TAG: EU Budget/MFF

Ukraine hopes to avoid economic doomsday of not getting Western financial aid

KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders hav...

8 months ago

EU approves €50B Ukraine aid as Viktor Orbán folds

European Union leaders on Thursday reached a deal to provide €50 billion in aid to Ukraine — and the...

8 months ago

EU confident of Orbán U-turn on allowing money to Ukraine

BRUSSELS ― Budapest has signaled to the EU that it is ready to lift its opposition to funding Ukrain...

8 months ago

Orbán’s Ukraine compromise would allow him to hold EU to ransom every year

BRUSSELS ― Hungary has signaled it could end its opposition to using the EU budget to send money to...

8 months ago

Brussels fights Putin with an arsenal of acronyms: The EU’s defense plans, explained

When Russia launched its full-scale invasion of Ukraine, EU politicians lined up to demand an urgent rethink of European security. In order to protect themselves in an uncertain world, EU countries must reinforce their own defenses and work together far m...

6 months ago

EU signals end of free money for poorer countries

BRUSSELS — The European Commission is siding with a German-led group of fiscally conservative governments by resisting demands to finance spending through more borrowing — on top of a push to add conditions to the hundreds of billions of euros it gives th...

6 months ago

Will the EU get a war budget?

BRUSSELS — War is raging on its doorstep, the economy is in the doldrums, a European-wide election looks set to deliver a massive blow to its establishment — and now the EU is gearing up for what will be its bitterest battle yet: over its finances.Few thi...

5 months ago

Has the EU really just found €400B it could spend on defense?

BRUSSELS — The EU's emergency bailout fund — created at the peak of the debt crisis — could be the answer to governments' prayers: a ready-made money pot it could invest in defense. Powerful figures in the bloc are pushing for the European Stability Mecha...

5 months ago

Ukraine wants to use EU money to grow its military-industrial complex

BRUSSELS — EU countries should use funds from the bloc to place arms orders with Ukrainian companies that can then be used to supply Kyiv, Minister for Strategic Industries Oleksandr Kamyshin told POLITICO. Kamishin was speaking during Monday's EU-Ukraine...

5 months ago

Bardella revives market unease with pledge to claw back billions from EU

National Rally leader Jordan Bardella broke the uneasy calm in France's financial markets on Thursday with a vow to claw back billions of euros from the EU if his party forms the next government.In an interview with the Financial Times, the 28-year-old Ba...

2 months ago

The man who could help Meloni build bridges with Europe

BRUSSELS ― If Giorgia Meloni wants to mend fences with the EU (again), she might have found the perfect man for the job.The Italian prime minister, fresh from her latest spat with Brussels, during which she was one of only two national leaders to refuse t...

2 months ago

The European Commission hopefuls with one thing on their mind

BRUSSELS ― It’s as if the European Commission is a trendy nightclub with a long line of eager party animals desperate to be admitted.Only a handful will get the chance to strut their stuff the way they crave. And that means a place in the Commission for t...

1 month ago

Bulgaria calls new election, closes in on EU commissioner pick

After months of political uncertainty, Bulgaria is going back to the polls — and is close to finally proposing a European commissioner.European Commission President Ursula von der Leyen had asked EU countries to put forward a name for commissioner by the...

1 month ago

Bulgaria nominates a man and a woman for EU commissioner post

The Bulgarian government has put forward a woman and a man as candidates to be its European commissioner — the only country to have publicly followed the advice of Ursula von der Leyen.Von der Leyen, the European Commission’s first-ever female president,...

1 month ago