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In this episode of Real Economy, we focus on EU macro-financial assistance - emergency financial aid given to neighbouring countries in times of crisis to help stabilise their economies.
In this episode of Real Economy, we focus on EU macro-financial assistance - emergency financial aid given to neighbouring countries in times of crisis to help stabilise their economies.
Moldova is in the midst of an urgent humanitarian crisis in the wake of Russia’s invasion of Ukraine. Tens of thousands of refugees from Ukraine continue to flee and cross its border.
The former French Europe minister described the Russian military attack on the Zaporizhzhia nuclear plant as "completely irresponsible".
"Absolutely astonished": that's the reaction of European Commission Vice-President Maros Sefcovic to the Russian military attack on a Ukrainian nuclear power plant. The Zaporizhzhia plant is Europe's largest and the Commissioner told FRANCE 24 that "the whole international community considers this to be absolutely irresponsible" by Vladimir Putin's forces – whom he accuses of engaging in an "absolutely senseless war".
Some Russian banks will be excluded from the international payments system SWIFT as part of increasing sanctions announced by the European Union, US, UK and Canada.
As the European Union meets to decide sanctions against Moscow for its military operation, the bloc has so far failed to ban Russia from SWIFT payment system. But Borrell remains hopeful. “We decide by unanimity. The unanimity was not reached at that moment, it doesn’t mean it cannot be reached in the future. Everything is on the table.”
The European Union has agreed to sanction the 351 members of the State Duma who voted in favour of Russia's recognition of the self-proclaimed people's republics of Donetsk and Luhansk, in eastern Ukraine.