Category: Politico News

The European Commission is working on a way to provide Ukraine with around €1.5 billion of budgetary support per month next year, officials with knowledge of the discussion told POLITICO Monday. The EU in May pledged €9 billion in so-called macro financial assistance to Ukraine, but of that, only €6 billion has received the backing […]

BERLIN — G7 leaders will hold a videoconference on Tuesday to discuss the escalating war in Ukraine as well as efforts to bring down gas prices — just days after German Chancellor Olaf Scholz pitched such global talks as an alternative to an EU price cap on gas imports. Heads of state and government of […]

Richard Blumenthal, a Democrat, is senior U.S. senator representing Connecticut. He serves on the Senate Armed Services Committee. Ro Khanna, a Democrat, represents the 17th district of California. He serves on the House Armed Services Committee. Jeffrey Sonnenfeld is senior associate dean of leadership studies and Lester Crown professor of leadership practice at the Yale […]

PARIS — For months, France’s telecoms operators hoped to be shielded from potential power cuts this winter. Now they’re preparing for the worst. As Europe heads deeper into an unprecedented energy crisis, the French government has suggested rolling blackouts could be a last resort — and telecoms won’t get the exemptions they have asked for. “It’s no […]

Russian President Vladimir Putin turned back to his bloody, destructive playbook from Syria with a barrage of rocket attacks against civilian targets across Ukraine on Monday, ramping up pressure on Western allies to supply Kyiv with the air defenses it has long sought. Monday’s rush-hour bombardment on the streets of Kyiv, Lviv, Dnipro, Zaporizhzhia and […]

PARIS — The French government is feeling the heat as strikes at oil refineries and storage facilities have led to fuel shortages across the country. Budget Minister Gabriel Attal on Monday blamed hard left union CGT, which has been leading the strikes over the situation as long lines have formed in front of petrol stations […]

Germany’s Interior Minister Nancy Faeser is considering ousting the head of the country’s cybersecurity agency after an investigation by public broadcaster ZDF because he cultivated too close ties to Russian state-linked groups, local media report. Arne Schönbohm, the head of the Federal Office for Information Security (BSI), founded an industry group called the Cyber Security […]

Three missiles Russia launched at Ukraine on Monday from ships in the Black Sea crossed Moldova’s airspace, the country’s Deputy Prime Minister Nicu Popescu said on Twitter. Popescu said that Russia’s ambassador to Moldova has been summoned to provide an explanation. The violation of a country’s airspace constitutes a breach of international law. Popescu condemned […]

LONDON — U.K. Prime Minister Liz Truss has overruled her Chancellor Kwasi Kwarteng over the appointment of a new top official to run the Treasury. Kwarteng wanted Antonia Romeo for the role of Treasury permanent secretary and she was appointed to the role last week, according to people familiar with the process. Transitional arrangements in […]

The Bank of England is bolstering support for beleaguered U.K. pension funds to try to underpin government bond markets and create “an orderly end” to its emergency bond-buying intervention on Friday.  The BoE took emergency action on September 28 by pledging to buy up to £65 billion of gilts to calm the market after Chancellor […]