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President Recep Tayyip Erdogan announced that Türkiye's economy grew by 3.7% year-on-year in the third quarter, maintaining growth for 21 consecutive quarters. Presidents Erdogan and Macron held a phone conversation focused on the war in Ukraine, with the Turkish leader reiterating Ankara's readiness to revive the Istanbul peace process. They also discussed bilateral ties and other regional flashpoints.Foreign Minister Hakan Fidan will participate in a NATO Foreign Ministers' meeting in Brussels, holding sideline talks with key allies and the Secretary-General. The agenda includes Ukraine, regional security, and preparations for the 2026 NATO Summit in Ankara. Türkiye's low-cost carrier AJet has inaugurated a new daily flight route connecting Istanbul and Beirut. The inaugural flight was met with a ceremony in the Lebanese capital, marking an expansion of the airline's Middle Eastern network to boost tourism and trade.Foreign Minister Hakan Fidan has urged the European Union to demonstrate renewed political commitment to Türkiye's membership bid, stating that President Erdogan has clearly expressed Ankara's desire to join the bloc. During his Berlin visit, Fidan also addressed Ukraine peace efforts, noting both Russia and Ukraine appear more prepared for negotiations. The minister emphasized that technical obstacles to Türkiye's EU accession stem from political positions rather than objective criteria.

President Recep Tayyip Erdogan announced that Türkiye's economy grew by 3.7% year-on-year in the third quarter, maintaining growth for 21 consecutive quarters. Presidents Erdogan and Macron held a phone conversation focused on the war in Ukraine, with the Turkish leader reiterating Ankara's readiness to revive the Istanbul peace process. They also discussed bilateral ties and other regional flashpoints.Foreign Minister Hakan Fidan will participate in a NATO Foreign Ministers' meeting in Brussels, holding sideline talks with key allies and the Secretary-General. The agenda includes Ukraine, regional security, and preparations for the 2026 NATO Summit in Ankara. Türkiye's low-cost carrier AJet has inaugurated a new daily flight route connecting Istanbul and Beirut. The inaugural flight was met with a ceremony in the Lebanese capital, marking an expansion of the airline's Middle Eastern network to boost tourism and trade.Foreign Minister Hakan Fidan has urged the European Union to demonstrate renewed political commitment to Türkiye's membership bid, stating that President Erdogan has clearly expressed Ankara's desire to join the bloc. During his Berlin visit, Fidan also addressed Ukraine peace efforts, noting both Russia and Ukraine appear more prepared for negotiations. The minister emphasized that technical obstacles to Türkiye's EU accession stem from political positions rather than objective criteria.

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EU to disburse 1st €3B of macro-financial aid to Ukraine

12:45, 16/01/2023, Monday

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EU to disburse 1st €3B of macro-financial aid to Ukraine

European Commission President Ursula Von der Leyen

Helping Ukraine meet financing needs to face Russia is 'crucial and urgent,' says EU chief

The first €3 billion (about $3.25 billion) tranche of a €18 billion macro-financial aid package that the EU earmarked for Ukraine last month will be disbursed on Tuesday, the bloc announced.

"Helping Ukraine meet its financing needs to face the Russian aggression is both crucial and urgent," European Commission President Ursula Von der Leyen said Monday on Twitter.

"The Commission is acting with utmost speed and determination," Von der Leyen said, adding that the first €3 billion of the promised funds would be disbursed on Tuesday.

On Dec. 10, 2022, the European Council adopted the assistance package, aiming to enable the EU to financially help Ukraine in 2023 with €18 billion. The decision was later approved by the European Parliament on Dec. 14.

In line with a proposal by the European Commission, the money will be used to support essential public services, including hospitals and schools, and provide housing for relocated people, as well as the restoration of critical infrastructure destroyed by Russia, the European Parliament said.

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Titles :Ukraine EU Ursula von der Leyen

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