EU leaders agree €90bn joint borrowing plan to fund Ukraine, drop use of frozen Russian assets
European Union leaders have agreed to raise up to €90 billion through joint borrowing to support Ukraine’s defence in 2026 and 2027, opting not to...
The text of the Agreement on the Establishment of Peace and Interstate Relations between Azerbaijan and Armenia has been made public.
On 8 August 2025, with the participation of the President of the Republic of Azerbaijan, the President of the United States of America, and the Prime Minister of the Republic of Armenia, the foreign ministers of Azerbaijan and Armenia initialled the text of the “Agreement on the Establishment of Peace and Interstate Relations between the Republic of Azerbaijan and the Republic of Armenia.”
In addition, following the joint appeal of the foreign ministers of the Republic of Azerbaijan and the Republic of Armenia to the OSCE Chairperson-in-Office regarding the closure of the OSCE Minsk Process and related structures (the Personal Representative of the OSCE Chairperson-in-Office on the conflict under discussion at the Minsk Conference and the High-Level Planning Group), today a draft decision on the closure was circulated among the OSCE participating States at the OSCE Ministerial Council. They were called upon to support the necessary procedures for the adoption of the decision.
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European Union leaders have agreed to raise up to €90 billion through joint borrowing to support Ukraine’s defence in 2026 and 2027, opting not to use frozen Russian state assets amid legal and political concerns.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
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European Union leaders have agreed to raise up to €90 billion through joint borrowing to support Ukraine’s defence in 2026 and 2027, opting not to use frozen Russian state assets amid legal and political concerns.
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