Contents tagged with European Commission

  • European Commission offers €1 billion assistance package to Ukraine

    The European Commission has adopted a proposal for a new Macro-Financial Assistance (MFA) program for Ukraine worth up to €1 billion ($1.23 billion) intended to support economic stabilization and structural reforms, as said in the statement on the website of the European Commission.

    "Today's proposal follows the request of the Ukrainian authorities and direct discussions between [European] Commission President Jean-Claude Juncker and Ukraine’s President Petro Poroshenko. The new program seeks …

  • European Commission offers to mediate negotiations between Naftogaz and Gazprom

    European Commission (EC) Vice-President for Energy Union Maroš Šefčovič noted that the European Commission is ready to mediate to help settle the gas dispute between Ukraine and Russia. This was mentioned in a statement released on the EC website.

    It was specifically noted that Šefčovič had contacted Ukrainian and Russian authorities for telephone-based discussions. Šefčovič spoke with Ukrainian Prime Minister Volodymyr Groysman, Naftogaz CEO Andriy Kobolyev, and Russian Energy Minister …

  • Ukraine and Russia are ready for a dialogue with the European Commission on the gas transit issue

    Ukraine and Russia have prepared for close, consistent communication regarding gas transit issues, RIA Novosti reports, quoting a representative of the European Commission. "Ukraine and Russia have confirmed their readiness to remain in close contact with the European Commission," the source said.

    According to him, the Vice President of the European Commission for Energy Union, Maroš Šefčovič was informed of Gazprom's intention to terminate contracts with Naftogaz. He also added that all …

  • Media: European Commission to consider the state of Kyiv’s cooperation with International Monetary Fund before providing further assistance

    The European Commission plans to take into account a variety of factors in deciding on a new program of macro-financial assistance for Ukraine, including the status of the country’s program of cooperation with the International Monetary Fund in particular, as noted in a written response by the Delegation of the European Union to Ukraine to a request by Evropeyskaya Pravda news outlet.

    The statement notes that European Commission must give the Ukrainian authorities' request a positive …

  • European Commission ready to provide Ukraine with assistance of 1 billion euros

    The European Commission is ready to offer Ukraine a new package of macro-financial assistance in the amount of 1 billion euros, despite the incomplete fulfillment of the previous program requirements, as stated by Valdis Dombrovskis, Vice-President of the European Commission, on Radio Liberty.

    According to him, the European Commission is ready to agree on the aid package for Ukraine next week.

    Dombrovskis sad, "This was discussed at the end of last year, when the previous program was over and …

  • European Commission accuses Russia of misinformation

    European Commissioner for Security Union, Julian King, in an article for DW, accused the Russian government of deliberately spreading disinformation.

    "There is hardly any doubt that we are currently dealing with a clever, well-conducted, and government-backed pro-Russian disinformation campaign," he stated.

    In his opinion, the Russian military uses the Internet as a new battlefield, using false information as a weapon.

    Among the cyberthreats, he cited hacking attacks, the spread of computer …

  • The European Commission started sanctions process against Poland

    On Saturday, July 29, the European Commission officially launched a procedure for imposing sanctions against Poland. This happened after one of the laws on the reform of the Polish judicial system that had gained notoriety was published and entered into force. Now Warsaw has a month to respond to Brussels' official note, the statement on the European Commission website reads. Depending on the response of the Polish authorities or the absence of the response, the European Commission can proceed …

  • European Commission and Russia are ready to hold talks on Nord Stream 2 pipeline

    Russia intends to hold the talks with the Vice-President of the European Commission (EC) for Energy Union Affairs, Maros Sefcovic, by early September.

    According to the head of the Russian Ministry of Energy, Alexander Novak, the European side already has a mandate from all EU states to negotiate on the construction of the “Nord Stream 2” gas pipeline in Astana.

    "Mr. Sefcovic informed me that just yesterday the European Commission received a mandate. We have not seen this document yet; we will …

  • The Estonian government will send the European Commission a proposal to fine Gazprom

    The Estonian government had a meeting on Thursday and decided to invite the European Commission to fine PJSC Gazprom for abusing the monopoly position in the gas market.

    “Considering the scale of the violation, Estonia believes that the antimonopoly investigation against Gazprom should be completed in a way that ensures the cessation of abuse of the monopoly position, followed by a fine. According to Estonia, in this case, the taking of obligations by Gazprom is not proportional to the size of …