Tuesday

11th May 2021

Ticker

Russia's Putin hosts Belarus leader in Sochi

Russian president Vladimir Putin hosted his Belarusian counterpart Alexander Lukashenko for talks on Monday, AP reported, with media reports suggesting Lukashenko was aiming to secure another loan. The Kremlin extended both economic and political support to Lukashenko, after he cracked down on the largest mass protests in Belarus' history in the wake of his disputed re-election in August. In September, Putin said Moscow would provide a €1.2bn loan to Belarus.

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First recovery euros could be paid out in July

Economy commissioner Paolo Gentoloni said the real challenge is whether member states can stick to their national plans and timelines. However, more than a dozen EU countries still need to ratify legislation to start the funding.

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