Politics
Support to Ukraine, response to farmer’s concerns: MEPs review latest EU summits | News
“Determination, unity and leadership” is the message, European Council President Charles Michel said, sent by the EU with its latest decisions on Ukraine to open accession talks and endorse a new financial aid package for the country. The EU will “not be intimidated by Russia”, and will support Ukraine for “as long as necessary”, he added. Michel repeated the EU’s promise to provide the country with more ammunition and said “each euro mobilised for Ukraine is an investment in our own security, prosperity and stability”.
On the Middle East, President Michel said the EU must do its utmost to prevent a regional escalation of the conflict, address the humanitarian emergency and continue advocating for the two-state solution. Restating that respect for international law is in the EU’s DNA, he strongly rejected applying “double standards” when assessing this conflict. Michel expressed understanding about the discontent and complaints of Europe’s farmers and urged dialogue to be able to offer them a convincing response.
Commission President Ursula von der Leyen said the agreement on a €50 billion aid package for Ukraine provides strong predictability for the country over the coming four years. “This is what it means to stand by Ukraine for as long as it takes.” On the first ever revision of the EU’s long-term budget, she stressed the EU now has the financial resources to tackle some of the challenges it faces in this decade.
Referring to the farmers’ protests, President von der Leyen said “our EU food production system is unique and our farmers produce the highest quality food in the world, and they must be paid fairly”. She announced that the Commission will withdraw its proposal on pesticides reduction and that by late summer a report based on the outcomes of the strategic dialogue on the future of agriculture in the EU will present options for possible future reforms.
MEPs representing a majority in Parliament reiterated that Ukraine’s defence is Europe’s defence. They expressed their unwavering support for the country and noted that the delivery of weapons and ammunition must accelerate. Some MEPs raised the idea of using frozen Russian assets and the worrying political developments in the USA, while others raised the alarm about the threat of the war spreading beyond Ukraine and warned that the ongoing arms race is not sustainable.
On the recent farmer demonstrations, most speakers said a new approach is needed for the EU’s Common Agricultural Policy and any upcoming legislation for the green transition, and highlighted the dual policy goal of ensuring livelihoods for farmers and securing the EU’s food production. Most MEPs raised the need to find solutions to address these issues simultaneously, with many warning against populist voices seeking to politicise this complex problem. Some called for more direct financial support for farmers or for restrictions on the import of agricultural products.
You can watch the 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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