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.
Netflix has announced a sequel to the hit animated film K-Pop Demon Hunters, with director Maggie Kang saying she is excited to show audiences what...
The U.S. military confirmed on Friday (13 March) that all six service members aboard a plane that crashed in western Iraq on Thursday had...
Israeli Prime Minister Benjamin Netanyahu issued veiled threats to Iran’s new Supreme Leader, Mojtaba Khamenei,...
Uzbekistan is considering new measures that would make banks and payment organisations legally responsible for financial losses caused by cybercrim...
Iran reacted to the UN Security Council resolution condemning attacks on U.S. bases in regional countries, saying it ...
The European Commission will instruct governments to be flexible in enforcing EU rules on gas imports, diplomats told Reuters on Thursday (12 March), a move likely to benefit imports from Azerbaijan.
The United States has ordered non-emergency government personnel and their families to leave several Middle Eastern nations, including Qatar, Kuwait, Bahrain, Iraq, and Jordan.
European Union stands with its member states in the face of any threat, EU Commission President Ursula von der Leyen said in response to the drone strike that hit Britain's Royal Air Force base of Akrotiri in southern Cyprus overnight.
Georgia faces rising diplomatic pressure as Western partners urge alignment against Russia. Tensions grew after the UK sanctioned TV channels Imedi and POSTV, prompting Georgia to summon the British Ambassador for clarification.
The U.S. military confirmed on Friday (13 March) that all six service members aboard a plane that crashed in western Iraq on Thursday had died, as conflict in the Middle East continues.
The U.S. should shut down its military bases in the Middle East, Iran's new Supreme Leader Mojtaba Khamenei said on Thursday (12 March). His words were read out by a broadcaster on state Iranian television.
“Get ready for oil to be $200 a barrel," a spokesman for the Iranian Army warned the world on Wednesday (11 March), as attacks on ships in the Strait of Hormuz escalated. Meanwhile, 32 countries agreed to the largest ever release of oil reserves in an attempt to reduce prices.
Norwegian police apprehended three brothers suspected of carrying out Sunday's (8 March) bombing at the U.S. embassy in Oslo, in an attack investigators have branded an act of terrorism.
At least 64 people have been killed in southern Ethiopia following recent landslides and floods, the regional government’s communications office said on Thursday (12 March), citing local police
NATO air defence systems intercepted a third Iranian ballistic missile over Türkiye early on Friday morning. The incident occurred at approximately 03:30 local time over the southern province of Adana.
The European Commission will instruct governments to be flexible in enforcing EU rules on gas imports, diplomats told Reuters on Thursday (12 March), a move likely to benefit imports from Azerbaijan.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 13rd of March, covering the latest developments you need to know.
Ayman Ghazali, a 41-year-old U.S. citizen born in Lebanon, crashed his truck into the hallway of a Detroit-area synagogue on Thursday (12 March) while children attended preschool. Security personnel shot him dead during the confrontation, and authorities said no one else was seriously injured.
Balendra Shah is set to become Nepal's prime minister after winning a landslide in the country's 2026 elections. The election comes after a GenZ-led protest in which dozens died in September last year, helped to overthrow the government
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment