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Free AccessGermany's Scholz-'Need To Prevent Spillover Of Israel-Hamas War'
Speaking at the European Council summit in Brussels, Germany Chancellor Olaf Scholz states that the summit, "Will be about making clear we support Israel defending itself". Scholz: "We will also work towards humanitarian support for Gaza populations which are also victims of Hamas." Warns that "We need to do everything we can to avoid spillover of the conflict."
- The stance of major EU nations such as Germany and France are likely to prove important in reaching a consensus within EUCO on how to approach the Israel-Hamas war. The initial announcement of a halting of aid to Palestinian organisations by the Commission was swiftly rowed back, while Commission President Ursula von der Leyen has also come in for criticism from some for supposedly offering zealous backing for Israel without consulting member states.
- On the other side, some EU members, most notably Spain, have been criticised for calling for an immediate ceasefire. Israel has warned that such a move would be exploited by Hamas to recover and build up its arsenal and forces following a lengthy aerial bombardment by the IDF.
- Earlier today, wires reported that the draft conclusions had the EUCO calling for 'pauses' in the fighting in order to allow humanitarian aid into Gaza. It remains to be seen whether these comments reach the final document.
To read the full story
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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.