Politics
MEPs look ahead to next EU summit
On Wednesday, MEPs outlined their expectations for the 29-30 June EU summit, in light of recent events in Ukraine and progress towards concluding the EU’s Migration Pact.
MEPs denounced the destruction of Ukraine’s Nova Kakhovka dam, the latest war crime committed by Russia and one that must be met with consequences. They called for the EU to continue its strong support for Ukraine, for new sanctions against Russia, and for the billions of frozen assets by Russian oligarchs to be used to reconstruct Ukraine.
On migration and asylum, some MEPs welcomed the agreement reached by member states as a step forward that will help improve the treatment and reception of refugees, better protect the EU’s external borders, and enable the EU to fight human trafficking more effectively. Some speakers also stressed that the EU must do more to fight the causes of migration and that it needs to cooperate more with third countries. Others criticised the debate as toxic and driven by fear, noting that strengthened borders will not lead to fewer refugees and that that the deal in Council de facto abolishes the right to asylum in the EU.
Other topics MEPs raised were the green and digital transition, the nature restoration law, the upcoming revision of the EU’s long-term budget, and the need to reindustrialize Europe.
Ahead of MEPs’ interventions, Commission Vice-President Šefčovič and Swedish Minister for EU Affairs Roswall took the floor for the Commission and the Council respectively.
Watch the full debate here.
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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.
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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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