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Economic sanctions

EU to lift economic sanctions on Syria

The European Union has decided to lift economic sanctions on Syria, the bloc’s foreign policy chief Kaja Kallas announced Tuesday evening. “We want to help the Syrian people rebuild a new, inclusive and peaceful Syria. The EU has always stood
20/05/2025

Document reveals EU-US pitch for $800B postwar Ukraine ‘prosperity’ plan

BRUSSELS — The U.S. and EU are hoping to attract $800 billion of public and private funds to help rebuild Ukraine once Russia ends its full-scale invasion, according to a document obtained

Brussels unveils plan to fill up Ukraine’s war chest with billions to spend on weapons

BRUSSELS — The European Commission on Wednesday unveiled a €90 billion loan to Ukraine aimed at saving it from financial collapse as it continues to battle Russia while aid from the U.S.

Putin blasts attempted EU ‘robbery’ of Russian assets

BRUSSELS — President Vladimir Putin slammed EU leaders for trying to leverage frozen Russian state assets to fund a €210 billion financing package for Ukraine — despite the plan ultimately falling through.

Belgium says Russian assets plan ‘going backward’ ahead of EU summit

Less than 24 hours before EU leaders descend on Brussels for vital talks on financing Ukraine’s war effort, Belgium believes negotiations are going in reverse. “We are going backward,” Belgium’s EU ambassador,

Greece’s Pierrakakis wins Eurogroup race

ATHENS — The country that almost got kicked out of the eurozone is now running the powerful EU body that rescued it from bankruptcy. Greece’s finance minister, Kyriakos Pierrakakis, on Thursday beat

France, Italy told they won’t be hurt by EU’s €210B megaloan to Ukraine

BRUSSELS — France and Italy can breathe a sigh of relief after the EU’s statistics office signaled that the financial guarantees needed to back a €210 billion financing package to Ukraine won’t increase
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