‘EU may cut financial aid to Ukraine’

The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.

‘EU may cut financial aid to Ukraine’

H/T: THE NEW DARK AGE

Related:

EU Stalls on Ukraine Aid as Fears Spike of Gas Crisis at Home

The European Commission also committed in May to finance the bulk of the reconstruction of the country, which could amount to $750 billion, according to Ukrainian government estimates. That could prove an even thornier debate for the EU as there’s no agreement over how to raise the funds. The commission’s offer scared some member states, wary of the massive effort required to rebuild the country and potential corruption issues, people familiar with the discussion said.

EU economy commissioner Paolo Gentiloni told ministers during the closed-door meeting that national governments need to ensure that the economic response to the war’s fallout is strong enough to avoid the risk of fatigue among Europeans, an EU official said. Gentiloni told reporters on Thursday that governments have a “duty” to mitigate the impact of higher prices, in particular of the energy bills, on the poor.

Trying to ward off any more protests, huh?! 🤷🏼‍♀️

The Global NATO Alliance, the European Left, and the Crack in Everything

Disclaimer: The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site.

The Democratic Party is unquestioningly supporting an endless proxy war and has been reluctant to press President Biden to prioritize a negotiated settlement to the war.

The Global NATO Alliance, the European Left, and the Crack in Everything

Spanish lawmaker: NATO subordinates Europe to US, pushes war on China, enriches weapons companies

Spain’s leftist member of parliament Gerardo Pisarello said the NATO summit was organized to “enrichen the weapons trade” and “reinforce the geostrategic priorities of the United States … above all to weaken China.” He condemned US “vassalage,” calling for a new “autonomous” European security model based on respect for the Global South.

Spanish lawmaker: NATO subordinates Europe to US, pushes war on China, enriches weapons companies

Hezbollah: Flying drones to Karish gas field conveyed message to Israel

Lebanese resistance movement Hezbollah says its recent flying of three unarmed drones toward the Karish gas field was aimed to warn Israel not to conduct any extraction operation prior to resolving a long-standing maritime border dispute between Beirut and the regime in Tel Aviv.

Hezbollah: Flying drones to Karish gas field conveyed message to Israel

Related:

Israel’s Karish Offshore Gas Field: Facts and Figures:

Meanwhile, Israel, Egypt, and the European Union are expected to sign a memorandum of understanding on increasing gas exports, though it is difficult to see what immediate practical effect this will have. Israel’s Ministry of Energy will also open another round of bidding for licenses to explore in its EEZ. The degree of interest shown in this round will indicate how international energy companies currently regard the attractiveness of Israeli prospects.