The European Union has allocated the first €10 million to support the work of a Special Tribunal on the crime of Russia’s aggression against Ukraine. EU Vice-President and High Representative for Foreign Affairs Kaja Kallas announced this decision on January 22, 2026, in a post on X. EU’s first financial contribution According to Kallas, the
Russia is trying to monetize a record volume of seized assets to support the state budget amid rising war expenditures caused by the war in Ukraine. However, these sales are running into a lack of buyers, Bloomberg reports. According to the agency, the Russian authorities expect to partially offset the budget deficit through the privatization
The World Economic Forum in Davos, held from January 19 to 23, this year stood out not only for economic discussions but also for an international diplomatic dispute over U.S. President Donald Trumpʼs initiatives concerning Greenland and the proposed “Peace Council.” European capitals’ disagreement with these proposals led to the postponement of the signing of