European Union

EU Leaders Unveil Bold Measures: Frozen Russian Assets to Fund Ukrainian Aid

European leaders have unveiled a series of decisive measures aimed at bolstering support for Ukraine and strengthening the European Union's defense capabilities, following a high-stakes meeting chaired by European Council President Charles Michel and European Commission President Ursula von der Leyen.

EU leaders agree to open membership talks with Bosnia

EU leaders on Thursday agreed to open talks with Bosnia on joining the bloc, though negotiations will only begin in earnest once the Balkan country has passed more key reforms.

"Congratulations! Your place is in our European family. Today's decision is a key step forward on your EU path," European Council head Charles Michel wrote on X, as leaders met at a Brussels summit.

Cyprus to offer boost for SMEs

The commissioner for state aid control in Cyprus, Stella Michaelides, announced her decision on Wednesday regarding a scheme aimed at supporting small and medium-sized enterprises titled "Circular Economy Project in Small and Medium-Sized Enterprises (SMEs)."

Greece approves purchase of seven firefighting planes from Canada

Greece on Thursday approved the purchase of seven firefighting aircraft from Canada to bolster its defences against wildfires, which have ravaged the country in recent years.

The deal passed by Parliament is to buy seven DHC-515 aircraft from the Canadian Commercial Corp for 361 million euros ($392 million).

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