On 19 July 19, inflation-linked government bonds worth 111 billion soums with a coupon payment equal to the “Consumer Price Index (CPI)+ 6%” with a maturity period of 2 years were sold for the first time at the regular electronic auctions of the Currency exchange of the Republic of Uzbekistan and the first benchmark for…
Month: July 2022
The next UK PM, and implications for the EU
The voting process by Conservative MPs to produce the two candidates to become the next UK Prime Minister has been completed. Ballot papers for ex-Chancellor Rishi Sunak and Foreign Secretary Liz Truss will be sent to Conservative party members in early August, and it is their verdict which will determine the winner. By early September…
Russia Blackmails Europe by Cutting Off Gas
Having declared force majeure on gas supplies, Russia turned to open blackmail of Europe, seeking to turn the energy crisis into a powerful weapon of influence on Western governments. The traditionally loyal, almost “friendly” to Russia Berlin fell under the main blow. The indicative effect of such an impact on Europe’s key economy and “almost friends and partners” should be the…
UN spotlight to be on Benin over imprisonment of political opponents
Due to the continued imprisonment of two prominent opposition leaders, the Brussels-based organisation Human Rights Without Frontiers (HRWF) has filed a report with the United Nations ‘Universal Periodic Review’ (UPR) for Benin, voicing concerns about human rights abuses in the country. The report focuses on the situation of two opposition figures Reckya Madougou and Joël…
EU and Azerbaijan enhance bilateral relations, including energy cooperation
Yesterday in Baku, Commission President Ursula von der Leyen and Commissioner for Energy Kadri Simson met with President Ilham Aliyev and Azeri Energy Minister Parviz Shahbazov to strengthen the existing cooperation between the EU and Azerbaijan. The two Presidents signed a new Memorandum of Understanding on a Strategic Partnership in the Field of Energy. Currently, the EU and Azerbaijan are…
European Commission’s Work Programme 2023
The European Commission should place greater focus on the long-term development of an EU able to better withstand geopolitical upheavals, counter their negative economic and social impacts and ensure that sustainable development guides its policies, the European Economic and Social Committee (EESC) has said in a resolution on the EU’s priorities for 2023. The resolution…
Kyriakides Meets Liashko, as EU Agrees Funding for Ukraine Health
As part of the Commission’s ongoing efforts to provide support in the area of health, Commissioner Kyriakides visited Ukraine to meet Minister of Health Viktor Liashko and pay a visit to a medical centre for children as well as a patient rehabilitation centre. The EU and Ukraine on Friday signed an agreement which will open access for…
Comic Strip Festival Returns to Brussels
After two years of modified editions due to the health situation, the Comic Strip Festival is finally back in its original form, from 9 to 11 September. This year, to mark its return, it’s changing its name to the BD Comic Strip Festival. And that’s not all, the festival is also moving to the sublime…
EESC July Plenary Debates Gender Equality
At its July plenary, the European Economic and Social Committee (EESC) debated the Commission’s draft directive to tackle gender-based violence and gender equality in presence of Cristina Fabre of the European Institute for Gender Equality. The Committee adopted two opinions with recommendations for making the legislation more effective in combatting such an issue of epidemic…
Accountability in an Era of Instant Messaging
The European Ombudsman inquiry into the Commission’s handling of a request for text messages between its President and the CEO of a pharmaceutical company is, she says, a wake-up call for all EU institutions about ensuring accountability in an era of instant messaging. One year after the initial request by a journalist, the Commission has…