Decision moves the accession process for the two countries beyond the legislative screening stage and into substantive negotiations aimed at aligning their laws and institutions with EU standards.
Ukraine is preparing a new phase of banking sector reforms that could see major state-owned lenders privatised and shares in the country's largest bank offered to investors.
Compromised politicians in Ukraine and Europe see the continuation of the war as a lifeline for their expiring careers.
Two thirds of Russians are no longer paying close attention to the war in Ukraine, according to the latest survey from the independent Levada Center, up from a third in March.
The ambassadors of France, Germany and the UK have requested a meeting with Russia’s foreign ministry following an E3 London summit at which the three European leaders issued a five-point list of demands to end the Ukraine war.
Who is going to pay for rebuilding Ukraine after the war is over? The cost of the rebuild is about €200bn but the EU has budgeted for €90bn. The private sector is supposed to come up with the rest, but the prospects of that happening are thin.
Bulgaria's new PM Rumen Radev has repeatedly questioned Western weapons deliveries to Ukraine and warned against long-term security commitments to Kyiv.
The E3 European leaders met in London over the weekend to thrash out a new formula to take to the Kremlin and end the war in Ukraine. Unfortunately, the document they produced takes us all the way back to the very beginning of the process.
Colombia has recorded 173 citizens dead and 670 missing in the Russia-Ukraine war, the most detailed official accounting yet of a conflict that has turned the South American country into one of the largest sources of foreign fighters.
Ukraine’s ability to keep the lights on through another wartime winter will depend as much on reform as reconstruction, according to a new report by the Kyiv School of Economics (KSE).
The leaders of Ukraine, the United Kingdom, France and Germany emerged from Downing Street on June 7 with a joint statement that lays down five conditions to underpin any sustainable settlement to Russia's war.
Russian strikes close to Romanian territory and Ukrainian counter-operations highlight the growing complexity of security challenges facing Romania as the war increasingly affects the wider Black Sea region.
“The Ukraine is under pressure and external financing remains critical,” said Odile Renaud-Basso, the President of the EBRD at the Ukraine session at the EBRD’s annual meeting on June 6.
EBRD president Odile Renaud-Basso says helping countries respond to conflict and economic crises are development bank's priority.
It was deliberately symbolic that the European Bank for Reconstruction and Development (EBRD) chose Riga for its 35th annual meeting. Latvia, one of the EBRD's earliest countries of operation is an example of the EBRD's successes.
Ukrainian President Volodymyr Zelenskiy pressed Nato allies to accelerate deliveries of Patriot missile interceptors, as Ukraine’s stocks start to run dangerously low, warning that funding alone will not solve growing shortages.
Bank warns higher energy costs are reigniting inflation, weakening industrial competitiveness and straining already fragile public finances
Ukraine hit St Petersburg oil terminals on the morning of June 3 just as Russia’s flagship St Petersburg International Economic Forum (SPIEF) kicks in a message designed to show that nowhere in Russia is safe from Ukraine’s long-range drones.
German businessmen are going to the St Petersburg International Economic Forum (SPIEF), Russia’s premier investment forum, in a public show of the fraying commitment to cutting off commercial ties under the sanctions regime.
Russia has collected RUB225bn ($3.1bn) in "voluntary contributions" from major businesses as of late May as the Ministry of Finance (MinFin) scrambles to raise more money for the increasingly pressured budget.