Politics
Italy secures €247 million for modernization and safety on A32 motorway
Italy has secured €247 million from the European Investment Bank (EIB), Cassa Depositi e Prestiti (CDP), UniCredit, SACE, and Società Italiana per il Traforo Autostradale del Frejus S.p.A (SITAF) for modernization and safety on the A32 motorway. The A32 motorway connects north-western Italy with France via the Frejus tunnel (T4) and is one of Europe’s key road arteries and an integral part of the Mediterranean Corridor of the Trans-European Transport Network (TEN-T).
The EIB has granted a direct loan of around €105 million to SITAF (ASTM Group), while CDP has provided €92 million and UniCredit €50 million, benefiting from EIB funding. Around €80 million of the EIB financing and €40 million of the CDP credit lines are covered by a SACE guarantee. CDP and UniCredit have also acted as SITAF’s structuring and coordinating advisors for the overall structuring of the project finance-based loan.
This financing comes in addition to the €320 million provided in 2013 for the construction of the second T4 tunnel, which is expected to open by the end of 2023. The operation will enable SITAF to make a series of investments to improve road safety and modernize the main bridges, viaducts, and tunnels along the 80 km of the A32 motorway. The investment plan also covers actions to expand smart transport systems and travel services, the replacement of lighting systems with LED technology, and the renewal of noise barriers. Overall, the project will make motorway infrastructure safer and more resilient to extreme weather events.
UniCredit has also acted as hedging bank and financial advisor to the borrower for the deal. SITAF CEO Claudio Vezzosi said, “This funding will enable SITAF to make the planned investment to improve safety on the key artery for Italy and Europe, making it more resilient, digital, and sustainable in line with the strategic orientations of the ASTM Group.”
CDP Deputy General Manager and Business Director Massimo Di Carlo added, “This partnership between national and EU institutions will strengthen an artery of vital strategic importance for the economic, social and sustainable development of Italy and the European Union. The operation is in line with CDP’s 2022-2024 strategic plan and confirms its commitment to supporting the improvement of Italy’s infrastructure, offering financial resources and expertise in the structuring of intricate and innovative operations.”
The project will improve road safety and the structural and seismic adaptation of bridges and viaducts, making infrastructure more resilient to future climate events. The investment plan also covers actions to expand smart transport systems and travel services, the replacement of lighting systems with LED technology, and the renewal of noise barriers. Overall, the project will make motorway infrastructure safer and more resilient to extreme weather events.
“Supporting the creation and modernization of the TEN-T network is an EU priority, and the EIB provides financing to make the network safer, more accessible, more sustainable, and more efficient,” said EIB Vice-President Gelsomina Vigliotti. “By backing adaptation and modernization work on the A32 motorway, the EIB is helping to secure a safe and reliable connection for transit traffic between Italy and France, facilitating the movement of goods and people.”
“We are proud to have made the financing of this investment plan possible with our guarantees, improving safety on one of Europe’s main road arteries,” said SACE CEO Alessandra Ricci. “Modern infrastructure and a safe and efficient motorway network are key assets for international trade growth and an important catalyst for Italian exports to Europe.”
In conclusion, the €247 million investment in the A32 motorway will improve road safety, modernize infrastructure, and make it more resilient to extreme weather events. The project will also expand smart transport systems and travel services, replace lighting systems with LED technology, and renew noise barriers. The investment will strengthen an artery of vital strategic importance for the economic, social, and sustainable development of Italy and the European Union.
Politics
Enlargement: how do countries join the EU?
EU enlargement is a way to foster peace and stability in Europe, increase prosperity for Europeans and create opportunities for companies.
Countries preparing to join benefit from closer ties with the EU, stronger support for fundamental rights as well as from funding and expertise from the EU to make the process easier.
In December 2023, EU leaders announced that the EU would recognise Georgia as a candidate country and would start accession talks with Ukraine and Moldova. The accession talks with Ukraine and Moldova formally started on 25 June 2024. In March 2024, EU leaders also agreed to launch accession talks with Bosnia and Herzegovina.
Which countries want to join the EU?
The EU has recognised Albania, Bosnia and Herzegovina, Georgia, Moldova, Montenegro, North Macedonia, Serbia, Ukraine and Türkiye as candidate countries for EU membership, though accession negotiations with Türkiye have been frozen since 2018. This is something MEPs had called for on various occasions due to concerns over the situation in Türkiye, including the rule of law and media freedom.
Kosovo is a potential candidate country.
Who can join the EU? What are the requirements for EU membership?
In order to apply for EU membership, a country has to be European and respect the EU’s democratic values. It also needs stable institutions guaranteeing democracy and the rule of law; a functioning market economy; and the ability to take on and carry out the obligations of EU membership.
What support do candidate countries and potential candidate countries benefit from?
Candidate countries and potential candidate countries benefit from EU funding, detailed policy advice, as well as Association Agreements, giving far-reaching access to the EU’s internal market.
How does the enlargement process work?
A country can become an official candidate once it meets basic political, economic and reform criteria. It can then start formal negotiations on 35 chapters covering many different policy areas with the EU.
Once negotiations and reforms have been completed, an accession treaty is finalised, which needs to be ratified by all existing EU member states and the country itself before the country can join the EU.
What is the history of EU enlargement?
The EU started in 1952 as the European Communities with six founding members: Belgium, France, Germany, Italy, Luxembourg, and Netherlands. The first enlargement took part in 1973 when Denmark, Ireland and the UK joined.
In the 1980s, Greece joined in 1981, followed by Spain and Portugal five years later after emerging from dictatorships in the 1970s. In 1985 Greenland, which is an autonomous part of Denmark with a local government responsible for judicial affairs, policing and natural resources, became the first territory to leave the EU.
The fall of the Berlin Wall and the subsequent collapse of the Soviet Union changed everything again. In 1995 Austria, Finland and Sweden joined the EU. This was followed by two waves of Central and Eastern European countries joining. The Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia as well as Cyprus and Malta joined in 2004. In 2007, it was the turn of Bulgaria and Romania.
Croatia became the most recent country to join the EU in 2013. Meanwhile, the UK left the EU in 2020.
What is the current situation for EU enlargement?
Russia’s full-scale invasion of Ukraine in 2022 led to Georgia, Moldova and Ukraine submitting applications for EU membership. The EU formally launched accession talks with Moldova and Ukraine in June 2024, while Georgia was recognised as a candidate country in December 2023.
The EU is also keen to give Western Balkan countries, who have been part of the enlargement process for a long time, a clear path to membership to help stabilise the region and promote fundamental reforms and good neighbourly relations.
What is the role of the Parliament?
MEPs debate and vote on annual progress reports for each country, which is an opportunity to identify areas of concerns.
The Parliament’s approval is also required before a country can join the EU.
Parliament has remained supportive of the enlargement process. President Roberta Metsola called it the EU’s strongest geopolitical tool in a speech to the European Council in October 2023. “That is why the European Parliament had called for Ukraine and Moldova to receive EU candidate status,” she said. “This status gives a clear European perspective to these nations and serves as a powerful impetus for advancing democratic reforms. A quick look back at the last 20 years can illustrate the transformative power of enlargement. That is why we want to go the next step by the end of the year if those countries are ready.”
On various occasions Parliament called for the EU’s doors to be opened to Ukraine and Moldova. In July 2022 MEPs welcomed the Council decision to start the accession process with the two countries.
Parliament continues to support the accession of the Western Balkans countries to the EU. In a resolution adopted in June 2020, MEPs call on the EU to do more to make the enlargement process for these countries a success.
In a resolution adopted in December 2023, Parliament called on the EU to open accession talks with Moldova and Ukraine as well as with Bosnia and Herzegovina, provided the country takes certain reform steps. MEPs also called for a clear timetable to conclude negotiations by the end of this decade and for Georgia to be recognised as a candidate country.
Source: European Commission
Politics
Patriarch Bartholomew: To remain silent in the face of the cruelty of war is shameful!
“War is always destructive. To remain silent in the face of the cruelty of war is shameful! It is our duty and mission to protect and promote peace. “Blessed are the peacemakers” (Matt. 5:9). With these words, His Holiness the Ecumenical Patriarch Bartholomew began his short address to the International Summit for Peace in Ukraine, which was attended by leaders and representatives of about one hundred countries and international organizations, and which took place on June 15-16, 2024, in the Bürgenstock resort , Switzerland.
The Patriarch emphasized the importance and value of dialogue, which, in his words, is the driving force of this conference.
Regarding the granting of autocephaly to the Orthodox Church of Ukraine, he emphasized that the Ecumenical Patriarchate responded to the “pastoral needs of the Orthodox believers in Ukraine”: “On January 5, 2019, in response to the pastoral needs of the Orthodox believers in Ukraine, the Ecumenical Patriarchate decreed the Orthodox Church of Ukraine as an autocephalous or self-governing ecclesiastical entity independent of the Moscow Patriarchate. And we did this despite all the difficulties and at any cost, because we firmly believe that Orthodox Christians in Ukraine deserve their own church voice. We are all here to support a just and lasting peace in a sovereign Ukraine. May God rest in peace all those who tragically lost their lives and give strength to all those who defend the peace.”
According to a press release, during the summit the Ecumenical Patriarch had the opportunity to meet and talk with the presidents of Ukraine Volodymyr Zelensky, France Emmanuel Macron and Georgia Salome Zourabishvili, with the Prime Minister of Greece Kyriakos Mitsotakis, the Vatican Secretary of State Monsignor Petro Parolin, with Hakan Fidan, Minister of Foreign Affairs of Turkey, and others.
An interesting detail of the picture of the meeting is the attempt to create a “problem” around the participation of the Ecumenical Patriarch, who attended the meeting as a representative of Turkey, but with the flag of the Patriarchate. Turkey was represented by its foreign minister, Hakan Fidan, and by Patriarch Bartholomew. Highlighting the coverage of the “church participation” in the meeting in the pro-Russian media was the status of the patriarch, who participated with the title of Ecumenical Patriarch. In Turkey, however, his status is recognized only as “Greek Patriarch of Fener”. The presence of his signature as “Ecumenical Patriarch” under the general declaration led the Turkish authorities to emphasize again that they do not recognize Patriarch Bartholomew such a title and role in world Orthodoxy that was inherited from the Byzantine Empire, and he is only the head of the “Greek religious minority ” in the country and can only represent him. The Turkish foreign minister also denied having an official personal meeting with the patriarch within the framework of the conference. This position particularly impresses the Russian policy aimed at compromising and belittling the role of the Ecumenical Patriarchate at all levels and on all occasions.
Turkish media also noted that the Vatican, which attended with observer status through its secretary of state, did not sign the joint declaration signed by Turkey. South Africa, Saudi Arabia, India, South Africa, Thailand, Indonesia, Mexico and the UAE did not sign the declaration. To date, the declaration has been signed by seventy-nine countries and six international organizations.
Politics
The new government in Skopje rejected the deal with Bulgaria
Lawmakers in North Macedonia approved the new nationalist-dominated government of Prime Minister Hristijan Mickoski, whose party won parliamentary elections in May, riding on voter anger at the slow pace of European Union integration, reported Reuters.
After a third vote and a technical problem with the electricity, the final result was 77 votes to 22 in the 120-seat parliament, where the ruling coalition consists of Mickoski’s party VMRO-DPMNE, the Albanian alliance VLEN/VREDI and ZNAM, an ethnic Macedonian breakaway from the Social Democratic Party (SDSM).
Declaring the session “historic”, Mickoski, who is in his first term as prime minister, told MPs it was time to “roll up their sleeves and start solving the problems in the country”.
He said his government, made up of 20 ministries, would not need 100 days to show results in reforms, but would start working immediately to attract new investment, cut taxes and increase pensions and wages.
Mickoski stated that the government will remain committed to European integration.
“We continue to stand together with our EU partners and together we will harmonize the common foreign policy with the EU,” he said, adding that his country would continue to support Ukraine’s defense against Russian invasion.
But Mitkoski also said that the previously agreed deal to settle the dispute with Bulgaria by changing the constitution to recognize a Bulgarian minority “will not pass and there will be no constitutional changes while I am here.”
Opposition lawmakers have cast doubt on the new government’s ability to deliver on its program promises, accusing Mickoski of being manipulative and keeping proposed reforms secret.
VMRO-DPMNE has been in opposition since 2017, when Nikola Gruevski’s government was ousted after the 2016 election over alleged corruption and replaced by the SDSM-led government.
Nikola Gruevski, a right-wing nationalist who fled the country in 2018 after being sentenced to two years in prison on corruption charges, has been granted political asylum in Hungary.
After boycotting VMRO-DPMNE in recent years over concerns that its nationalist leanings could damage relations with EU neighbors Greece and Bulgaria and the country’s bid for EU membership, voters have turned left to right in frustration with the slow development and delay of EU integration.
According Mickoski: A bilateral treaty being part of a negotiating framework with the EU is a precedent. Changes to the Constitution will be made after North Macedonia becomes a member of the Community.
Mickoski has on several occasions referred to the Balkan nation of 2 million simply as Macedonia, without giving its full name North Macedonia, which the previous government changed under pressure from Greece, which claimed the name implied territorial claims to the Greek province of the same name.
Greece has already warned it could block North Macedonia’s bid to join the EU after its neighbour’s newly elected president, Gordana Siljanovska-Davkova, also called her country “Macedonia”, reigniting a dispute with Athens over the name.
MFA: Bulgaria has no new conditions for the RNM, but wants to see progress on the old ones. According to the Bulgarian Foreign Ministry, the manipulative presentation of the conditions from 2022 is particularly dangerous.
The so-called a French proposal, with which the agreed between the RNM and Bulgaria to change the Constitution and the inclusion of Bulgarians as a minority, was voted by the 47th National Assembly in Sofia and became part of the Negotiation Framework for membership in the European Union for our southwestern neighbor. The Bulgarian media recall, proposal itself was adopted with 170 votes “for”, supported by GERB, “We continue the change”, Democratic Bulgaria and DPS, opposed by “Vazrazhdane” and “There is such a people”, and BSP abstained. However, the vote also became a dividing line in our country, as it was followed by the withdrawal of ITN from Kiril Petkov’s government and a successful vote of no confidence.
Illustrative Photo by Beyzanur Gazioğlu Balcı: https://www.pexels.com/photo/monument-of-man-on-a-horse-in-macedonia-19743461/
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