The Russian war of aggression against Ukraine has sparked a series of economic shocks in the global economy and added significant destabilising pressure on countries in the Western Balkans and the Eastern Partnership, the European Parliament warns in two reports adopted on Wednesday.

Foreign affairs

This new geopolitical context jeopardises the EU’s security, according to a report assessing the implementation of the Common Foreign and Security Policy (CFSP). MEPs want the EU to reform its neighbourhood policy and accelerate the enlargement process, while advancing institutional and decision-making reforms, including a roadmap for future work by the summer of 2024. They urge the EU to improve its capacity to act in response to, as well as to pre-empt, global crises and argue better crisis management requires a stronger role for the European Parliament.

With US versus China competition as a backdrop, Parliament is concerned about the increasing relevance of more exclusive formats…