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Establishing the Ukraine Facility: Financing Ukraine's recovery and its path to EU accession
The Ukraine Facility supports Ukraine, its recovery and its path to EU accession, allocating up to €50 billion for 2024 to 2027. Regulation (EU) 2024/792 establishing the Ukraine Facility was adopted by the European Parliament and the Council in February 2024. The EU budget is supposed to finance the Facility's €17 billion in grants and guarantee its €33 billion in loans. Additional financing is expected to come from frozen Russian assets. In the negotiations with the Council, the European Parliament ...
Legal options for confiscation of Russian state assets to support the reconstruction of Ukraine
This report analyses the options under international law for the confiscation of Russian state assets to support Ukraine's reconstruction. It focuses on Russian Central Bank assets, US$300 billion of which are frozen in various jurisdictions. The report considers four avenues for overcoming Russia's immunity from enforcement: avoidance of immunity through purely executive or legislative action; justification for the breach of international law on the grounds that it is a countermeasure; evolution ...
Istituzione dello strumento per l'Ucraina
Con una dotazione massima pari a 50 miliardi di EUR in sovvenzioni e prestiti per il periodo 2024-2027, lo strumento per l'Ucraina sosterrà il paese, la sua ripresa e il suo percorso verso l'adesione all'UE. Il 6 febbraio 2024 il Parlamento europeo e il Consiglio hanno raggiunto un accordo politico sull'istituzione dello strumento per l'Ucraina, dando seguito all'accordo raggiunto in sede di Consiglio europeo sulla revisione del quadro finanziario pluriennale (QFP) dell'UE. Il QFP dovrebbe finanziare ...
Diritti umani e democrazia nel mondo: valutazione dell'azione dell'UE nel 2022
L'ultima revisione annuale dell'azione esterna dell'UE volta a promuovere i diritti umani e la democrazia, relativa al 2022, evidenzia un contesto in peggioramento, caratterizzato dalla guerra della Russia contro l'Ucraina, da molteplici conflitti e da sfide emergenti. Durante la tornata di febbraio II, il Parlamento europeo dovrebbe votare la propria relazione annuale sui diritti umani e la democrazia nel mondo, che risponde alla relazione annuale dell'alto rappresentante dell'Unione per gli affari ...
European Peace Facility: Continued EU military assistance to Ukraine
Almost two years since Russia began its full-scale invasion of Ukraine, EU military assistance under the European Peace Facility (EPF) is lagging. The special European Council meeting of 1 February 2024 invited the Council to agree by early March 2024 to amend the regulation establishing the EPF, in order to increase its financial ceiling.
Latin America outlook: Issues to watch in 2024
This year's EPRS outlook for Latin America focuses on key developments in the region, a partner of significant importance for the European Union (EU). As part of its efforts to foster alliances around the globe, the EU has been striving since 2022 to revive relations with Latin America and the Caribbean (LAC) and 2023 was crucial for EU relations with the Community of Latin American and Caribbean States (CELAC). The leaders' summit that took place in Brussels on 17-18 July 2023 under the Spanish ...
EU pact on migration and asylum: State of play
In 2016, with unprecedented numbers of irregular migrants and asylum-seekers arriving in the EU, the European Commission proposed a package of reforms to the common European asylum system (CEAS). In June 2018, a broad provisional agreement was reached between the European Parliament and the presidency of the Council of the EU on several of the reform proposals. However, the agreement did not get the necessary support from the Member States. The reform stalled owing to persistent disagreements among ...
Plenary round-up – February I 2024
A highlight of the February I 2024 plenary session was the debate on the conclusions of the special European Council meeting on 1 February, at which leaders reached agreement on EU funding, in particular for Ukraine. That was followed by a debate with the Council and Commission on the need for unwavering EU support for Ukraine, after two years of Russia's war of aggression against Ukraine. Members also debated empowering farmers and rural communities and ensuring sustainable and fairly rewarded EU ...
Sanctions are an essential tool to safeguard EU values and interests, but how can the EU enforce them and protect its budget in the process? With a particular focus on the EU-Russia sanctions, this work-shop looked at the issue from various perspectives, including trade sanctions, criminalising sanctions circumvention, asset freezing and tracing final beneficiaries of EU funds.
Outcome of the special European Council meeting of 1 February 2024
EU leaders reached a swift and unanimous decision on the long-term EU budget at the special European Council meeting of 1 February, sending a strong and united message on the EU's continued support for Ukraine. Altogether, the European Council agreed to reinforce new priorities by €64.6 billion in a revised EU multiannual financial framework (MFF). Next to the MFF, leaders discussed the EU's military support to Ukraine, calling on the Council to agree to a European Peace Facility top-up by March ...