Josep Borrell: "Many voices are warning of the recession that the war against Ukraine could cause. The war against Ukraine has been accompanied by a sharp rise in inflation which is leading to significant increases in interest rates. We have also observed in recent weeks a rapid fall in share prices on financial markets and a spectacular loss of value on cryptocurrencies. This could trigger a new financial crisis. But faced with bleak economic outlook, we should avoid false solutions. We must keep trade open, as trade barriers would only worsen affordability and have an asymmetrical impact on the poor. We should help stimulate local production. . ."
Spanish political leaders have been playing a very significant part in bringing EU diplomacy to the world stage from the very beginning. The first permanent High Representative of EU's Foreign and Security Policy was the Spanish physicist-politician Javier Solana. He launched the difficult negotiation for Ukraine's membership in the European Union which angered Russia.
Three of the most significant elements of Ukrainian Easter: the Paska, the Pysanka, and the Willow Branch. See what they are and why they help define Easter in Ukraine.
Irpin is newly named "Hero City of Ukraine" by the Ukrainian Ministry of Defense. Just a stone's throw away from the center of Kyiv, the Russians thought they'd cakewalk through Irpin and take Ukraine's capital. Thwarted by Irpin, the Russians beat an ignominious retreat. Let its street art clue you in on the essence of this Hero City!
By law, Daylight Saving Time in the European Union starts on the last Sunday of March and ends on the last Sunday of October. Hence, on the 27th of March 2022, DST will kick in – EU clocks will leap forward one hour at 01:00 UTC. In Spain, the change will occur at 2:00 AM, by which time it's 3:00 AM already due to its time zone.
A fairy tale city in western Ukraine that can make you believe, if only for a moment, that brutal war is a thing of the past.
If Russia's atrocious invasion of Ukraine in February 2022 leaves a bitter déjà-vu taste in the mouth, it is because it is an eerie blow-by-blow replica of past Russian aggressions.
The European Union and its partners are working to cripple Putin's ability to finance his war machine. Von der Leyen will now be proposing to EU leaders that (1) the Union ensure a certain number of Russian banks are removed from SWIFT; (2) the EU stop Putin from using his war chest by paralysing the assets of Russia's central bank; and (3) the EU prevent Russian oligarchs from using their financial assets on our markets.