The European Commission announced €2.3 billion in financial support to help Ukraine rebuild despite ongoing Russian attacks.
This aid includes €1.8 billion in loan guarantees and €580 million in grants provided by international and bilateral public financial institutions, EU Commission President Ursula von der Leyen made the annoucement at a conference in Rome focused on Ukraine’s recovery plans.
Meanwhile, Kyiv faced a heavy barrage of hundreds of Russian drones (400) and more than a dozen missiles (18), resulting in two fatalities during the second major airstrike in two days.
The €2.3 billion forms part of the broader Ukraine Investment Framework, which von der Leyen said could mobilize up to €10 billion in total investments for the country’s rebuilding efforts.
Additionally, the Commission announced the launch of a new equity fund dedicated to Ukraine’s reconstruction, supported by the European Investment Bank alongside France, Germany, Italy, and Poland.
Starting with an initial capital of €220 million, this fund aims to raise €500 million by 2026, providing crucial financial resources to fuel Ukraine’s recovery.
Iran has rejected claims it has been weakened, vowing instead “more crushing” attacks against the United States and ...
The 4-person crew in the Orion capsule on NASA's Artemis II space shuttle carried out a key thruster firing on Thursday, sending the ship ...
Russian Foreign Minister Sergei Lavrov discussed safety of navigation in the Strait of Hormuz by tele...
The United Nations Security Council is to vote on a Bahraini resolution to protect commercial shipping in ...
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile ...
The European Union's top diplomat Kaja Kallas and several EU foreign ministers voiced their support for Ukraine's demand for accountability over Russian atrocities committed in Bucha, as they visited the small town on Tuesday (31 March) on the fourth anniversary of a massacre there.
HHungary’s foreign minister has been drawn into controversy after an audio recording, released by an investigative outlet, appeared to show him discussing EU sanctions with his Russian counterpart days before an election that could shape Budapest’s relationship with Moscow, Reuters reports.
Europe has entered one of the most complex geopolitical moments since the end of the Cold War. The ongoing war in Ukraine continues to reshape security priorities, while tensions in the Middle East have intensified following U.S. and Israeli-coordinated unilateral military actions against Iran.
The European Union has announced €250,000 in humanitarian aid for Afghanistan to support families displaced by conflict and those recovering from last year’s earthquakes, with around 70,000 people expected to benefit.
Fears of wider escalation grow despite President Donald Trump saying U.S. strikes on Iran could end within weeks. Meanwhile missile attacks, tanker incidents and rising casualties across Israel, Lebanon and the Gulf heighten risks to regional stability and energy routes.
There are fears of an oil spill after a drone strike hit a Kuwaiti oil tanker near Dubai on Tuesday, while U.S.-Israeli strikes in Iran reportedly killed at least two people. A loud explosion was heard in Beirut in southern Lebanon early Wednesday, as oil prices climbed above $100 a barrel.
Russian-flagged tanker carrying approximately 700,000 barrels of crude oil docked at Cuba's Matanzas oil terminal on Tuesday, shipping data confirmed, marking a vital and controversial delivery to an island paralysed by severe energy shortages and a suffocating U.S. blockade.
Four astronauts blasted off from Florida on Wednesday on NASA's Artemis II mission, a high-stakes voyage around the moon that marks the United States' boldest step yet toward returning humans to the lunar surface later this decade in a race with China.
Explosions were heard in the Syrian capital Damascus as Israeli air defences intercepted Iranian missiles, Syrian state television reported on Tuesday.
In a dramatic shake-up at the top of the U.S. Justice Department, President Donald Trump has removed Attorney General Pam Bondi from her post, a White House official confirmed on Thursday.
American President Donald Trump threatened on Wednesday to pull the United States out of NATO after European nations refused to join a U.S.-led naval mission to unblock the Strait of Hormuz.
France has unveiled a delayed wave of renewable energy tenders to boost energy independence and strengthen domestic and European industry.
China is emerging as one of the more stable economies amid the latest global oil shock, thanks to years of planning, diversified energy sources and a steady shift towards renewable power.
In a major policy reversal, the U.S. Treasury has removed Venezuela’s acting president, Delcy Rodríguez, from its sanctions list, signalling a sharp shift in Washington’s approach to Caracas.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment