€3 Billion to Fight COVID-19 in EU Neighbourhood

The European Parliament has approved €3 billion in loans to help EU neighbours and partner countries deal with the fallout of COVID-19. The loans, which will be given on highly favourable terms and disbursed over a year, will help the following ten countries whose economies have been pushed into recession by the pandemic. The are:…

Can the IMF accept COVID-19-struck Lebanon’s ‘reform-for-support’ request despite concerns over Hezbollah and Bassil?

By John Grogan Lebanese poet Khahil Gibran wrote in the 1920’s: “My Lebanon is a serene mountain sitting between the sea and the plains, like a poet between one eternity and another.” When I first met the Chair of the Foreign Affairs Committee of the Lebanese Parliament Yassine Jaber on a delegation to the Westminster…

Why Lebanon Deserves International Support

The news from Lebanon in recent weeks has been grim. As street protests in Beirut and other cities intensify, so does the country’s economic suffering, writes Charles Tannock. A political, economic, and social crisis has taken hold, leading to hard-currency shortages that hinder imports of vital daily commodities such as wheat, medicine, and fuel. Moreover,…