Financial aid

Europe News

The Portuguese pick for EU financial services commissioner

European Commission President Ursula von der Leyen entrusted a financial portfolio to a woman known for administering tough fiscal discipline during Portugal's sovereign debt crisis.

18/09/2024

Ukraine

Poland calls for end to EU benefits for Ukrainian men of fighting age

Poland's foreign minister wants social security benefits for Ukrainian male refugees in the EU to stop, saying it encourages draft dodgers in Ukraine.

15/09/2024

Europe News

WATCH: High costs for Italian families as children head back to school

School expenses are constantly increasing, and this year Italian families have spent around seven per cent more on school supplies compared to 2023.

12/09/2024

Europe News

German MPs warn reducing Ukraine aid could send 'fatal signal'

A letter from the finance minister has raised concerns about how long and how robustly Germany will continue to support Ukraine in the face of Russia's invasion.

19/08/2024

France

Ukraine's president meets Macron in Paris to secure more military aid

Ukrainian President Volodymyr Zelenskyy is on his fourth visit to France since Russia launched its full-scale invasion in February 2022.

07/06/2024

Egypt

European Union announces €7.4 billion package of aid for Egypt

European Union announces €7.4 billion package of aid for Egypt to fund efforts in curbing migration.

17/03/2024

World News

Business leaders and politicians pledge to help rebuild Ukraine

Delegates representing businesses and dozens of governments have come together in London to promise billions of euros to help Ukraine rebuild

21/06/2023

Moldova

EU gives extra €40 million loan to Moldova

The EU has released the money as a part of its Macro-Financial Assistance to mitigate the effects of the Russian invasion of Ukraine.

05/05/2023

Belgium

EU to circumvent Hungary’s veto of €18 billion aid to Ukraine in 2023

The move comes after Hungary vetoed the aid package to blackmail Brussels after it attempted to freeze Budapest's recovery funds.

10/12/2022

Economy

Hungary blocks €18 billion in aid for Ukraine and deepens rift with EU

The approval of the €18 billion in financial aid for Ukraine requires unanimity among the 27 member states.

06/12/2022

Europe Decoded

Ukraine's 2023 budget has a $38 billion gap. Who will help cover it?

Russia's war has ravaged Ukraine's economy, prompting a drastic decline in revenues and forcing the country to ask for foreign assistance.

14/11/2022

Europe News

Ukraine war: EU pledges €18 billion to cover Kyiv's budget gap

The Commission says the money will be raised on capital markets and then sent to Kyiv in the form of favourable long-term loans.

09/11/2022

Europe News

The EU promised €9 billion in financial aid to Kyiv. Where is it?

The macro-financial assistance is meant to help Ukraine cover its budget deficit and keep its economy running.

07/11/2022

Germany

Germany unveils new plan to tackle soaring energy costs

Germany's government announced on Sunday a massive new aid plan aimed at tackling spiralling energy prices, with Scholz vowing no German will face the crisis "alone".

04/09/2022

Bulgaria

Bulgaria approves plan to support companies from high energy prices

Bulgaria had relied on Russia for 90% of its natural gas before Gazprom cut supplies in April.

16/05/2022

Europe Decoded

The cost of Ukraine's reconstruction will eclipse the Marshall Plan

Economic losses from the war could total up to $600 billion, including $100 billion alone to rebuild key infrastructure.

11/05/2022

Greece

Greece unveils new state aid scheme to combat rising electricity bills

Prime Minister Kyriakos Mitsotakis has expressed frustration that the European Union has not agreed on a joint response to the energy crisis.

05/05/2022

Money

Finland is selling its €75 million Bitcoin stash to support Ukraine

The Bitcoin will be auctioned off, with "tens of millions" in proceeds going to Ukraine.

28/04/2022

World News

Euroviews. Weaning Europe off COVID bailouts will be a tough balancing act | View

Now is the time to consider how to roll back support when the opportunity presents itself, say Ivan Mikloš and Soňa Muzikárová.

14/04/2021

United Kingdom

'It would be tragic to lose Eurostar,' says MEP, calling for bailout

Eurostar has been calling for state bailouts and has stripped its services to the bare minimum, with just one return journey per day.

23/02/2021