InvestorsHub Logo
Followers 40
Posts 5535
Boards Moderated 0
Alias Born 08/19/2009

Re: blackcat post# 75854

Monday, 02/28/2022 12:23:17 PM

Monday, February 28, 2022 12:23:17 PM

Post# of 114194
The response is coming

February 28, 2022 10:17 AM ET (BZ Newswire) -- Government
Ukrainian President Volodymyr Zelensky has requested that the European Union enact a special procedure that will enable his country to immediately gain membership in its organization.
What Happened: In a video posted on his Telegram channel, Zelensky stressed the need for Ukraine to unite with the rest of the continent under the EU auspices.
“We ask the European Union for Ukraine’s immediate accession via a new special procedure,” he said. “Our goal is to be together with all Europeans and, most importantly, to be on an equal footing. I’m sure it’s fair. I’m sure it’s possible.”
See Also: Live Trading with Benzinga - Day Trading & Options Trading
What Happens Next: While there is a process set up to allow for a fast-track application, it has yet to be used. And Ukraine has yet to make a formal request for EU membership, it is unclear how this will be transacted or if Ukraine would meet the eligibility standards if judged by its pre-invasion socioeconomic structure.
Ukraine has been part of an Association Agreement with the EU since 2017 and is also part of the organization’s Eastern Partnership and European Neighborhood Policy.
However, AFP reported that European Council President Charles Michel announced there was no unanimity among the 27 EU member nations to welcome Ukraine as a new member under the fast-track procedure. And complicating matters are the status of five nations – Albania, Montenegro, North Macedonia, Serbia and Turkey – that have gone through the formal application process and have been waiting for years to receive confirmation of their membership requests.
Photo courtesy president.gov.ua / Wikimedia Commons
Copyright © 2022 Benzinga (BZ Newswire, http://www.benzinga.com/licensing). Benzinga does not provide investmentadvice. All rights reserved. Write to editorial@benzinga.com with any questions about this content. Subscribe to Benzinga Pro (http://pro.benzinga.com).

Kleptocrats: a ruler who uses political power to steal his or her country's resources.

Kleptocracy: government by those who seek chiefly status and personal gain at the expense of the governed.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.