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LONDON — Far-right Dutch lawmaker Geert Wilders' hopes of becoming prime minister of the Netherlands are dwindling after coalition talks fell into disarray Tuesday. Wilders took to social media Tuesday evening to berate Omtzigt's withdrawal, calling the decision "incredibly disappointing." I don't understand it at all," Wilders wrote in a post on X, according to a Google translation. However, former Labor Party minister Ronald Plasterk, who has been leading the talks, earlier flagged finances as a major sticking point in talks. Alternatively, if no combination of parties can agree to form a coalition, a new election could be called.
Persons: Geert Wilders, Pieter Omtzigt, vexing Wilders, Wilders, Omtzigt's, Omtzigt, Mark Rutte, Caroline van der Plas, Ronald Plasterk, European Union —, Plasterk, Frans Timmermans Organizations: Party for Freedom, NSC, BBB, Labor, Reuters, European Union, Labour, Green Locations: Netherlands, Dutch, Europe
EU tells Hungary its 'sovereignty' law violates EU law
  + stars: | 2024-02-07 | by ( ) www.cnbc.com   time to read: +1 min
Hungary's new law on "protecting national sovereignty", which the ruling Fidesz party said was necessary to protect against foreign political interference, violates European Union law, the European Commission said on Wednesday. The Hungarian legislation violates EU laws on democracy and the equal rights of EU citizens, the data protection law and several rules applicable to the internal market, the Commission said. The legislation came as nationalist Prime Minister Viktor Orban, who has clashed repeatedly with the European Union over democratic rights in Hungary, stepped up his party's campaign ahead of European Parliament elections next June. Under the law, a separate authority to explore and monitor risks of political interference will be set up. If it does not address the grievances stated in the letter, the Commission may decide to send a reasoned opinion - a formal request to comply with EU law - as a next step in the procedure.
Persons: Viktor Orban Organizations: Union, European Commission, European Union Locations: Hungary, Hungarian
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA US veteran who says he fought in Ukraine blasted House Speaker Mike Johnson, MAGA Republicans, and those who are blocking aid to Ukraine. The White House and war experts have said that Ukraine would fall without additional aid. AdvertisementHe also claimed to have seen the mass grave in Izium, a city in Ukraine that was eventually recaptured from Russia. Jackson added: "However imperfect we may be, we can come together on the simple fucking question that genocide is bad."
Persons: , Mike Johnson, MAGA, John Jackson, Jackson, Jose Colon, Ronald Reagan Organizations: Service, MAGA Republicans, Business, Russia, Anadolu Agency, Getty, Republican Locations: Ukraine, Israel, Mexico, Izium, Russia, Ukrainian, South Africa
FRANKFURT, Germany (AP) — Missiles and drones are flying in the Red Sea, disrupting one of the world's key trade arteries and a chokepoint for energy shipments headed for Europe. Last year, 12.9% of Europe's LNG went through the Red Sea from suppliers in the Middle East, mainly Qatar. That means “an extended shut-in of the Red Sea route from the Middle East poses a supply risk to Europe,” said Kaushal Ramesh, vice president at Rystad Energy. So far, there's been little to no impact on natural gas prices. Europe is getting a break because demand for natural gas is weak amid a sluggish economy.
Persons: Yemen's Houthi, it's, , Kaushal Ramesh, there's, ” Rystad's Ramesh, Simone Tagliapietra, Tagliapietra, Biden, Vladimir Putin, Joe Biden, Jennifer Granholm, Eurogas, Tagliapeitra, Claudia Kemfert, ___ Daly Organizations: Missiles, Union, SEA, Italy's, Europe's, Rystad Energy, WHAT'S, Energy, Industry, German Institute of Economic Research, Leuphana University Locations: FRANKFURT, Germany, Red, Europe, Italy, Russia, Ukraine, Mandab, Israel, U.S, Yemen, Africa, Suez, Qatar, China, Norway, Azerbaijan, Brussels, Iran, Hormuz, Persian, That's, , Asia, ” U.S, USA, EU, Washington
Pluto Markets, a trading app backed by famed accelerator Y Combinator, has raised $2.6 million in fresh funds. The Danish fintech startup, founded in 2021, wants to upend the market for retail trading offerings in Europe. "Companies raised a lot of money to blitz scale across the EU but have now focused on their core markets. Unlike most fintech brokerages, Pluto secured an EU-wide investment license before it had raised $1 million in funding, having bootstrapped and stayed lean. You can check out Pluto Market's 14-slide pitch deck below:
Persons: Joakim Bruchman, Goldman Sachs, We've, Bruchmann, Pluto, Oscar Vingtoft Organizations: Business, Companies, Trade Republic, Saxo Bank, EU Locations: Danish, Europe, Denmark, France, Germany, Berlin
January Was World's Warmest on Record, EU Scientists Say
  + stars: | 2024-02-07 | by ( Feb. | At P.M. | ) www.usnews.com   time to read: +2 min
By Kate AbnettBRUSSELS (Reuters) - The world just experienced its hottest January on record, continuing a run of exceptional heat fuelled by climate change, the European Union's Copernicus Climate Change Service (C3S) said on Thursday. Last month surpassed the previous warmest January, which occurred in 2020, in C3S's records going back to 1950. Every month since June has been the world's hottest on record, compared with the corresponding month in previous years. "Rapid reductions in greenhouse gas emissions are the only way to stop global temperatures increasing," she said. Still, average global sea surface temperatures last month were the highest for any January on record.
Persons: Kate Abnett BRUSSELS, Samantha Burgess, Kate Abnett, Sandra Maler Organizations: El, Nina Locations: U.S, Paris
MADRID (AP) — Mirroring protests across Europe, thousands of farmers in Spain staged a second day of tractor demonstrations on Wednesday across the country, blocking highways to demand changes in European Union farming policies and measures to combat production cost hikes and severe drought. The protests, involving several thousand people on tractors and in other vehicles, haven't been backed by Spain´s three main farming organizations, which have called for separate protests in the coming days. Speaking in Spain's parliament on Wednesday, Prime Minister Pedro Sánchez pledged to help farmers and take their case to Europe. Agriculture Minister Luis Planas Puchades met with farmers’ unions on Friday, but failed to persuade them to halt the protests. There have been other protests in countries such as France, Poland and Greece in recent days.
Persons: Efe, Spain ´, Pedro Sánchez, Luis Planas Puchades, Hadja Lahbib, Maroš Šefčovič, Raf Casert Organizations: MADRID, Agriculture Ministry, Agriculture, European Commission, Foreign Locations: Europe, Spain, Union, Castellon, Jerez, State, Barcelona's, Spain's Catalonia, Madrid, Ukraine, France, Poland, Greece, Belgium, Brussels
MADRID (Reuters) - Spanish farmers blocked major highways with their tractors for a second day and disrupted access to port terminals as anger spreads in Europe's countryside against high costs, bureaucracy and competition from non-EU countries. "Some countries don't respect the rules, they don't have quality controls," said Juan, who grows lemons in Andalusia, and was on a blockade in front of the access to Malaga port. Fed up by the market situation and encouraged by similar protests in other European countries, Spanish farmers took their tractors out of their barns on Tuesday, two days ahead of protests scheduled by the country's main farmers associations. Over the past few weeks, farmers in European countries including Germany, France and Belgium have held protests that sometimes turned violent. Farmers say demanding rules imposed on them by the EU to protect the environment make them less competitive than peers in other regions, such as Latin America or non-EU Europe.
Persons: Juan, Inti Landauro, Emma Pinedo, Sharon Singleton Organizations: TVE, Farmers, European Commission Locations: MADRID, Europe's, Andalusia, Malaga, Germany, France, Belgium, EU, America, EU Europe
BRUSSELS (Reuters) - The European Parliament on Tuesday afternoon stripped its former vice-president Eva Kaili of her immunity, clearing the way for an investigation of Kaili's alleged involvement in a 150,000 euro ($161,355) EU budget fraud case from 2015. The fraud case is unrelated to the corruption scandal dubbed Qatargate, in which the Greek politician is also involved. The report that was put to vote states that in the fraud case Kaili is accused of fraudulently spending between €120,000 and €150,000 of public money. The office of Kaili's lawyer, Spyros Pappas, did not immediately reply to a Reuters' request for comment but Pappas told news outlet Politico before the vote that he would take further legal action if Kaili's immunity were lifted. He told Politico that the notion that Kaili could serve prison time based on the outcome of the investigation is “at this stage rather premature and unsubstantiated”.
Persons: Eva Kaili, Kaili's, Spyros Pappas, Pappas, Charlotte Van Campenhout, Gerry Doyle Organizations: EU, Politico Locations: BRUSSELS
Ukraine’s rail network, known as Ukrzaliznytsia or UZ for short, has always been a source of pride and practicality in the eastern European nation, even before the war. ‘Constant threat’Ukraine's rail network, known as Ukrzaliznytsia or UZ for short, has always been a source of pride and practicality in the eastern European nation. UZ says a further $9 billlon is likely required to repair and modernize the existing UZ network, which at 19,700 kilometers is one of the world’s longest. “Our responsibility is to be a stable partner.”Indeed, despite the war, UZ says it has repaired and renewed 289 kilometers of track in 2023, rebuilt 15 bridges, built 528 new freight cars and repaired around 9,000 others. Britain’s Network Rail and Swiss Federal Railways are providing engineering support to help rebuild damaged infrastructure, while the Global Ukraine Rail Task Force (GURTF) was established in 2022 to raise funds to support Ukrainian rail workers and their families.
Persons: UZ, – UZ, , Jeff J Mitchell, Yarema Dul, , ” UZ, it’s, Ukraine’s, Olena Zelenska, Dul, Transport Network Mykola Panov, Oleksandr Pertsovskyi, Yevhen Liaschenko, ” Liaschenko, GURTF, Andy Bagnall Organizations: CNN, UNICEF, Russia, UZ’s, Transformation Department, Transport Network Mykola, CNN Travel, , ” Railway, Publishing, Transport Network, Britain’s, Rail, Swiss Federal Railways, Global Ukraine Rail Task Force, Rail Partners Locations: Russia, Ukraine, Kyiv, Lviv, Warsaw, Vienna, Panama7, Odesa, Kharkiv, Russian, Poland, Germany, Soviet Union, Budapest, Prague, Berlin, Hungary
Spanish Farmers Blockade Roads, Joining EU Peers' Protests
  + stars: | 2024-02-06 | by ( Feb. | At A.M. | ) www.usnews.com   time to read: +1 min
MADRID (Reuters) - Spanish farmers blocked traffic on some of the country's main highways on Tuesday, joining colleagues in other European countries protesting against high costs, bureaucracy and competition from non-EU nations. In Girona, tractors could be seen gathering ahead of the day of protests, carrying placards with one reading "without farmers there is no food". Like colleagues in France, Belgium, Italy and Portugal, Spanish farmers are complaining about the increasing weight of European bureaucracy, low produce prices and rising costs. They say demanding rules imposed on EU farmers to protect the environment makes them less competitive than peers in other regions, such as Latin America or non-EU Europe. Over the past few days, blockades in France and Belgium have sometimes escalated into violent clashes with the police.
Persons: Dujo, Inti Landauro, Sharon Singleton Organizations: EU, European Union, TVE Locations: MADRID, Spain, Seville, Granada, Girona, France, Belgium, Italy, Portugal, America, EU Europe
The announcement will kick off months of talks that could take up to a year before the European Parliament rubber stamps the target. The European Greens — a faction of environmentally conscious lawmakers from several countries — are expecting big losses in the vote, after making sweeping gains in the 2019 election. “We’re looking at a European Parliament that is more in favor of regulatory freedom for member states,” Dufour said. The Greens had been successful in achieving a strong climate agenda through the EU parliament, he added. She said new conservative or even far-right lawmakers may also back some ambitious climate policies because so many make sense in terms of economics and security, as well.
Persons: , Wopke Hoekstra, Andreas Solaro, Manon Dufour, ” Dufour, Dufour, Bas Eickhout, , Eickhout, Olivier Chassignole, ” Eickhout, I’m, Linda Kalcher, Kalcher Organizations: CNN, European Commission, EU, Parliament, European Greens —, Getty, Conservative, European People’s Party, EPP, Deal, European Greens, Greens, European Greens Party, , Green Locations: Lugo , Italy, AFP, Brussels, Bas, Dutch, Lyon, France, Brussel, Ukraine
The fact is that gas cars aren’t being weaponized on most of the continent the way they are in America. I’m all in favor of the commendable end to gas cars that Europe has now embraced – a decade or more hence. Of course, that’s only one corner of what’s happened to Paris traffic under the Hidalgo regime. The same toxic, planet-warming emissions are being generated, especially with all that idling in place in endless traffic jams. Perhaps a couple of decades from now when all those gas guzzling cars will be gone entirely?
Persons: David A, That’s, , Giuseppe Sala, hasn’t, van, Laurent Nunez, , King Louis XVI, Marie Antoinette, Anne Hidalgo, Hidalgo, Joe Biden, Eric Adams Organizations: CNN, French Legion of, The New York Times, CBS News, European Union, Sunday, , Concorde, Olympic, Seine, Maison de Radio, Notre Dame, US Locations: Europe, Asia, Paris, America, Milan, Italy’s, Swedish, Stockholm, Vienna, Pontevedra, Spain, , dribs, Hidalgo, , Seine, Taxis, New York
People hold a banner and Ukrainian flags during a rally to mark the one-year anniversary of Russia's invasion of Ukraine on February 24, 2023 in Belgrade, Serbia. As part of the Western Balkans block waiting for EU-membership, Serbia is caught in a geostrategic rivalry between its Western allies and Russia. Davos, SWITZERLAND — As spiking geopolitical tensions thrust the European Union into the spotlight, attention has turned to the strategically important Western Balkans. The Western Balkans, comprised of Albania, Bosnia and Herzegovina, North Macedonia, Montenegro, Kosovo and Serbia, represent a notable gap in the map of EU membership in southeastern Europe. "I see the European Union more ready for the Balkans than the Balkans for the European Union," Miroslav Lajčák, EU Special Representative for the Belgrade-Pristina Dialogue and Western Balkans, told CNBC last month.
Persons: , Miroslav Lajčák, Lajčák Organizations: EU, Union, European Union, Belgrade, Pristina, CNBC Locations: Ukraine, Belgrade, Serbia, Balkans, Russia, Davos, SWITZERLAND, Albania, Bosnia, Herzegovina, North Macedonia, Montenegro, Kosovo, Europe, Yugoslavia, European, Western Balkans
Read previewApple is about to find out what developers really make of its App Store shake-up . The iPhone maker has started to offer 30-minute online consultations to any app maker seeking to give feedback on a raft of controversial changes made to its App Store last month . To address lawmakers' concerns, Apple set about allowing third-party app stores onto iOS. AdvertisementFor one, it can expect to hear strong thoughts about rules dictating which third-party app stores will be allowed onto its operating systems. That said, it's still open to talk about topics including alternative distribution on iOS, alternative payments in the App Store, and more.
Persons: , Tim Sweeney, Daniel Ek, Don Emmert, Sarah Bond, Apple, Sweeney, It's, Zach Meyers, it's Organizations: Service, Union's, Business, Apple, EU, Epic, iOS, Getty, Center, European Locations: Cupertino , London, Singapore, AFP, @Zach_CER
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussia's frozen assets could finally have a role in funding Ukraine, used as collateral in a new debt scheme under Western consideration, sources told the Financial Times. "Of course, the Russian Federation will challenge such decisions, we will protect our interests and our assets illegally seized," spokesman Dmitry Peskov said. Meanwhile, US brinkmanship is keeping Washington sidelined, with further Ukraine funding unlikely ahead of the electionSome, such as former Treasury Secretary Larry Summers, have called to transfer Russia's reserves directly to Ukraine. The German government has instead supported seizing the returns generated by the assets, but leave the underlying reserves untouched.
Persons: , Dmitry Peskov, it's, Larry Summers Organizations: Service, Financial Times, Business, Russian Federation, Western, European Union, EU Locations: Ukraine, Moscow, Russia, Russian, Belgian, Washington
As part of the Western Balkans block waiting for EU-membership, Serbia is caught in a geostrategic rivalry between its Western allies and Russia. Russia's full-scale invasion of Ukraine brought fresh political momentum to the European Union and its plans for enlargement in the Western Balkans. "I see the European Union more ready for the Balkans than the Balkans for the European Union," Miroslav Lajčák, EU Special Representative for the Belgrade-Pristina Dialogue and Western Balkans, told CNBC last month. Within days of Russia's invasion, Ukraine, neighboring Moldova and, soon after, nearby Georgia applied for EU candidate status — which they were granted in quick succession. "Now, it's very clear that the European Union is serious."
Persons: Russia's, , Miroslav Lajčák, Lajčák, — Karen Gilchrist Organizations: EU, European Union, Belgrade, Pristina, CNBC, European Locations: Ukraine, Belgrade, Serbia, Balkans, Russia, Western Balkans, European, Albania, Bosnia, Herzegovina, North Macedonia, Montenegro, Kosovo, Europe, Yugoslavia, Moldova, Georgia, European Union
In the past week, Kosovo police searched the premises of Serbia-administered institutions and of an ethnic Serb non-governmental organization, confiscating papers and computers believed to hold documentation contrary to the country’s laws. Most of Kosovo uses the euro, even though the country isn’t part of the EU. “The EU urges Kosovo to avoid unilateral actions that could raise tensions, and to address these issues through the EU-facilitated dialogue,” the EU statement said. Serbian forces fought a 1998-99 war with ethnic Albanian separatists in what was then the province of Kosovo. About 13,000 people, mostly ethnic Albanians, died until a 78-day NATO bombing campaign pushed Serbian forces away.
Persons: Jeffrey Hovenier, , Besnik Bislimi, Aleksandar Vučić, Albin Kurti, Josep Borrell Organizations: European Union, Kosovo, Police, Ambassador, EU, Serbian, Kosovo police, NATO, Belgrade doesn’t Locations: PRISTINA, Kosovo, United States, Serbia, Serbian, Belgrade, Kosovo’s, Serbs, Kosovo Serb, EU, Hovenier
“China is one of the fastest-aging countries in the world and is one of the most important countries in the area of Alzheimer’s disease for Eisai,” a company spokesperson said. “The potential growth for Leqembi in China is huge.”Eli Lilly, which is developing a similar treatment called donanemab, told Reuters it has filed for approval in China. The Indianapolis-based company is now testing its drug in a 1,500-person trial with volunteers in China, Taiwan, South Korea and the EU, a spokesperson said. Leqembi, which works by removing a toxic protein called beta amyloid from the brain, is the first Alzheimer's treatment proven to alter the course of the fatal, brain-wasting disease. Once on treatment, suitable patients undergo a series of MRI scans to monitor for potentially fatal swelling and bleeding in the brain.
Persons: Julie Steenhuysen, Andrew Silver CHICAGO, ” Eli Lilly, Biogen, Liu Zhou, Eisai, , Hidemaru Yamaguchi, Soeren Mattke, Mattke, Andrew Silver, Caroline Humer, Bill Berkrot Organizations: Reuters, EU, Leqembi, Guangdong Medical University, ” Citi, Psychiatry, Siemens Healthineers, University of Southern, University of Southern California Brain Health Locations: SHANGHAI, China, , Leqembi, The Indianapolis, Taiwan, South Korea, Eisai, United States, Japan, Europe, U.S, University of Southern California, Chicago, Shanghai
By Julia PayneBRUSSELS (Reuters) - The European Commission will not add any new import bans in its next package of sanctions on Russia, EU diplomats said, as a 13th package proposal takes its final shape. Despite calls from some EU countries to ban more Russian exports like aluminium, the Commission will propose a package it hopes will cause minimal debate among member states so it is passed quickly. The sources added that once the 13th sanctions package is passed, the Commission will quickly propose a 14th set of measures which could include some new import bans. The EU has already banned many big ticket items such as sea-borne Russian oil imports and, most recently, diamonds. The EU will also soon adopt a first-step law to set aside windfall revenues from Russia's 300 billion euros of immobilised assets, mostly held in Europe.
Persons: Julia Payne BRUSSELS, Julia Payne, Andrew Cawthorne Organizations: European Commission, European Union, EU, Russian Locations: Russia, Ukraine, Brussels, Europe, EU
A string of countries, including the United States, Britain and Italy, have paused funding to the aid agency, which has opened an investigation into several of its thousands of employees and severed ties with those people. "Defunding UNRWA would be both disproportionate and dangerous," EU foreign policy chief Josep Borrell wrote in a blog post. Borrell said neither the European Commission, nor the EU's two biggest economies, Germany or France, had decided to end their contributions. In 2022, the EU was the third biggest donor to UNRWA, after the United States and Germany. "The lives of hundreds of thousands of Palestinians, not only in Gaza, are at stake," Borrell said.
Persons: Kate Abnett BRUSSELS, Josep Borrell, Borrell, Kate Abnett, Andrew Gray, Sharon Singleton Organizations: UNRWA, European Commission, West Bank, UN Locations: Israel, United States, Britain, Italy, Gaza, EU, Germany, France
Over five decades later, Randy Allen and Cindy Harding Nannarelli from the US are both living in Italy with their husbands. In fact, the two couples’ homes in Noto, Sicily are located just a short distance from each other. “There was a long period where we lost touch,” says Randy, explaining that he moved around a lot during that time. Randy AllenAs Steve had never been to Italy before, they traveled there soon after, and Randy was able to introduce his new husband to Cindy and Sandro. Randy, Steve and Cindy have all found life in Italy to be more affordable than in the US.
Persons: CNN —, Randy Allen, Cindy Harding Nannarelli, ” Randy, Randy, Cindy, Randy Allen “, , , Sandro, Italy “, Steve Bertiz, Steve, Mimi, Lola, Donald Trump, Steve “, Florence –, they’d, grandmother’s, wouldn’t, , ’ ” Randy, Luigi, they’ve, Giorgia Meloni, , Fried, ” Cindy, Sandro wasn’t, “ Noto, “ We’re, you’re Organizations: CNN, CNN Travel, Social Security Locations: California, Italy, Noto, Sicily, Europe, Italian, Florence, Germany, Mexico, Portugal, , San Francisco, Noto , Sicily, Noto . “, American, Greece, America
In Syria, the strikes killed 23 people who had been guarding the targeted locations, said Rami Abdulrahman, director of the Syrian Observatory for Human Rights, an organization that reports on war in Syria. The White House said the United States had informed Iraq ahead of strikes. Baghdad later accused the United States of deception, saying a U.S. claim of coordination with the Iraqi authorities was "unfounded". The Syrian foreign ministry said the United States was fueling conflict in the region in a "very dangerous way". Britain called the United States its "steadfast" ally and said it supports Washington's right to respond to attacks.
Persons: Joe Biden, Andrew Caballero, Reynolds, Joe Biden's, Nasser Kanaani, Rami Abdulrahman, Douglas, Sims, Chip Somodevilla, General Douglas Sims, Biden, Lloyd Austin, Austin, Ebrahim Raisi, Radek Sikorski Organizations: Air Force, Joint Base Andrews, AFP, Getty, United, Revolutionary Guard, U.S, Syrian, Human Rights, Chiefs, Capitol Visitors Center, Joint Staff, Pentagon, U.S . Defense Locations: Maryland, United States, Iraq, Syria, U.S, Iran, Israel, Gen, Washington ,, Tehran, Lebanon, Yemen, Iraqi, Baghdad, Washington, Britain, Polish, Brussels
LONDON (AP) — Sinn Fein Vice President Michelle O'Neill is poised to make history Saturday by becoming the first Irish nationalist leader of Northern Ireland as the government returned to work after a two-year boycott by unionists. Northern Ireland was established as a unionist, Protestant-majority part of the U.K. in 1921, following independence for the Republic of Ireland. The return to government came exactly two years after a DUP boycott over a dispute about trade restrictions for goods coming into Northern Ireland from Great Britain. Northern Ireland’s 1.9 million people were left without a functioning administration as the cost of living soared and public services were strained. The new changes included legislation “affirming Northern Ireland’s constitutional status” as part of the U.K. and gives local politicians “democratic oversight” of any future EU laws that might apply to Northern Ireland.
Persons: Sinn, Michelle O'Neill, O'Neill, Brexit, ” O’Neill, Sinn Fein Organizations: Irish, Republic of Ireland, Democratic Unionist Party, DUP, Northern Ireland Assembly, Stormont Assembly, Irish Republican Army, Windsor Locations: Northern Ireland, Northern, Ireland, Republic of, Government, Stormont, Great Britain . Northern, Belfast
Paying state salaries and pensions - this means compensation for teachers, doctors, nurses, civil servants and other public-sector employees. Ensuring smooth power and water supplies, and keeping other public services running. Bohdan Yeremenko, a Ukrainian lawmaker and former diplomat, told Ukrainian media on Thursday that he expected the government to use some of the funds to ease downward pressure on the hryvnia, saying it was important for macroeconomic stability. Safety net for foreign investments in Ukraine. Yevheniia Kravchuk, another deputy from Zelenskyy’s Servant of the People party, told the German broadcaster Deutsche Welle Friday that Kyiv will use some of the aid to provide insurance and stable financing for foreign investments, including plants that produce arms and ammunition.
Persons: Bohdan Yeremenko, Yevheniia Kravchuk Organizations: People, Deutsche Welle Locations: Ukrainian, Ukraine, German
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