The bloc has no capacity to finance important new initiatives without cutting on essential projects, the outlet reports Higher interest rates have added pressure to the EU’s long-term budget, already squeezed by multiple crises, including the conflict in Ukraine, migration, and energy supply shortages, Handelsblatt newspaper reported on Monday.

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Authorities in Moldova should first ask for weapon deliveries, the chair of the US House Committee on Foreign Affairs says The US is ready to supply weapons to Moldova and the issue is currently being discussed with the country’s authorities, Gregory Meeks, who chairs the US House Committee on Foreign Affairs, has said.