European Union
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The Financial Times reported that the European Union is ready to allocate $7.4 billion to Egypt by the end of 2027. European politicians are worried that the conflict in Gaza will put Egypt's economy in a difficult situation, and the conflicts in Sudan will cause a flow of refugees from the North African country across the Mediterranean to the EU countries.
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According to the calculations of the European Commission, one third of the population of the EU countries faces the problem of water shortage. In the future, the issue could lead to increased competition for water resources and conflicts within and between states over transboundary water resources, according to a classified document obtained by Politico.
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EU funding for the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) will continue and €50 million will be released next week. An investigation into Israel's claim that UNRWA officials aided Hamas on October 7 has been completed.
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Problems in relations with the "Global South" indicate the end of the era of Western domination in the world, said Josep Borrell, the chief diplomat of the EU. In his opinion, Russia will benefit from the reduction of the influence of the West, that is, the USA and the EU, in Africa, Asia and South America.
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The European Union agreed on an additional aid package for Ukraine in the amount of 50 billion euros from its budget. This aid package will be provided to Ukraine in 2024-2027.
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On January 1, the first Kosovars went to Europe without a visa.
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Azerbaijan has supplied a total of 31 billion cubic meters of gas in the past three years since it started selling gas to European countries.
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The EU agreed on the details of the next 12th package in the absence of the Austrian chancellor, the main opponent of sanctions against Russia.
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