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France’s Biased Foreign Policy in South Caucasus: Implications and Consequences
The Global Banker Magazine The issue of bias in French foreign policy towards the South Caucasus region is not a new development. France’s involvement in the OSCE Minsk Group alongside the US and Russia since 1992 aimed to bring about a peaceful resolution to the Armenia-Azerbaijan conflict. However, over the years, France’s favoritism towards Armenia…
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The Far-Reaching Consequences of Imposing Sanctions on Russian Aluminium Imports
The Global Banker Magazine As the European Commission prepares its 12th sanctions package against Russia for its attack on Ukraine, it is vital to evaluate the potential consequences of each proposed measure. Among these is a ban on Russian imports of aluminium wire rod, foil, and extrusions. While the idea is still under discussion and…
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Kazakhstan: A Key Partner for Europe’s Critical Raw Materials
The Global Banker Magazine In a notable visit to Brussels for the European Commission’s Raw Materials Week, Kazakhstan’s Minister of Industry and Construction, Kanat Sharlapaev, shed light on his country’s impressive strides in meeting the EU’s critical raw materials requirements. As a reliable partner, Kazakhstan aims to expand its supply capabilities and further strengthen trade…
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European Commission Raises €8 Billion in EU-Bonds, Demonstrating Strong Investor Interest
The Global Banker Magazine The European Commission has successfully raised €8 billion in EU-Bonds through its 11th syndicated transaction for 2023. This milestone dual tranche transaction consisted of a new €5 billion, 5-year bond due on 5 December 2028 and a €3 billion tap of the NextGenerationEU Green Bond maturing on 4 February 2048. Investors…
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EU Allocates €110 Million in Humanitarian Aid to Support Ukraine and Moldova
The Global Banker Magazine As the war between Russia and Ukraine persists, the humanitarian situation in Ukraine remains dire, with vulnerable communities facing even greater challenges as the winter season approaches. In response to this urgent crisis, the European Commission has announced the allocation of €110 million in humanitarian aid. This funding aims to provide…
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European Commission Approves €396 Million in Funding for 171 New LIFE Programme Projects
The Global Banker Magazine The European Commission has recently given its approval for 171 new projects across Europe under the LIFE Programme for environment and climate action. With a total worth of over €396 million, these projects will encompass various areas, including nature and biodiversity, circular economy and quality of life, climate change mitigation and…
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