Stories from Belgium

The European Union is set to deliver the first €90 billion loan tranche to Ukraine by early June. The announcement comes as the Commission warns that consequences from Middle East conflicts and the potential closure of the Strait of Hormuz could take months or years to manifest. According to Bloomberg, some payments may depend on the implementation of unpopular tax changes for local businesses. Kyiv could be required to introduce a 20% VAT for companies operating in the semi-annual system. Additionally, the International Monetary Fund is requesting that Ukraine implement VAT on foreign parcels. The European Union is considering the possibility of tightening conditions for issuing loans, according to reports. Bloomberg reported that the EU wants to make macro-financial assistance of nearly 8.5 billion euros conditional on these changes.

The European Council has officially listed entities including Euromore and Pravfond for engaging in propaganda and disinformation campaigns. These actions are categorized as part of Russia's ongoing hybrid threat strategy against EU member states and Ukraine. The move aims to curb foreign interference in European democratic processes. The campaign includes the cutting of undersea cables and cyberattacks that have paralyzed airports and logistics centers. Von der Leyen stated these are not accidental acts of intimidation but efforts to sow anxiety and weaken support for Ukraine. The actions are described as attempts to divide the European Union and test its resolve. European Union and NATO lawmakers have identified intentional drone incursions into the airspace of Poland, Estonia, Latvia, Lithuania, and Romania.

The European Union has issued an alert regarding a possible shortage of jet fuel. Demand for fuel has not yet been met, and the situation is expected to worsen during the week. Local reports indicate uncertainty regarding future fuel availability. Petroperu President stated the Iquitos refinery is currently paralyzed due to a lack of crude oil for refining. The Talara refinery, the largest in Peru, is at risk of stopping operations. Additionally, the Conchán refinery, which primarily supplies Lima, faces potential shutdown. The president noted that 2 billion dollars are required to address the situation. Petroperu president warned that refineries could face paralysis starting the first week of May if no actions are taken to address supply issues. The state oil company currently holds a 20% to 25% market share.

Belgium has launched a national campaign titled 'Prepare for Any Emergency' to instill essential crisis reflexes in the population. The initiative aims to equip citizens with the knowledge to be self-sufficient for 72 hours during emergencies, providing guidance on creating emergency kits. This campaign is being conducted amidst heightened international tensions and climate change concerns. These threats include pandemics, natural disasters, or cyberattacks. The initiative aims to ensure citizens can recognize and respond to diverse risks. The document outlining these measures was reportedly accessed recently.

Belgium has announced its intention to request the suspension of the association agreement between the European Union and Israel. This move follows similar stances taken by Slovenia, Spain, and Ireland, making Belgium the fourth European state to call for such action. The decision marks a significant diplomatic shift within the EU regarding the conflict. The International Crisis Group recommends that the European Union suspend its Association Agreement with Israel due to violations of international law. The group also advises the Portuguese government to cease political support for Israel. The recommendation follows concerns regarding international law violations.

European Union officials are expressing readiness to release frozen funds to Hungary, potentially following shifts in political leadership. Hungarian Prime Minister Majaard is traveling to Brussels today to seek 18 billion euros in EU support. The funds originate from the COVID-19 recovery fund previously withheld due to non-compliance with European rules. Hungary faces a potential loss of 10 billion euros if the funds are not secured before the August deadline. Correspondent Kiesje Hekster reported on the ongoing policy negotiations. The decision follows the election victory of Peter Maillard. Maillard traveled to Brussels to discuss the steps required to unblock the funds, describing the meeting as constructive and productive. Approximately 17 billion euros intended for Hungary were frozen due to corruption and rule of law concerns.