live U.S. pressure on Iran intensifies as sanctions and blockade take hold
U.S. efforts to squeeze Iran’s economy through an oil blockade and sanctions are becoming increasingly difficult for Tehran to withstand, acc...
The European Union has released €2.3 billion in financial aid to Ukraine to support urgent social and civil infrastructure needs. According to political analyst Orkhan Nabiyev, this move reflects the EU’s assessment that a peace deal with Russia is unlikely in the near future.
Speaking to AnewZ from Baku, Nabiyev emphasised the critical timing of the assistance.
“Each aid [package] goes towards keeping Ukraine on their foot, it’s very critical," he stated.
He explained that the €2.3 billion package is intended to cover social needs, including pensions and salaries, as well as repair of civil infrastructure damaged by Russian attacks.
This €2.3 billion tranche was formally released on 22 December as the sixth regular payment under the EU’s Ukraine Facility, a financial instrument launched on 1 March 2024 to provide up to €50 billion in support for Ukraine’s recovery, reforms, reconstruction and modernisation through 2027.
According to Nabiyev the funding also helps stabilise Ukraine’s state functions, enabling pensions, salaries, and essential public services to continue despite the ongoing war.
He also mentioned that the €90 billion to Ukraine will "help Ukraine to stand against the Russian occupation for one or two years."
This comment follows EU leaders' decision, on 18-19 December, to loan €90 billion to Ukraine for the country's financing needs in 2026 and 2027.
Specifically the loan is structured as interest‑free support to help sustain Kyiv’s defence and budgetary needs over the next two years.
Despite initial plans to fund such support directly from frozen Russian assets, EU members opted instead for joint borrowing on financial markets.
Nabiyev stressed that the biggest expectation of Russian President Vladimir Putin is "that Ukraine will not stand and will fall.”
The expert also highlighted the broader implications of EU policy.
“The extension of EU sanctions for six months more, it means that European Union doesn’t believe that a peace deal can be possible with Russia in upcoming month,” he said, underlining Brussels’ continued pressure on Moscow.
The EU Council confirmed on 22 December that economic sanctions against Russia will remain in place at least until 31 July 2026.
Nabiyev said the combined effect of financial support and extended sanctions sends a clear message that Ukraine is expected to withstand Russian pressure in the coming months, while the EU remains committed to long-term support and reconstruction.
Orkhan Nabiyev's commentary follows the latest major EU meeting on Ukraine funding took place on 18-19 December, when European Union leaders met in Brussels at a European Council summit to address Kyiv’s financial and defence needs the near future.
The conclusions from the summit reaffirmed broad political and financial support for Ukraine’s continued resistance and long‑term resilience.
Russian President Vladimir Putin has said that he thinks there is a chance of a peace being reached with Ukraine. He told the Eastern Economic Forum in Vladivostok, Russia that he believed there was "a chance of finding a solution," to the conflict.
The Iranian Health Ministry said at least 18 people were killed and 142 others injured in U.S. airstrikes carried out between 30 August and 2 September.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 3rd of September, covering the latest developments.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
Thousands of residents of Spain’s North African enclave of Ceuta took to the streets on Wednesday to protest the government’s handling of a migration crisis that followed a deadly border surge in July.
U.S. negotiators Steve Witkoff and Jared Kushner will visit Russia then Ukraine over the weekend, Russian state news agency TASS has reported, citing an unnamed source. Ukrainian President Volodymyr Zelenskyy has also said American envoys will visit the capitals of both countries.
Southern Chinese provinces were bracing for more torrential rain on Friday after Typhoon Saudel triggered severe flooding, swamping vehicles, collapsing at least one building and forcing mass evacuations.
President Donald Trump is leaving more than a paper trail from his time in office. The U.S. is now minting commemorative $1 coins for America’s 250th anniversary, featuring a portrait of the sitting president.
Pacific Island leaders expressed concern about China's Pacific missile test at their annual summit, though Nauru formally dissented, in a meeting largely overshadowed by Beijing's objections to Taiwan's presence.
China’s southern coastal provinces of Fujian and Guangdong are bracing for more torrential rain after Typhoon Saudel triggered widespread flooding, swept away vehicles and caused a three-storey building to collapse.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment