'UE dal 2022. I suoi principali settori di interesse comprendono la guerra della Russia contro l'Ucraina e la risposta dell'UE, la situazione in Medio Oriente, l'attuazione della bussola strategica e le iniziative dell'UE in ...

Almost two years since Russia began its full-scale invasion of Ukraine, EU military assistance under the European Peace Facility (EPF) is lagging. The special European Council meeting of 1 February 2024 invited the Council to agree by early March 2024 to amend the regulation establishing the EPF, in order to increase its financial ceiling.

The Energy Community is an international organisation facilitating energy cooperation; it brings together the EU and neighbouring countries. Established by the Treaty establishing the Energy Community, signed in 2005 in Athens, Greece, it has been in force since 2006. The treaty's validity has been extended twice, most recently until 2036. The signatories to the treaty are the EU and nine contracting parties: Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Georgia, Moldova, Montenegro, ...

Due to the veto of one Member State, the EU failed to agree on a €50 billion financial support package for Ukraine at the European Council meeting of 14 and 15 December 2023. As the EU's current financial support for Ukraine through the macro-financial assistance package MFA+ ran out at the end of 2023, a new solution is urgently needed to provide the necessary funding to Ukraine. While an agreement among all 27 Member States and within the EU's multiannual financial framework is highly preferable ...

Russia's brutal war of aggression against Ukraine may not be taking place geographically in the Arctic, but it has already had a plethora of impacts on the circumpolar north, the repercussions of which are likely to spread well beyond the region. First, the war has negatively affected cooperation, as activities with Russia in the framework of regional forums such as the Arctic Council (AC), the Barents Euro-Atlantic Council (BEAC), the Council of the Baltic Sea States (CBSS) and the Northern Dimension ...

This paper provides a snapshot of multilateral financial assistance provided to Ukraine since the start of the Russian invasion in February 2022 by the European Union and its bodies (European Investment Bank), international financial institutions (International Monetary Fund, World Bank Group, and European Bank for Reconstruction and Development) and groups of bilateral creditors (“The Group of Creditors of Ukraine”). The paper aims to increase understanding and support scrutiny of international ...

The last regular European Council meeting in 2023, on 14 and 15 December, promises to be a very challenging one. All the salient topics of 2023 – notably the war in Ukraine, enlargement, revision of the EU's multiannual financial framework (MFF) and the conflict in the Middle East – are on the agenda; and on many of these, EU leaders are divided. Whereas the conclusions on the war in Ukraine and the conflict in the Middle East will reiterate previous positions, the European Council will focus on ...

Over 20 months after the start of Russia's war of aggression against Ukraine, the European Union has so far earmarked €12 billion (in current prices) from the European Peace Facility (EPF), itself funded by the Member States, in military aid for Ukraine. Set up before the launch of Russia's war on Ukraine, the EPF was initially intended to finance military assistance worldwide, with a particular focus on Africa. The EU has directed EPF-funded support to partner countries' armies, to military components ...