The Yermak-McFaul International Sanctions Group has released a new working paper titled “Next Steps on Energy Sanctions: Tools for Increasing Pressure on Russia in 2025.”
EP Committee members underlined the need to remove the current restrictions on the use of all weapons provided to Ukraine, specifically against legitimate military targets inside Russia, in order for Ukraine to exercise its right to self-defence under international law.
The EU Commission welcomes the consensus reached by the EU and G7 partners to collectively provide loans for €45 billion to support Ukraine’s urgent budgetary, military and reconstruction needs (approximately $50 billion USD). This confirms that the EU and G7 partners fulfil the commitment they made in June at the Apulia G7 Leaders’ Summit.
Ukraine’s Zaporizhzhya Nuclear Power Plant (ZNPP) lost the connection to its only remaining 330 kilovolt (kV) back-up power line for a second time this month, once again leaving the facility dependent on one single source of the external electricity it needs for reactor cooling and other key nuclear safety and security functions.
The EU Council today adopted a financial assistance package to Ukraine, including an exceptional macro-financial assistance (MFA) loan of up to €35 billion and a loan cooperation mechanism that will support Ukraine in repaying loans for up to €45 billion provided by the EU and G7 partners.
The centre will organize events to raise legal awareness, encourage youth volunteering, and help veterans and their families reintegrate.
Strasbourg, 22 October 2024 The new loan is the EU’s contribution to the G7 support
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is targeting three entities and one individual for their involvement in the development and production of Russia’s Garpiya series long-range attack unmanned aerial vehicle (UAV).
On 17 October, the European Council adopted conclusions on Ukraine, the Middle East, ensuring a rules-based international order, competitiveness, migration, the Republic of Moldova, Georgia, external relations and other items.
“Ukraine is firmly on the right path with its reforms and close EU engagement […]. Ukraine’s EU accession process will be a priority for the next European Commission. We are already working to integrate Ukraine more into the EU single market with the Priority Action Plan for the Deep and Comprehensive Free Trade Area” – EU Commission EVP Valdis Dombrovskis.
Ukraine’s “Victory Plan” consists of five points – geopolitical, military, economic, and security-related – and three secret annexes. President of Ukraine Volodymyr Zelenskyy presented the content of the Victory Plan during his address to the Verkhovna Rada. He will discuss his plan with the European Council, today.
Executions of Ukrainian prisoners of war by Russia are increasing, with at least 177 prisoners of war having died in Russian captivity since the beginning of Russia’s war of aggression, according to reliable sources.
The EU-funded conference will provide an opportunity to exchange views on how to achieve strong integration of Ukraine and the EU healthcare systems and help foster bilateral cooperation with EU Member States.
As NATO Defence Ministers prepare to meet at NATO Headquarters in Brussels on Thursday and Friday (17-18 October 2024), Secretary General Mark Rutte previewed the expected outcomes of the meeting in a press conference at NATO Headquarters.
This paper, published by the EU Institute for Security Studies (EU-ISS), delivers some background on drones and their role in warfare: “Artillery dominates the war in Ukraine, but is the drone fast replacing it as the ‘King of Battle’?”
The EU Foreign Affairs Council exchanged views on the Russian aggression against Ukraine and the situation in the Middle East. EU ministers touched on the latest developments in Armenia and Azerbaijan, Georgia, Moldova, Horn of Africa and Venezuela. Ministers also had an informal discussion with the UK Secretary of State for Foreign, Commonwealth and Development Affairs.
MEPs in the Trade Committee voted on Monday to support a loan of up to €35 billion to Ukraine as the EU’s contribution to the G7’s support initiative. The Committee voted by 31 in favour, 4 against and no abstentions.
The European Union is appalled by the reports about the death of Ukrainian freelance journalist Victoria Roshchyna while in illegal arbitrary Russian detention.
The European Commission has today raised €11 billion of EU-Bonds in its 9th syndicated transaction for 2024. The dual-tranche transaction concerned a €5 billion tap of the EU-Bond maturing on 6 December 2027, and a €6 billion tap of the EU-Bond maturing on 4 October 2039.
The EU Council today reached an agreement on a financial assistance package to Ukraine, including an exceptional macro-financial assistance (MFA) loan of up to €35 billion and a loan cooperation mechanism that will support Ukraine in repaying loans for up to €45 billion provided by the EU and G7 partners.
The plan foresees up to €600 million in EU-backed financing for critical energy projects in the public and private sectors to meet urgent heating and power needs of wartime Ukraine. The rescue plan will also support new green energy initiatives, including for energy efficiency and renewable energy, to help rebuild Ukraine’s energy infrastructure.
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