European Commission President Ursula von der Leyen announced Monday that the EU will help finance some Black Sea security costs after attacks on commercial shipping — blamed on Russia — even as the main diplomatic push to end the crisis unfolds elsewhere. "Threats, attacks and incursions are rising off the coasts of the Black Sea," von der Leyen said at the start of her visit to Romania. In response, she said the bloc will “fast track the work on the Black Sea Maritime Security Hub, with a clear timeline for completion and dedicated funding of €50 million.” She also announced an additional €10 million in EU cash for Romania’s search-and-rescue operations. The sums are tiny compared to the €16.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.