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Free AccessEuropean Council Calls For Creation Of Ukraine Solidarity Trust Fund
The spokesman for European Council President shares the conclusions on Russian military aggression against Ukraine adopted at Thursday's summit of EU leaders:
- "Russia's war of aggression against Ukraine grossly violates international law and is causing massive loss of life and injury to civilians."
- "The European Union has has so far adopted significant sanctions that are having a massive impact on Russia and Belarus, and remains ready to close loopholes and and target actual and possible circumvention as well as to movequickly with further coordinated sanctions on Russia and Belarus to effectively thwart Russian abilities to continue the aggression."
- "The European Council [...] calls for work to be urgently completed on the recent Commission proposals to support Member States so as to ensure that EU funding for refugees and their hosts can be mobilised rapidly."
- "The European Union is committed to ensuring continuous and uninterrupted electricity and gas flows to Ukraine."
- "Bearing in mind the destruction and enormous losses brought upon Ukraine by Russia's military aggression, [...] the European Council agrees to develop a Ukraine Solidarity Trust Fund and invites all international partners to participate, and calls for preparations to start without delay."
- Click here to see the full conclusions.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.