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Global Gateway: What We Know And What It Means For Latin America And Caribbean – Analysis eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
If the EU wants to credibly offer a fair partnership distinct from Russia and China, it must restore trust, take priorities seriously, fund more effectively, and increase labor migration. ....
The European Union (EU)’s arsenal of development finance instruments comprises grants, budget support, blends of grants and loans, guarantees, and trust funds. But little attention has been paid to its macro-financial assistance (MFA) tool. Since the 1990s, it has been deployed to help countries in the EU neighbourhood that face balance-of-payment crises. Recently, a special MFA+ instrument of EUR18 billion was deployed in the form of highly concessional loans with long maturities to provide immediate finance assistance to Ukraine. ....
Today, the European Commission and the European Investment Bank (EIB) signed an ambitious Guarantee Agreement through which the European Commission will support up to €26.7 billion of EIB financial operations to enable crucial public investments in sectors like clean energy, digital and transport infrastructure, health and education over the next seven years, rolling out Global Gateway worldwide. ....