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EU unveils five joint weapons programs in push to build defense industry muscle

EU unveils five joint weapons programs in push to build defense industry muscle EU unveils five joint weapons programs in push to build defense industry muscle
The European Commission has proposed five large-scale joint defence initiatives aimed at accelerating Europe’s ability to design and produce...
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Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap
  The European Commission has unveiled a detailed financial framework outlining how Montenegro would be integrated into the EU budget...
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European Commission clears €1 billion capital boost for Romania's investment and development bank

European Commission clears €1 billion capital boost for Romania's investment and development bank European Commission clears €1 billion capital boost for Romania's investment and development bank
The European Commission has approved Romania's plans to strengthen its national investment and development bank, Banca de Investiții și Dezvoltare...
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Seven detained in terror probe over Liège synagogue blast

Seven detained in terror probe over Liège synagogue blast Seven detained in terror probe over Liège synagogue blast
  Belgian authorities have arrested seven people following a series of house searches linked to the investigation into the explosion that...
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EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference
  The European Union announced a major package of financial support for Ukraine's defence, recovery and reconstruction at the Ukraine Recovery...
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EU residential building construction prices up 48% since 2015

EU residential building construction prices up 48% since 2015 EU residential building construction prices up 48% since 2015


The cost of constructing new residential buildings across the European Union has increased by 48.2% since 2015, according to data...
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EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism
  The European Commission has unveiled a sweeping package of reforms aimed at strengthening the European Union's ability to combat organised...
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EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery
  The European Union has approved a fresh €846 million payment to Spain to help finance reconstruction efforts following the catastrophic...
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EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas
  Energy consumption in the European Union’s services sector rose modestly in 2024, reaching 4,971 petajoules (PJ), according to recent...
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Latest News

EU unveils five joint weapons programs in push to build defense industry muscle

EU unveils five joint weapons programs in push to build defense industry muscle EU unveils five joint weapons programs in push to build defense industry muscle
The European Commission has proposed five large-scale joint defence initiatives aimed at accelerating Europe’s ability to design and produce...
Read More...

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap
  The European Commission has unveiled a detailed financial framework outlining how Montenegro would be integrated into the EU budget...
Read More...

European Commission clears €1 billion capital boost for Romania's investment and development bank

European Commission clears €1 billion capital boost for Romania's investment and development bank European Commission clears €1 billion capital boost for Romania's investment and development bank
The European Commission has approved Romania's plans to strengthen its national investment and development bank, Banca de Investiții și Dezvoltare...
Read More...

Seven detained in terror probe over Liège synagogue blast

Seven detained in terror probe over Liège synagogue blast Seven detained in terror probe over Liège synagogue blast
  Belgian authorities have arrested seven people following a series of house searches linked to the investigation into the explosion that...
Read More...

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference
  The European Union announced a major package of financial support for Ukraine's defence, recovery and reconstruction at the Ukraine Recovery...
Read More...

EU residential building construction prices up 48% since 2015

EU residential building construction prices up 48% since 2015 EU residential building construction prices up 48% since 2015


The cost of constructing new residential buildings across the European Union has increased by 48.2% since 2015, according to data...
Read More...

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism
  The European Commission has unveiled a sweeping package of reforms aimed at strengthening the European Union's ability to combat organised...
Read More...

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery
  The European Union has approved a fresh €846 million payment to Spain to help finance reconstruction efforts following the catastrophic...
Read More...

EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas
  Energy consumption in the European Union’s services sector rose modestly in 2024, reaching 4,971 petajoules (PJ), according to recent...
Read More...

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Thank you very much Mr President, dear Volodymyr,

Thank you for your words and thank you for welcoming me for the second time now here in Kyiv. I am deeply touched and humbled by the strength and the resilience of the Ukrainian people. Two months after my first visit, we see that the brutal fighting continues in the east and in the south. But I must say that it is impressive to see how strong strongly and courageously the Ukrainians are defending their country in these very difficult conditions. And, dear Volodymyr, we are mourning with you, we share the tears with you about the loss of lives. But I also see, here in Kyiv, that life is springing back. I see that people are clearing the rubbles, you are building again the bridges, people are returning from abroad, they are coming back to the city – and this is a good sign.

Today, indeed, I am here to have a working session with you. There were many topics where we took stock of where we stand. First, I want to report on our joint work on the reconstruction. Together, we are working on a reconstruction platform. It is amazing to see that there is an enormous will outside Ukraine to support the reconstruction – be it the Member States, be it other friends and partners of Ukraine, but also the international financial institutions. And of course, the business community is very interested in supporting Ukraine for the reconstruction. What we want to do together with that platform is to create a common direction of travel, have a very clear roadmap on how to deliver and how to orchestrate this reconstruction, with full transparency, full accountability, to help Ukraine rise from the ashes. This should be a process that is fully owned by Ukraine, of course. We have a long track record of experience how to manage those situations, and mainly how to manage the investment with reforms. We share the same objectives: We want to channel the investments and deliver reforms so that we improve the lives of Ukrainians; we rebuild Ukraine; we make Ukraine attractive for investors, a conducive environment for the business sector; and, of course, support Ukraine in pursuing its European path. This is so important to have the combination of reform and investment.

Of course, Ukraine was already on a good track before the horrible and atrocious invasion by Russia. Ukraine is a solid, well-grounded parliamentary presidential democracy. It has robust and well-anchored institutions, a functioning administration at all levels. I think that it pays off now that you did the reform on decentralisation. We see it on a daily basis in the work with the Commission that, at all levels, the administration is functioning, despite the war. So there is a resilient administration that is fully capable to function for the country, under incredible circumstances. We see a country that is highly digitised. I told you already my high respect for the level of digitalisation you have. It helps during this war. It is a country where we have already the Association Agreement, the Deep and Comprehensive Free Trade Agreement. And we know that, as you have said, more needs to be done.

Do get me right, Ukraine is at war. So your focus, and our support, is in overcoming this atrocious and horrible war. But we want to look further. And, with the reconstruction, we also want to look forward what needs to be done next. For example, you have done a lot in strengthening the rule of law, but there still needs to be reforms implemented, to fight corruption for example, or to modernise the administration, which will also help attract investors. Again, the institutions are in place, the reform programme that you have undergone in the last years pays off now. Now, we need results. And we have been discussing all these different topics in our working session.

As you know, the Commission is currently preparing the recommendations – its so-called opinion – for the EU Member States. We have been working day and night on this assessment. And I promised you in April, dear Volodymyr, that we will be working tirelessly on it. So the discussions today will enable us to finalise our assessment by the end of next week. The path is known, it is a merit-based path forward. It is a path where, I must say, I really appreciate the enormous efforts and the determination of Ukraine in this process. The people of Ukraine have proven incredible strength, motivation and stamina. So I am deeply convinced that we will together, and you will overcome this horrible and atrocious war. We will and you will rebuild this beautiful country and modernise Ukraine. And I just want to say that we will be by your side. Photo by European Parliament from EU, Wikimedia commons.