Russia tries to derail Sofia-Skopje thaw in relations

The European Commission has allocated €8 million for a project to expose the ruins of the ancient city of Serdica, located in the centre of Sofia, but an investigation from European Anti-Fraud Office (OLAF) shows that half of these funds…

In today’s edition of the capitals, Czech Foreign Minister Jakub Kulhánek shows support for Israel and Former Albanian President Sali Berisha is set to sue US Secretary Antony Blinken for defamation. Read this and much more.

“Our approach is philosophical. We understand that Bulgaria is a small country and it has to develop. The EU provides funds and helps. But I don’t think that’s a reason to sacrifice relations with Russia,” Russian Ambassador to Sofia Eleonora…

After Greek Foreign Minister Nikos Dendias sent a letter to his counterpart Bujar Osmani requesting full and consistent implementation of the Prespa Agreement in response to the logo of the Football Federation of Macedonia (FFM) that features on the national…

This in-depth analysis summarizes the main effects of the Customs Union (CU) on EU-Turkey trade and the economic situation in Turkey. Whereas the CU offers Turkey several economic benefits, it also implies some downsides, in particular asymmetric tariffs in relation to third countries. Against the background of the dynamic development of EU-Turkey relations, the authors assess the impact of four different options for developing EU-Turkey economic and trade relations:
(i) Continuation of the current Customs Union framework as it stands,
(ii) Modernization and upgrading of the Customs Union,
(iii) A transformation of the bilateral trade relations into a deep and comprehensive free trade agreement (DCFTA),
(iv) Suspension of the Customs Union (in which case WTO rules would apply).
The in-depth-analysis describes the options, the challenges the EU-Turkey Customs Union faces and seeks solutions for these issues.

Source : © European Union, 2021 – EP