The EU Parliament Trade Committee supports a €35 billion loan to Ukraine, backed by frozen Russian assets, to address critical financing needs. The loan is part of the G7 initiative to provide Ukraine with up to €45 billion, with transparency measures in place to prevent fraud. MEPs underscore the EU’s commitment to Ukraine by making Russia accountable for its actions and supporting Ukraine’s sovereignty and economic stability.
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A roundup of the latest news on Wednesday
In Spain, incessant rain persists with the arrival of Storm Konrad, affecting several provinces with heavy rain, strong winds, and snow. Buying a home in Spain now requires a family's entire income for over 6 years, with prices exceeding net incomes. The Barcelona branch of Spain's Popular Party suggests banning burqas in schools and health centers, while Air France-KLM and Lufthansa compete to acquire a stake in Spain's Air Europa, offering significant investments and debt...
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