Economy and Ukraine on the agenda of the EU Leaders Summit

The EU Leaders Summit began, which took place in Brussels with the participation of the heads of state or government of the 27 member states of the European Union (EU).

The Secretary General of the United Nations (UN), Antonio Guterres, will attend the first part of the summit, which will be chaired by the President of the European Council, Charles Michel.

At the meeting where important geopolitical issues such as the Russia-Ukraine war and global problems such as climate change will be discussed, food security and the expanded Black Sea Grain Corridor Agreement will be assessed. The leaders will then proceed to the Ukraine session. The President of Ukraine, Volodymyr Zelenskiy, will be connected to this part of the meeting via video conference.

Various topics will be discussed, such as the continuation of EU support for Ukraine, various ammunition and weapons, mainly 155mm cannon shells to be supplied to Ukraine, the financing of military support and the use of frozen Russian assets. The leaders will also discuss the issue of migration at the summit.

INCREASING COMPETITIVENESS IS ALSO ON THE TABLE

The main topic of the summit will be the economic situation and the competitiveness of Europe. The leaders will discuss the steps to be taken to increase the competitiveness of European industry.

At the EU leaders’ summit last month, they discussed the effects of the law in Europe, which includes comprehensive health, weather and tax regulations aimed at reducing inflation in the US. This law provides significant investment incentives in the US EU; He fears that European manufacturers will lose their competitive advantage in the face of similar incentives and support in countries like the US and China. The leaders will evaluate measures to protect industrial investments.

Differences of opinion between France and Germany on nuclear power and internal combustion engines are expected to cause the summit to stray from its main agenda. (AA)