Berliner Boersenzeitung - EU hikes military aid for Ukraine as NATO expansion faces roadblocks

EUR -
AED 4.090634
AFN 75.73214
ALL 98.952997
AMD 431.556558
ANG 2.007321
AOA 1042.98536
ARS 1078.636775
AUD 1.630475
AWG 2.00746
AZN 1.896131
BAM 1.947187
BBD 2.248853
BDT 133.101277
BGN 1.951999
BHD 0.419779
BIF 3225.301057
BMD 1.113709
BND 1.431468
BOB 7.695994
BRL 6.095437
BSD 1.113774
BTN 93.1552
BWP 14.578843
BYN 3.644978
BYR 21828.694998
BZD 2.24509
CAD 1.500645
CDF 3190.775801
CHF 0.946112
CLF 0.036789
CLP 1015.135062
CNY 7.831379
CNH 7.831423
COP 4675.350082
CRC 576.853685
CUC 1.113709
CUP 29.513287
CVE 110.635599
CZK 25.156428
DJF 197.928369
DKK 7.457507
DOP 67.268713
DZD 147.485423
EGP 54.068334
ERN 16.705634
ETB 133.728637
FJD 2.447765
FKP 0.848155
GBP 0.835633
GEL 3.034845
GGP 0.848155
GHS 17.652709
GIP 0.848155
GMD 76.292597
GNF 9603.512382
GTQ 8.609917
GYD 232.981586
HKD 8.669372
HNL 27.697739
HRK 7.572119
HTG 147.019714
HUF 395.433176
IDR 16904.096858
ILS 4.168473
IMP 0.848155
INR 93.122716
IQD 1458.958696
IRR 46878.789002
ISK 150.495371
JEP 0.848155
JMD 174.428481
JOD 0.789285
JPY 160.98555
KES 143.668504
KGS 93.767259
KHR 4538.363772
KMF 492.204
KPW 1002.337404
KRW 1487.141125
KWD 0.340105
KYD 0.928215
KZT 532.768284
LAK 24593.476168
LBP 99788.320119
LKR 335.087865
LRD 215.920326
LSL 19.311307
LTL 3.288493
LVL 0.673672
LYD 5.290147
MAD 10.772892
MDL 19.38569
MGA 5061.806935
MKD 61.319002
MMK 3617.283156
MNT 3784.382889
MOP 8.933267
MRU 44.23642
MUR 50.829976
MVR 17.10677
MWK 1933.398669
MXN 21.826689
MYR 4.600775
MZN 71.11018
NAD 19.311818
NGN 1843.901072
NIO 40.956685
NOK 11.772477
NPR 149.046748
NZD 1.775811
OMR 0.428734
PAB 1.113784
PEN 4.199775
PGK 4.362676
PHP 62.475747
PKR 309.444247
PLN 4.269072
PYG 8680.604618
QAR 4.054735
RON 4.97516
RSD 117.082021
RUB 103.016701
RWF 1484.574002
SAR 4.178678
SBD 9.254622
SCR 16.237574
SDG 669.893037
SEK 11.342786
SGD 1.435537
SHP 0.848155
SLE 25.445245
SLL 23353.913649
SOS 635.927757
SRD 33.917448
STD 23051.52625
SVC 9.74598
SYP 2798.227023
SZL 19.311682
THB 36.428861
TJS 11.856411
TMT 3.897981
TND 3.405168
TOP 2.608419
TRY 38.050422
TTD 7.578547
TWD 35.598037
TZS 3029.288195
UAH 45.928166
UGX 4112.808542
USD 1.113709
UYU 46.91292
UZS 14216.494154
VEF 4034469.101433
VES 40.944898
VND 27391.671096
VUV 132.221761
WST 3.115559
XAF 653.074236
XAG 0.035
XAU 0.000419
XCD 3.009854
XDR 0.823956
XOF 656.524309
XPF 119.331742
YER 278.770236
ZAR 19.227079
ZMK 10024.720301
ZMW 29.543458
ZWL 358.613821
  • CMSC

    -0.0100

    25.09

    -0.04%

  • BCC

    -3.7100

    138.07

    -2.69%

  • CMSD

    -0.0550

    25.065

    -0.22%

  • NGG

    -0.0100

    70.1

    -0.01%

  • GSK

    -0.4200

    40.56

    -1.04%

  • SCS

    -0.2400

    12.88

    -1.86%

  • RBGPF

    -0.6200

    59.48

    -1.04%

  • RIO

    0.2500

    67.67

    +0.37%

  • BTI

    -0.1400

    37.96

    -0.37%

  • AZN

    0.6700

    77.54

    +0.86%

  • RYCEF

    0.0000

    7.07

    0%

  • BP

    -1.1500

    31.68

    -3.63%

  • RELX

    -0.1600

    48.37

    -0.33%

  • BCE

    -0.2300

    34.9

    -0.66%

  • JRI

    -0.0300

    13.39

    -0.22%

  • VOD

    -0.0300

    10.06

    -0.3%

EU hikes military aid for Ukraine as NATO expansion faces roadblocks
EU hikes military aid for Ukraine as NATO expansion faces roadblocks / Photo: YASUYOSHI CHIBA - AFP

EU hikes military aid for Ukraine as NATO expansion faces roadblocks

Europe pledged another half billion dollars in military support for Kyiv on Friday as Sweden and Finland's moves toward joining NATO hit multiple hurdles.

Text size:

Moscow said it would cut off electricity to Helsinki, and the president of Turkey -- a member of the Atlantic alliance whose approval is required to expand it -- expressed opposition to the Scandinavian countries becoming part of NATO.

Fighting between Russian and Ukrainian troops continued along the long front in the Donbas with minor gains on both sides, and Ukrainian fighters under siege in a Mariupol steelworks pleaded for help.

US Secretary of Defense Lloyd Austin and Russian Defense Minister Sergei Shoigu meanwhile spoke directly for the first time since before the war began.

But few details emerged from their one-hour call beyond Austin urging Shoigu to implement an immediate ceasefire, according to the Pentagon.

"The call itself didn't specifically solve any acute issues or lead to a direct change in what the Russians are doing or what they are saying," a senior US defense official said.

- Power cut -

One day after leaders in Helsinki declared their nation must apply to join NATO "without delay," Russian state energy group Inter RAO said it would suspend electricity supplies to Finland beginning Saturday.

Inter RAO's subsidiary in the Nordic region blamed the suspension on not having received payment for electricity sold in May.

Noting that only 10 percent of the country's electricity comes from neighbouring Russia, the Finnish electricity network operator said it would be able to make do without Russian electricity.

"We're prepared for this and it won't be difficult. We can make do with a bit more imports from Sweden and Norway," said Timo Kaukonen, manager for operational planning at Finnish power firm Fingrid.

- Turkey opposed -

But the cutoff underscored the challenges as both Finland and Sweden prepare for the major geopolitical shift that their joining NATO would represent, after years of proudly staying out of the alliance.

A second hurdle appeared when Turkish President Recep Tayyip Erdogan expressed opposition to Finland and Sweden entering NATO.

"We do not have a positive opinion. Scandinavian countries are like a guesthouse for terror organisations," Erdogan told journalists, referring to a longstanding complain by Ankara that Scandinavian countries shelter members of Turkish breakaway and dissident groups.

US President Joe Biden spoke with Swedish Prime Minister Magdalena Andersson and Finnish President Sauli Niinisto Friday on the NATO plan, and the White House said it was "working to clarify" Erdogan's stance on the issue.

The Swedish and Finnish foreign ministers planned to meet their Turkish counterpart in Berlin on Saturday to discuss their potential NATO bids.

-More money for Ukraine-

At a meeting of Group of Seven foreign ministers in the German sea resort of Wangels as the war entered its 12th week, European Union foreign policy chief Josep Borrell promised Ukraine an extra 500 million euros ($520 million), bringing the bloc's total military aid to two billion euros.

In a speech Friday evening, Ukrainian President Volodymyr Zelensky expressed gratitude for Ukraine's partners "strengthening sanctions against Russia and increasing military and financial assistance to us."

"This is the only recipe for defending freedom during Russia’s invasion. It is not just expenses for Western countries. It is not about accounting. It's about the future," he said.

- War crimes -

A captured Russian soldier appeared in a court in Kyiv on Friday facing war crimes and murder charges.

Vadim Shishimarin, 21, allegedly gunned down an unarmed 62-year-old civilian who had witnessed a carjacking by fleeing Russian troops.

The trial marks a significant moment in Ukraine, where accounts of murder, torture and rape by Russian forces are multiplying.

In eastern Ukraine, witnesses in the village of Stepanki, near the regional capital of Kharkiv, accused the Russians of shelling a home, killing several people.

They said six people who lived in the house were drinking tea in the courtyard when a tank approached.

"They started going into the house to hide," said Olga Karpenko, 52. The tank took aim and fired at them as they entered the house.

"Four people died, two were injured. My daughter died from a shrapnel wound in the back of her head," Karpenko said.

- Call for help from Mariupol -

Russian forces continued to shell the Azovstal steel plant in Mariupol, where around 1,000 Ukrainian fighters remained under siege.

From inside the plant, Sviatoslav Palamar, one of the leaders of the Ukrainian Azov regiment, told the online Kyiv Security Forum that there were 600 wounded there and pleaded for help to evacuate them.

"We continue to defend ourselves, and we shall not surrender," he said.

He urged the United States and other allies to find a way to help evacuate the wounded.

"It there is any opportunity, please use it," he said.

burs/pmh/wd

(A.Lehmann--BBZ)