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The European Peace Facility (EPF) was created in March 2021 as a funding instrument aimed at enhancing the EU's ability to prevent conflicts, build and preserve peace, and strengthen international security and stability. The EPF rests on two pillars. The first is to fund EU military operations and missions under the common foreign and security policy. The second is to provide assistance to countries in the EU's eastern neighbourhood, the Middle East and Africa to strengthen security in their respective ...

Since the start of Russia's full-scale war of aggression against Ukraine in February 2022, the European Union has provided Ukraine with financial, military and humanitarian support on an unprecedented level. To date, the support to Ukraine from 'Team Europe' – comprising the EU and its Member States – amounts to €143 billion. This support includes macro-financial assistance, financial support through the Ukraine Facility, humanitarian aid and military assistance from Member States and through the ...

Following the United Kingdom's referendum on its European Union membership, in June 2016, and the UK's decision to leave the EU, a Trade and Cooperation Agreement (TCA) was signed between the EU and the UK, in 2020. The TCA, in force since 2021, provides the framework for relations between the EU and the UK. In 2025, the European Ϸվ will adopt – as it did in 2023 – a report on the implementation of the TCA, this time covering the period between January and December 2024. The report will follow ...

Cooperation between countries to manage shared fish stocks is an international obligation. This is a particular challenge for the EU, which shares many of the fish stocks it exploits with third countries. If a third country does not cooperate in the management of a shared stock and decides unilaterally on its fishing opportunities, there is a risk of overfishing. The EU has adopted Regulation 1026/2012 to take measures against third countries that do not cooperate in the management of shared fish ...

Ϸվ in EU external action

Briefing 01-04-2025

Based on its Treaties, the European Union (EU) has developed a multifaceted external action policy, and is seen as an important actor far beyond its borders. Through its institutions and Member States, the EU is active in international trade, humanitarian assistance, economic, financial, and technical and development cooperation, as well as through its common foreign and security policy (CFSP) and common security and defence policy (CSDP). Increasingly, the external dimension of internal EU policies ...

Ukraine is the second largest country on the European continent after Russia. Its oil, coal and gas reserves, as well as its geostrategic position, ensured its important role in energy trade, both during the Soviet Union and after its collapse. However, Russia's initial invasion of Ukraine (since 2014), followed by a full-scale war of aggression against the country, have had severe human and economic impacts. In the energy area, for example, Russia's strategy has been to weaponise (e.g. the occupation ...

The six countries that make up the region known as the Western Balkans differ in terms of size, population, economy, energy mix and energy import dependency. At the same time, they share common elements because of their geographical proximity, and – in some cases – common policies adopted in the past. An example is their ageing infrastructure dating back to the 1970s, which was damaged during the conflicts in former Yugoslavia. Another common element (except for Albania) is their reliance on solid ...

Greenland, a self-governing territory within the Kingdom of Denmark, has a significant fishing industry, with seafood exports accounting for over 90 % of total exports. The EU and Greenland have established fisheries relations since Greenland left the European Economic Community in 1985. The relationship allows EU vessels to fish in Greenlandic waters in return for a financial contribution, and allows duty-free access for Greenlandic fishery products to the EU market. In addition, Greenland is by ...

Since the adoption of the Memorandum of Understanding on regulatory cooperation, the European Union and the United Kingdom have organised three meetings for dialogue and cooperation on financial services regulation. The meetings focus on macroeconomic developments, banking and anti-money laundering, capital markets, and digital and sustainable finance.

Greenland is a self-governing Arctic island within the Kingdom of Denmark, which strives for economic self-sufficiency and future independence. This representative democracy of 56 542 inhabitants will elect 31 members to Greenland's Ϸվ on 11 March 2025. These parliamentary elections are taking place against the fraught background of rising geopolitical tensions. In the context of a heating – literally and figuratively – Arctic, Greenland is a focus of geopolitical competition and growing ...