The European Council has decided to cancel the next EU-Russia Summit and impose visa ban and asset freeze on 12 more individuals overRussia’s annexation of Crimea from Ukraine, warning that any further steps by Russia to destabilise Ukraine would have “far-reaching consequences.”
The European Parliament and the Council have reached a provisional agreement on the proposed Single Resolution Mechanism (SRM) for the Banking Union that should stabilise financial system and facilitate taking measures towards banks in difficulties.
The European Union on March 21 signed the political provisions of the Association agreement with Ukraine in Brussels.
Head of the EU Delegation to Serbia Ambassador Michael Davenport signed the Memorandum of Understanding on the establishment of EU Info Point with the Mayor of Novi Sad Milos Vucevic.
Head of the EU Delegation to Serbia Michael Davenport signed in Novi Sad a Memorandum of Understanding on the establishment of EU Info Point in the capital of Vojvodina.
Greece economy is beginning to stabilise and is poised for a gradual resumption of growth, both authorities and staff teams from the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) agreed as they have concluded their review mission in the country.
The European Union welcomes commitment of several third countries to align themselves with the March 5 Council’s Decision that imposes the freezing of funds and economic resources of persons identified as responsible for the misappropriation of Ukrainian State funds and persons responsible for human rights violations in Ukraine.
President of the European Council Herman Van Rompuy and President of the European Commission José Manuel Barroso said Tuesday that the European Union “does not and will not recognise the annexation of Crimea and Sevastopol to the Russian Federation.”
Head of the EU Delegation to Serbia Michael Davenport said that the arrest of suspected narco boss Darko Saric is “very good and encouraging news” as well as a “sign that the government of Serbia seriously faces problems and challenges” in fight against organised crime.