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Ukraine on course for EU candidacy at summit, EU says
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BRUSSELS (Reuters) -Ukraine is set to become an official candidate for European Union membership on Thursday in a symbolic but morale-boosting decision following Russia’s invasion, ministers and diplomats said on Tuesday.
BRUSSELS (Reuters) -Ukraine is set to become an official candidate for European Union membership on Thursday in a symbolic but morale-boosting decision following Russia’s invasion, ministers and diplomats said on Tuesday.
EU leaders in Brussels are expected to sign off on last week’s recommendation by the European Commission, the EU executive. After several days of internal EU discussions no opposition among the 27 member states has surfaced, three diplomats told Reuters.
“We are working towards the point where we tell (Russian President Vladimir) Putin that Ukraine belongs to Europe, that we will also defend the values that Ukraine defends,” Luxembourg’s foreign affairs minister Jean Asselborn told reporters before a meeting with other EU ministers.
Moldova is also almost certain to be given candidate status, the diplomats said, although Georgia must fulfil conditions, namely that it overcome political deadlock in the country.
A French presidential official, whose country heads the EU until the end of June, told reporters in a briefing he was confident none of the 27 would block candidacy status for Ukraine and Moldova.
“We are forging consensus. At this moment I can’t say all 27 are agreed but there is reasonable hope to quickly get an agreement on Ukraine and Moldova at the EU Council.”
France’s Minister for Europe Clement Beaune told reporters after a ministerial meeting in Brussels there was “total consensus” among the 27, but it would not be up to heads of state to confirm it.
Despite some misgivings among northern EU countries that taking in Ukraine, which suffers from endemic corruption, is unrealistic, Denmark’s foreign minister said he welcomed giving it candidacy status.
“It’s very good and it’s something that Denmark whole-heartedly supports; we want to help Ukraine to achieve its European dream,” Jeppe Kofod told reporters in Luxembourg.
While the candidacy will mark a strategic eastward shift by the EU in the face of Russia’s war in Ukraine, Kyiv would likely take years to become a member of the bloc, if at all.
Ukraine already has a free trade pact with the EU but applied to join days after Russia’s invasion. Moscow says its “special military operation” was partly necessitated by Western encroachment into what it characterises as its rightful geographical sphere of influence.
Putin has so far played down the issue of Ukraine’s EU membership.
(Reporting by Bart Meijer, Francesco Guarascio, Robin Emmott and John Irish; Editing by Alison Williams, William Maclean)
EU candidacy refers to the status of a country that has applied to join the European Union. It indicates that the country is in the process of meeting the necessary criteria for membership.
Investment is the act of allocating resources, usually money, in order to generate income or profit. It can involve purchasing assets such as stocks, bonds, or real estate.
Financial stability refers to a condition where the financial system operates effectively, with institutions able to withstand economic shocks and maintain the confidence of investors and consumers.
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