Politics
MEPs debate results of March EU council with Presidents Michel and von der Leyen
Reviewing the latest EU Council, MEPs called for EU action to enhance the industrial sector, support households and businesses and continue backing Ukraine.
“The world is more dangerous today”, acknowledged European Council President Charles Michel, stressing the EU’s support for multilateralism and a rules-based order and highlighting the need to “deal with China and not decouple” from it. He welcomed the leaders’ endorsement to send additional weapons and ammunitions to Ukraine, a major step towards a European defence system. Regarding long-term competitiveness, Mr Michel said that Europe must become “a powerhouse of innovation”, particularly on renewable energy and clean technologies.
European Commission President Ursula von der Leyen said that the EU, given its ambitious targets for the deployment of renewables, needs to create a better regulatory environment for European manufacturers of clean technologies, while highlighting the importance of critical raw materials to ensure the green and digital transitions.
Moving on to the war in Ukraine, she reiterated that the EU will keep supporting Kyiv whatever the cost and described the decision by the International Criminal Court to issue a warrant for the arrest of Russian President Vladimir Putin, as a “step forward”. Von der Leyen also stressed that the international community needs to do everything possible to bring home all the Ukrainian children illegally deported to Russia since the outbreak of the war.
Many MEPs focused on international industrial competitiveness and strategy, with some highlighting the need to stop the loss of industrial strength and jobs in Europe. Others called on the EU to speak with a single voice for example with regards to China, and to reduce dependence on third countries.
On migration, most speakers insisted that ambition and courage are needed to succeed in the negotiations on the migration and asylum pact, referencing key topics like the fair distribution of migrants and asylum-seekers among member states and tackling the root causes of migration.
Several MEPs argued that more international trade agreements are needed (with existing ones requiring updates), while others focused on security and foreign policy concerns, calling for transatlantic relations to be protected and strengthened. Many also highlighted the need to continue supporting Ukraine and make sure that Russia will be held accountable for its war of aggression.
Some speakers criticised the EU’s approach to handling recent crises and common policies like the European Green Deal, and called for more decisions to be taken at member state level. In contrast, many others demanded enhanced cooperation, an end to vetoes and no more time-wasting in the Council to support households and businesses from threats like surging inflation and energy bills.
You can watch the full debate here.
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Politics
Ecumenical Patriarch Bartholomew congratulated Donald Trump
On November 7, Ecumenical Patriarch Bartholomew sent a congratulatory letter to the newly elected US President Donald Trump, wishing him health, strength and success in his upcoming second presidential term.
“Recognizing the enormous responsibilities of such a leadership position, we pray that your decisions will be guided by wisdom and compassion, as well as by the strength necessary to maintain harmony and security in your great and God-protected nation,” noted Patr. Bartholomew:
“The Ecumenical Patriarchate, with its ancient history and its fundamental commitment to dialogue and reconciliation, remains a constant supporter of all efforts to promote peace and understanding between people of different cultures and beliefs. We hope that under your leadership the United States will continue to support the cause of religious freedom and human dignity – values that resonate deeply in the Orthodox Christian tradition and all faith communities,” the congratulatory letter said.
Politics
The US excludes the last major Russian state bank from SWIFT
The last of Russia’s major state-owned banks, which retains access to the SWIFT system for international payments in the world’s major currencies, will become subject to new US sanctions.
The White House is considering blacklisting Gazprombank, the Russian Federation’s third-largest bank by assets, which is a “hub” for gas payments with Europe. As the Nikkei reported, citing officials familiar with the matter, GPB could be subject to blocking sanctions: it would be barred from any transactions with US banks. A decision on sanctions will be made by the end of November – the United States has notified its G7 partners about this, sources told the publication, including high-ranking European officials.
Directly owned by Gazprom with a third and another 40% by its pension fund, Gazprombank is not yet subject to strict Western restrictions: in the United States it is only prohibited from raising capital on the debt market, although its top managers and a subsidiary are subject to blocking sanctions IT company. In the European Union, GPB also avoids blacklists, and only Britain has introduced blockers against the bank.
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