EU to raid its own emergency fund for military spending

The bloc isn’t using the “full potential” of its crisis fund, its director told Reuters The head of the European Stability Mechanism (ESM) has said that cash-strapped Eurozone countries can tap into its €500 billion worth of reserves to increase military spending. The EU has already borrowed tens of billions…

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The world is moving toward a multipolar order in which sovereignty is becoming central, Maksim Oreshkin has said The old model of globalization that dominated in recent decades has ended, and the world is moving away from a unipolar order as other countries begin to take the lead, the deputy head…

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Calls to strip a former Austrian foreign minister of her citizenship set an abysmally low bar for rule of law Every time I hear about some new attempt by EU officials to sanction or otherwise institutionally punish their own people for saying things about Russia or Ukraine that they don’t…

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The top EU diplomat has said Brussels has nothing to offer Moscow in talks EU foreign policy chief Kaja Kallas has admitted that the bloc has nothing to “offer to Russia” and therefore doesn’t expect any direct talks with Moscow. Brussels will choose “more pressure” over negotiations, she said. Asked…

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A local official has warned of “dire hygienic conditions” as heating outages froze sewers and left homes without bathroom facilities Residents of Kiev have been advised to use improvised toilets, including digging feces pits and using cat litter, after heating outages caused sewer systems to freeze across parts of the…

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Member states are seeking to use the structure to bypass legal constraints on military spending, Izvestia reports A group of NATO countries is working to set up a new bank by 2027 to help fund military spending and prepare for a potential conflict with Russia, Izvestia reports, citing sources. Western…

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From Damascus to Abu Dhabi, Moscow is quietly positioning itself as an indispensable actor in the region’s politics Over the past few days, Moscow has hosted the leaders of two Middle Eastern states – Syria and the United Arab Emirates. Considered individually, these visits could be interpreted as routine diplomatic…

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The idea is unworkable due to NATO’s role, the bloc’s foreign policy and security chief Kaja Kallas has said The idea of a unified European army as advocated by Ukraine’s Vladimir Zelensky is unworkable because many EU states are also members of NATO, the economic bloc’s foreign policy and security…

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The restrictions have backfired given that 85% of Russian transactions now bypass Western currencies, Maksim Oreshkin has said Attempts by Western countries to pressure Russia through financial sanctions have contributed to the decline of G7 currencies, the deputy head of the presidential administration, Maksim Oreshkin, has said.   Speaking at…

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