DREAM / The Prime Minister resigns and wakes up under the Parisian bridge!

 Kliko këtu për të tjera
Voxpress:

The war in the Middle East is costing the EU 500 million euros a day

2026-04-29 17:37:55Kosova&Bota SHKRUAR NGA REDAKSIA VOX

The war in the Middle East is costing the EU 500 million euros a day

The European Commission has officially reacted to the economic shock caused by the conflict in the Middle East by launching a “Temporary Framework” for state aid. This mechanism, which will remain in force until the end of 2026, gives the green light to member state governments to intervene massively to protect industries and households from skyrocketing prices.

Shocking energy figures

During her speech at the plenary session of the European Parliament in Strasbourg, EC President Ursula von der Leyen presented a stark financial balance. In the first two months of the conflict alone, the fossil fuel import bill has increased by 27 billion euros.

"We are losing almost 500 million euros a day. The consequences of this conflict could be felt for months or even years. We must learn lessons: measures should be targeted only at the most vulnerable, so as not to burden public finances as in the last crisis," Von der Leyen declared.

Up to 70% aid for key sectors

The new framework allows member states to cover up to 70% of the additional costs related to energy, fuel and chemical fertilizers. The priority sectors that benefit are agriculture and fisheries; transport; and energy-intensive industries.

The EU has announced that there are currently still 95 billion euros available in the energy budget, which governments should use quickly to boost the electrification of industry and heating.

Security in the Strait of Hormuz and Iran

In addition to the energy crisis, Von der Leyen also addressed the geopolitical dimension of the war. She stressed that Europe's economic stability depends on freedom of navigation.

“Our goal is a permanent end to the war in Iran. This includes restoring full freedom of navigation without tariffs in the Strait of Hormuz. Any peace agreement must also address Tehran’s nuclear and ballistic missile programs.”

Support for Ukraine does not stop

Despite the new crisis in the Middle East, the EC President confirmed that assistance to Kiev remains an absolute priority. Within this quarter, the EU will disburse the first tranche of 45 billion euros from the total package of 90 billion.

A significant portion of this fund, around 6 billion euros, will go exclusively to the production of drones within Ukraine, sending a clear message that Europe is doubling its military support in the face of Russian aggression.

As for future challenges, the EC plans to present an Electrification Action Plan by the summer, which will also be vital for the rapid development of Artificial Intelligence and data centers across the continent.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×