Berliner Boersenzeitung - EU strives to keep focus on Ukraine amid Middle East turmoil

EUR -
AED 4.074172
AFN 72.108987
ALL 90.824441
AMD 405.33465
ANG 1.98554
AOA 1018.404891
ARS 1713.409223
AUD 1.620889
AWG 1.996872
AZN 1.887436
BAM 1.956353
BBD 2.260039
BDT 139.899538
BGN 1.938997
BHD 0.423314
BIF 3356.748678
BMD 1.109374
BND 1.434505
BOB 13.308421
BRL 6.195071
BSD 1.122102
BTN 105.454803
BWP 15.394143
BYN 3.35975
BYR 21743.721171
BZD 2.256738
CAD 1.580719
CDF 2568.199705
CHF 0.923515
CLF 0.027733
CLP 1091.501218
CNY 7.399909
CNH 7.401707
COP 3639.854549
CRC 507.536577
CUC 1.109374
CUP 26.930611
CVE 110.301642
CZK 24.379485
DJF 199.816472
DKK 7.475353
DOP 68.058314
DZD 151.77448
EGP 59.4034
ERN 16.640603
ETB 182.631746
FJD 2.515671
FKP 0.832791
GBP 0.835663
GEL 2.892377
GGP 0.832791
GHS 13.139714
GIP 0.832791
GMD 82.093697
GNF 9940.85427
GTQ 8.574849
GYD 235.138112
HKD 8.702808
HNL 30.162117
HRK 7.509361
HTG 147.082231
HUF 364.894935
IDR 20156.207651
ILS 3.522094
IMP 0.832791
INR 103.94059
IQD 1701.17279
IRR 2114549.149658
ISK 136.597482
JEP 0.832791
JMD 178.087923
JOD 0.78658
JPY 177.144299
KES 144.130193
KGS 97.014271
KHR 4576.313975
KMF 490.343131
KPW 998.436133
KRW 1478.340206
KWD 0.345426
KYD 0.935064
KZT 500.971584
LAK 25257.138127
LBP 100483.898578
LKR 372.915393
LRD 190.753911
LSL 18.395899
LTL 3.275692
LVL 0.671049
LYD 7.193033
MAD 10.946336
MDL 20.163699
MGA 5077.366304
MKD 61.550467
MMK 2329.402127
MNT 3997.576444
MOP 9.066953
MRU 45.265181
MUR 52.32903
MVR 17.080834
MWK 1945.723588
MXN 20.651399
MYR 4.518033
MZN 70.880462
NAD 18.395899
NGN 1493.837622
NIO 41.29167
NOK 10.603658
NPR 168.725404
NZD 1.994826
OMR 0.426558
PAB 1.122173
PEN 3.824181
PGK 5.039356
PHP 70.265494
PKR 308.094307
PLN 4.410924
PYG 6926.957684
QAR 4.090559
RON 5.345628
RSD 117.60914
RUB 92.160393
RWF 1660.146741
SAR 4.170261
SBD 8.975661
SCR 15.494376
SDG 667.286472
SEK 11.058862
SGD 1.424974
SHP 0.831272
SLE 25.38689
SLL 23263.013098
SOS 641.272565
SRD 41.763467
STD 22961.792237
STN 24.506595
SVC 9.818775
SYP 14424.074276
SZL 18.400952
THB 37.463662
TJS 10.312672
TMT 3.882807
TND 3.344411
TOP 2.671105
TRY 55.752455
TTD 7.610151
TWD 36.473095
TZS 2952.468979
UAH 51.035934
UGX 4578.520965
USD 1.109374
UYU 45.405083
UZS 13436.797483
VES 998.98033
VND 28460.423204
VUV 132.922017
WST 3.09189
XAF 655.957
XAG 0.02165
XAU 0.000279164582
XCD 2.998137
XCG 2.022381
XDR 0.784385
XOF 655.957
XPF 119.331742
YER 262.330436
ZAR 18.422197
ZMK 9985.701079
ZMW 22.862461
ZWL 357.217824
SSP 6373.791908
MXV 2.320385
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

EU strives to keep focus on Ukraine amid Middle East turmoil
EU strives to keep focus on Ukraine amid Middle East turmoil / Photo: Ludovic MARIN - AFP

EU strives to keep focus on Ukraine amid Middle East turmoil

EU leaders meeting in Brussels Friday discussed bolstering support for Ukraine, as they strived to focus on helping that country against Russia's invasion even as Middle East turmoil steals global attention.

Text size:

The discussion on Ukraine was taking place on the second day of the summit, after the first day was dominated by coming up with a unified European Union position on the Israel-Hamas war.

"It's really important that one of the outcomes of this meeting is that we don't lose focus on Ukraine because of all the other things that are happening in the world and not least in the Middle East," Irish Prime Minister Leo Varadkar said on arrival.

"It would be very easy to lose focus on the war in Ukraine and essential that we don't do that," he said.

After hours of wrangling, the leaders late Thursday issued a demand for "humanitarian corridors and pauses" so aid can get into Gaza and for access to trapped civilians there, including hundreds of EU passport holders.

While all EU countries strongly condemn the October 7 attack by Hamas that triggered the latest, unprecedented conflict, divisions needed to be bridged between some member states that staunchly back Israel's military action and others urging protection for Palestinian civilians afforded under international law.

Israel has been bombarding the Palestinian territory since Hamas gunmen stormed across the border, killing 1,400 people, mostly civilians, and kidnapping more than 220 others, according to Israeli officials.

So far, Gaza's Hamas-run health ministry says the strikes have killed more than 7,000 people, mostly civilians and many of them children, raising growing calls for protection of innocent people caught in the conflict.

Discussion on Ukraine, which has been a top agenda item for EU summits since Russia invaded in February last year, was mostly pushed into Friday, even though Ukrainian President Volodymyr Zelensky called in during Thursday's session.

Zelensky said he supported the EU's efforts to try to prevent the Israel-Hamas confrontation spiralling into a wider Middle East conflagration, warning that "enemies of freedom are very interested in bringing the free world to the second front".

A Spanish proposal for a Middle East peace conference to take place "soon" was also backed by the EU leaders.

"We are all aware that this situation is extremely dangerous for the region and for the world, and that's why we are so active to try to avoid facing a regional escalation," European Council President Charles Michel said as he arrived Friday.

He said the most important point for the second day of the summit was Ukraine, with discussion on how "we develop more support for Ukraine and that we maintain and even we reinforce the pressure against Russia through our sanctions".

- EU budget -

A key EU measure is a plan, tentatively estimated at 20 billion euros ($21 billion) over four years, for a defence fund for Ukraine as part of broader Western security commitments.

Further financial support for Ukraine is backed by almost all 27 EU countries, with only Hungary and Slovakia baulking.

But that is wrapped up in much bigger negotiations over the bloc's next longterm budget, which is shaping up to be a major issue of contention for the next summit scheduled for December.

So-called "frugal" countries led by Germany are urging discipline on spending, recommending extra spending for Ukraine and other priorities such as migration come from reallocating existing funds.

"I think we are far from agreement," observed Estonian Prime Minister Kaja Kallas.

"The debate on this will still be a long one and the budget debates are always the most challenging," agreed Slovenian counterpart Robert Golob.

Paschal Donohoe, the chair of monthly informal eurozone finance ministerial meetings known as the Eurogroup, said as he arrived for Friday's summit: "Clearly the world is changing at the moment. Economies are beginning to change, they are beginning to slow down."

(Y.Yildiz--BBZ)