Karel Lannoo @karel_lannoo Twitter profile

Last Seen Profiles

@CoachMamsUD

@Guillodietrich

@peter_muiruri

@Roblox

@SPlus_ChrisYu

@regulus_96

@alabodavid

@euskalhintxak80

@VKPolyPlast

@REIWA_AICHI

@FredDoughty2

@SERDeportivosBI

@NanaArroz

@uwful

@Owl_Brian_SA

@FlatironInst

@c0dee_

@lidya4229716465

@F2Washington

@keepingupwith_d

@Jules_mathias_

@toyotahotarum

@FadiaHawari

@NsotomayorR

@niayacbfww

@SiteGround_DE

@Tobafranco

@chillbbylon

@indiragaalvez

@Procket_info

@w9ffi

@Shisui_poro

@KinderRoi

@moneer_8

@bommeyyyy

@lilahsuzanne

Karel Lannoo

@karel_lannoo

6 months

Heartbreaking, the testimony by human rights lawyer and Nobel Prize winner Oleksandra Matviichuk at #ParisPeaceForum . ‘We need to break circles of impunity which Russia enjoyed for decades’, and start trials now. She documented 56k episodes of crime by Russia in Ukraine

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Karel Lannoo

@karel_lannoo

2 years

@davcarretta Berlusconi should be convicted for treason!

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Karel Lannoo

@karel_lannoo

3 years

130 countries still have not got a single vaccine until today. Shortages are artificial, @Jayati1609 at @CEPS_thinktank

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Karel Lannoo

@karel_lannoo

1 year

Concluding 10th @CEPS_thinktank Ideas Lab, first large scale again post-Covid. Great people and fascinating discussions. Thanks to entire CEPS team for a very inspiring two days

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Karel Lannoo

@karel_lannoo

4 years

Big change ahead for Europe’s capital markets, with the Commission issuing 750bn triple A bonds. If approved, will create attractive long term € assets, not linked to a country

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Karel Lannoo

@karel_lannoo

2 years

@TimothyDSnyder Hence the West should not relax its efforts to put max pressure on Russia, with all available means, and as coordinated as possible among the EU, US, UK, CH, Japan, SKorea.

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Karel Lannoo

@karel_lannoo

3 years

Spring in Brussels, finally

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Karel Lannoo

@karel_lannoo

4 years

Impressive opening of #coebruges by @FedericaMog in another setting. #soarespromotion

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Karel Lannoo

@karel_lannoo

3 years

@nwbrux “The mistake wasn’t calling for a second referendum,” Andrew Adonis tells me, “it was falling to get one”, for which he blames Corbyn.

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Karel Lannoo

@karel_lannoo

1 year

Thank you, Vice President @vestager for your strong support for @CEPS_thinktank work at our 40y celebration in Bozar. What an unforgettable evening

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Karel Lannoo

@karel_lannoo

2 years

EU funds conditionality is of all times. See a press release of 25y ago:

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Karel Lannoo

@karel_lannoo

2 years

@Tsihanouskaya Lukashenko knows the tide is turning and tries to save his skin

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Karel Lannoo

@karel_lannoo

2 years

'Le président de la Cour de justice de l'UE, Koen Lenaerts, est un proche de Karel Pinxten, condamné par la CJUE en septembre.' Lecture pas trop amusant pour quelques un de @quatremer

Jean Quatremer

@quatremer

2 years

A lire, mon enquête sur les conflits d’intérêts et trafic d’influence à Bruxelles et à Luxembourg

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Karel Lannoo

@karel_lannoo

5 months

Avoiding sanctions by selling ships to Putin. How could this ever be legal? EU AML law applies in Greece as well

Robin Brooks

@robin_j_brooks

5 months

4. These are just two examples in a long list of ongoing oil tanker sales by Greece's shipping oligarchs to Putin's shadow fleet. The EU should have prohibited these sales a long time ago. It chose not to because of lobbying by Greece's shipping oligarchs. This has to stop now...

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Karel Lannoo

@karel_lannoo

4 years

@KU_Leuven @DeMoorBart Hadden we geen media en gerecht dan was de zaak al lang vergeten

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Karel Lannoo

@karel_lannoo

1 year

To end this year on a good note, so unforgettable, the gestures, the ovation. In history, individuals sometimes make the difference. Imagine what would have happened if this person would have fled Kyiv in the early days of the war, or with another President in the White House

ABC News Politics

@ABCPolitics

1 year

Ukrainian Pres. Volodymyr Zelenskyy receives a rousing several-minute ovation before addressing a joint session of Congress.

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Karel Lannoo

@karel_lannoo

9 months

Banks earn 3.75% on deposits with the ECB - about €140bn annually (whereas savers do net even get 1% in their deposits). @pdegrauwe proposes to drastically reduce the remuneration for banks and to use the reserves as a stability tool via @CEPS_thinktank

Towards monetary policies that do not subsidise banks

The massive programmes of government bond buying have led to a fundamental change in the operating procedure of the major central banks. The latter now operate in a regime of abundance of bank...

www.ceps.eu

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Karel Lannoo

@karel_lannoo

3 years

@Schuldensuehner market manipulation

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Karel Lannoo

@karel_lannoo

1 year

Impressed to meet the 🇧🇾 President-elect @Tsihanouskaya , in Brussels for the EU’s Foreign Affairs Council, and discuss the way forward in Belarus. Justice will prevail, and democracy restored!

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Karel Lannoo

@karel_lannoo

2 months

Still a lot to be done to mobilise Europeans to go and vote. Five MEPs discussing the EU elections. Will we get turnout up? Debate at @BozarBrussels with @danutahuebner @DomenecD @EPoptcheva @d_boeselager @daniel_freund with @MeabhMcMahon and @SophiaRussack

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Karel Lannoo

@karel_lannoo

4 years

‘And Europe nowhere to be seen,’ while the EU argues about a few € in Brussels. Geopolitical Commission?

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Karel Lannoo

@karel_lannoo

2 years

@KennethManusama Reminds me of what the late Madeline Albright once said during a dinner in Brussels, many years ago: ‘There are two fundamentalist countries in the world, Iran and the US’

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Karel Lannoo

@karel_lannoo

2 years

@Kasparov63 But 'thanks' to Putin's actions over the last days, all doubts have gone that we need to act - see how rapidly the EU & the US decided on sanctions. Who the real Putin is is clear for all

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Karel Lannoo

@karel_lannoo

2 years

@mvanhulten @MarietjeSchaake @TI_EU Many of these actions against Russian dirty money could have been taken a long time ago. Why did it require to start of a war against Ukraine?

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Karel Lannoo

@karel_lannoo

7 months

Totally unbalanced statement. What the EU has done in response to the Russian aggression demonstrates the opposite, @Mij_Europe . Ukraine and Moldava as candidate EU members, unanimous sanctions against Russia, military support for Ukraine shows big change in role @markhleonard

Mark Leonard

@markhleonard

7 months

Devastating critique of EU. You can add our increasing struggles to set a path on climate, China & regulations. Striking to see countries like Türkiye desperate to go to sco & Brics but sitting out the EPC meeting. We need some serious rethinking about EU foreign policy

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Karel Lannoo

@karel_lannoo

2 years

@IlvesToomas @GlasnostGone And the EU soon to be enlarged from 27 to 34 members, with stronger federal powers

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Karel Lannoo

@karel_lannoo

2 years

Ook Vlaams Belang had banden met Putin’s Rusland. Twee partijleden namen volgens @TimothyDSnyder deel als waarnemers aan het referendum in de Krim in 2014, zie boek ‘The Road to Unfreedom’

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Karel Lannoo

@karel_lannoo

3 years

@COdendahl But Biontech, even if very European, is listed on Nasdaq. As in other domains, European capital markets, despite massive local savings, cannot fund such ventures

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Karel Lannoo

@karel_lannoo

4 years

@quatremer @MamerEric El alors? Vos articles sont touours et seulement en français, et je les lis aussi.

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Karel Lannoo

@karel_lannoo

1 year

Ironic to see European leaders trying to participate in the glory of hero Zelensky and advancing EU enlargement, and at the same time using anti immigration rhetoric and discussing (EU funds for) hard border fences

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Karel Lannoo

@karel_lannoo

4 years

@BernardodMiguel @el_pais Es positivo! Por la primera vez vamos a tener un activo europeo seguro, un AAA bono europeo, una manera para la UE de financiarse que es mas barato que un gran parte de sus miembros

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Karel Lannoo

@karel_lannoo

1 year

Well-functioning investment fund markets are crucial building blocks for capital markets. In Europe, they could double in size if market imperfections are addressed, which the EU Commission is proposing in today’s Retail Investment Strategy (RIS) proposal, as discussed in @FT

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Karel Lannoo

@karel_lannoo

4 years

Beautifully restored Chateau d’Annevoie and its park, close to Namur. A treasure to visit during lockdowns

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Karel Lannoo

@karel_lannoo

1 year

After 3 years, we are back with the real Ideas Lab, #cepslab2023 , discussing a multitude of policy issues with which Europe is confronted. And we are celebrating our 40 years at #Bozar

CEPS ThinkTank

@CEPS_thinktank

1 year

📢 TOMORROW/ Ideas Lab is back! This year, #cepslab23 will examine how well the EU has fared in facing up to the challenges of 2022 and will critically examine what has worked and what still needs to be changed. LEARN MORE:

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Karel Lannoo

@karel_lannoo

3 years

CCPs: the big bone of EU-UK contention, and the ONLY domain where equivalence is still in place. This study is an urgent call to keep it in place, in the interest all, but also digs deeper into what it is all about

Setting EU CCP policy – much more than meets the eye

More than EUR 3.2 trillion notional outstanding of interest rate swaps (IRS), the most active interest rate derivative (IRD) product, are cleared every day in the City of London, including around 94%...

www.ceps.eu

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Karel Lannoo

@karel_lannoo

4 years

And City, watch out, they will be issued in Luxemburg under local law, certainly no longer in the UK. Change will also happen at that level

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Karel Lannoo

@karel_lannoo

2 years

@olgatokariuk So simple: if we surrender, it won't stop there, and undermines all our efforts to clean up the Putin mess

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Karel Lannoo

@karel_lannoo

2 years

Stablecoins are not stable. As the EU is finalising its crypto rules, better to call a spade a spade, and not to create confusion. A light touch regime will not help investors

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Karel Lannoo

@karel_lannoo

3 years

@Schuldensuehner Erdogan’s endgame. Try to distract people’s attention with wars abroad, while the economy sinks

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Karel Lannoo

@karel_lannoo

4 months

@DrSJaishankar What a shame!

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Karel Lannoo

@karel_lannoo

4 years

Even derivative markets contribute to the green transition. EU taxonomy will further facilitate this

PubAffairs EU News & Debates 🇪🇺

@PubAffairsEU

4 years

Derivatives in #SustainableFinance , by K. Lannoo and A. Thomadakis, European Capital Market Institute (ECMI) #GreenTransition #SustainableInvestment

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Karel Lannoo

@karel_lannoo

2 years

On this #armisticeday , remembering all those that fell in WW I (and II). My grandfather, below, told us many horrible stories of life in the trenches on the Yser, possibly best captured in Stefan Hertmans ‘War and Turpentine’ novel

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Karel Lannoo

@karel_lannoo

3 years

Fighting for freedom, of all times, and continues to impress. Goya’s masterpiece of the Napoleontic wars in Spain

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Karel Lannoo

@karel_lannoo

7 years

En het probleem is dat ze het niet willen inzien

Geert Noels

@GeertNoels

7 years

Spanje probeert de middelen van het ancien régime in de 21e eeuw. What’s next: de guillotine?

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Karel Lannoo

@karel_lannoo

1 year

Why would you buy blended honey? Stricter rules of origin to prevent honey laundering is indeed required, @ian_c_johnston . Lot’s of cheap honey today is a mix of EU and non-EU origins (see labels), which cannot be good.

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Karel Lannoo

@karel_lannoo

5 years

‘Sunny personality, without sense of self importance, always asking others for their views’, Great words for Peter Praet at #ECB colloquium in his honour by President Draghi

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Karel Lannoo

@karel_lannoo

7 months

@daniel_freund Treason, so simple as it is, for a case before the ECJ, on non respect of European values. Not against Hungary, but against Orban

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Karel Lannoo

@karel_lannoo

3 years

Make EU websites more accessible and easier to navigate!! is one of their recommendations #over2youth #CEPSlab21 @triggerproject1 @Future4Europe

CEPS ThinkTank

@CEPS_thinktank

3 years

🔴NOW LIVE/ It's time to meet our 30 brilliant young thinkers! Find out their proposals for the role of citizens and civil society in the EU with: @MarosSefcovic @FlorenceGaub ▶️WATCH STREAM #over2youth #CEPSlab21 @triggerproject1 @Future4Europe

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Karel Lannoo

@karel_lannoo

2 years

Historic meeting of the G4 with Zelensky, and agreement for EU candidate status for Ukraine. But for what UA? No way out: we need to continue to support Ukraine to defend its territory @KlausIohannis @Odobes1Luminita

Klaus Iohannis

@KlausIohannis

2 years

We are here together with President @ZelenskyyUa because we know it's our duty to act. It's our responsibility to keep this momentum & help our Ukrainian friends forge a new future. Focus on the need for peace, the reconstruction effort & the rebuilding of this country’s future.

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Karel Lannoo

@karel_lannoo

2 years

Park bij valavond

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Karel Lannoo

@karel_lannoo

4 years

@PeterDeKeyzer Het gaat hier niet om zwakke of sterke landen, het gaat om hard getroffen en (tot nu toe) minder hard getroffen landen. Gezamelijke schuldfinanciering is een voordeel voor alle landen, zie wat de VS doet.

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Karel Lannoo

@karel_lannoo

2 years

With @CBeaune and German Ambassador discussing french Presidency priorities in splendid Hotel de Beauharnais. Digital, green and social, that’s what it will be

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Karel Lannoo

@karel_lannoo

2 years

@MaximEristavi Untrue. Many in Europe are extremely concerned about what is happening in the East. LIfe goes on, but the world has changed profoundly for the Europeans in one month

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Karel Lannoo

@karel_lannoo

3 years

No ‘right to be forgotten’ in this case...

Sophie in 't Veld

@SophieintVeld

3 years

Dear Prime Minister, what an honour to get a direct answer to my tweet on a Saturday evening! In answer to your question I enclose a screenshot of your tweet of Nov 5. Not invented, your tweet.

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Karel Lannoo

@karel_lannoo

5 years

Shocking to hear Nobel Prize Nadia Murad’s account of violence against women and silence of international community. It is 4 years now, and many are still waiting for justice #DohaForum

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Karel Lannoo

@karel_lannoo

4 years

Seems even EU governments forgot this in the EU budget discussions, and many citizens with them

Monica Harding

@monicabeharding

4 years

👇 Brexit will soon have cost the UK more than its total payments to the EU over the last 47 years.

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Karel Lannoo

@karel_lannoo

7 months

@michaeldweiss Even the Ancient Greeks took a pause in their multiple wars to give a dignified burial to their death soldiers. Russia, 2500y later, still does not

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Karel Lannoo

@karel_lannoo

10 months

@vtchakarova On EU vs US GDP, this stat from the same source is probably more telling, we have both been declining at a very comparable pace, and see who is winning the race @vtchakarova @COdendahl

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Karel Lannoo

@karel_lannoo

7 years

EU should have acted weeks ago, now too late #CatalanReferendum

Alberto Alemanno

@alemannoEU

7 years

The call for the EU to step in #CatalanReferendum is growing and appears bi-partisan. Will the EU accept to play a mediating role?

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Karel Lannoo

@karel_lannoo

8 months

@IvanKorcok Congrats, Ivan, and good luck! Another crucial upcoming election

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Karel Lannoo

@karel_lannoo

6 years

Biggest EU trade deal ever with Japan discussed with Amb Suzuki and Mauro Petriccione @CEPS_thinktank

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Karel Lannoo

@karel_lannoo

1 year

Crypto house FTX’ collapse: a byzantine structure, with the head office in Antigua and Barbuda, and more offshore. EU licence in Cyprus!, which got an ultimatum from @ESMA in August to put its house in order.

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Karel Lannoo

@karel_lannoo

5 years

What is European liberal democracy? What are the European values? What will EU27 agree at the Sibiu summit? It seems there is no agreement, even in #CEPSLab19 panel

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Karel Lannoo

@karel_lannoo

11 months

So impressed, @Odobes1Luminita

Luminita Odobescu

@Odobes1Luminita

11 months

Honoured to be sworn in as Minister of Foreign Affairs of Romania. I will continue to work with full dedication together with my colleagues from @MAERomania to ensure that our foreign policy is delivering for 🇷🇴 citizens.

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Karel Lannoo

@karel_lannoo

3 years

This is what they need to hear in Belgium now. Impressive @RobertaMetsola

Roberta Metsola

@RobertaMetsola

3 years

WATCH: This is why we need to declare that our European Union is a #LGBTIQFreedomZone . 💪💙 🇪🇺🏳️‍🌈 @EPPGroup

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Karel Lannoo

@karel_lannoo

2 months

Is Europe our homeland? Fascinating debate with @fromTGA moderated by @KalypsoNicolaid and @profAndreaRenda in @BozarBrussels by @CEPS_thinktank

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Karel Lannoo

@karel_lannoo

2 years

EPC remains a strange new entity, what will be its role? Some positive outcomes of the 1st meeting ( @trussliz attended, UK joins PESCO), but many questions: will it be replacement for enlargement? First @CEPS_thinktank lunchtime meeting since Covid!

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Karel Lannoo

@karel_lannoo

11 months

@Tsihanouskaya We stand with you, Sviatlana @Tsihanouskaya

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Karel Lannoo

@karel_lannoo

3 years

AML policies have been notably ineffective. The EU is finalising a package of even more rules. Will it work? via @financialtimes

The time is ripe for the EU to tackle money laundering

Creating a new supervisory agency may help, but better regulation is essential

www.ft.com

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Karel Lannoo

@karel_lannoo

3 years

Our first virtual #CEPSlab21 starts in a few hours. We will miss the many encounters with friends, but hope to meet you virtually in the chatroom. Lot's to discuss, Europe and the world moved on during the lockdown

CEPS ThinkTank

@CEPS_thinktank

3 years

⚠️Get ready for a fully digital #CEPSlab21 ! For this 8th edition, our team of researchers, leading experts and high-level policymakers will cover five themes over five days. SIGN UP NOW✍️

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Karel Lannoo

@karel_lannoo

5 years

Great art in Munich musea, apart from security discussions at #MSC2019 . Pre-ww1 art of Der blaue Reiter, with Kandinsky, Münter, Marc & Macke. Last two died very young in WW1, Kandinsky returned home to Moscow

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Karel Lannoo

@karel_lannoo

5 years

Full Egg at #CEPSLAB19

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Karel Lannoo

@karel_lannoo

3 years

Mijn 2020 top 📚. Jaarringen dateren tot 2000 jaar terug, maar zeggen ook veel over klimaat, en verleden

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Karel Lannoo

@karel_lannoo

11 months

Very convincing Kerry on threats of Climate change for our security, in all its forms, it is time we wake up, @gmfus

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Karel Lannoo

@karel_lannoo

2 years

@Kasparov63 Not only apathy, also open corruption with the Putin regime. The price will be high

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Karel Lannoo

@karel_lannoo

1 year

Bakmuth, we never thought this still possible on European soil in 21st century. Senseless destruction. We will need to reform the UN Security Council once this war is over @carlbildt

Carl Bildt

@carlbildt

1 year

Russia was here. Bakmuth 🇺🇦. More than 20.000 🇷🇺 soldiers lost their lives achieving this. The video is from the official 🇷🇺 news agency.

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Karel Lannoo

@karel_lannoo

2 years

‘We need to strengthen EU military cooperation within NATO’. No word about European Defense Union in the Leccion Comemorativa van @MinPres Mark Rutte voor de Fundacion @CarlosdeAmberes

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Karel Lannoo

@karel_lannoo

5 years

Voor Joris Lannoo, mijn grootvader, was 100 jaar geleden ook de gruwelijke oorlog voorbij. Hij moest echter nog tot juli 1919 wachten vooraleer hij gedemobiliseerd werd en naar huis mocht, om zijn bedrijf verder te zetten

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Karel Lannoo

@karel_lannoo

3 years

@BikeCountBxl @gossele I saw 3 bicycles a day when cycling to work in the early 90s, in IXL

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Karel Lannoo

@karel_lannoo

2 years

@anders_aslund I hear other mounts: 🇧🇪 alone froze €100bn

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Karel Lannoo

@karel_lannoo

2 years

Ook dit is Piet Mondriaan. Merkwaardige overzichts-tentoonstelling in @fond_Beyeler — misschien wel de beste kunst galerij in Europa — over de evolutie van een portret- en landschapsschilder tot de bekende abstract kunstenaar

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Karel Lannoo

@karel_lannoo

1 year

Commissioner McGuinness announcing three important Commission proposals on capital markets at @ECMI_CEPS annual conference opening dinner: 1) making clearing more attractive, 2) an upgraded listing act, 3) insolvency harmonisation. Stay tuned at @CEPS_thinktank

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Karel Lannoo

@karel_lannoo

2 years

A century turbulent Russian history in an amazing @CzechPhil concert of Shostakovich’s 11 symphony in @BozarBrussels , with @GautierCapucon and conductor Semyon Bychkov. Perfect fit for @EU2022_CZ , @EditaHrdaEU

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Karel Lannoo

@karel_lannoo

5 years

Retail investors participation in capital markets is crucial for the credibility of the EU's capital markets union programme

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Karel Lannoo

@karel_lannoo

4 years

OPEC is a cartel we should have tackled ages ago. Inflated prices have distorted the world economy since decades. Le jour où le marché pétrolier a craqué via @lemondefr

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Karel Lannoo

@karel_lannoo

2 years

@MehreenKhn This is the danger of politicised 'standard setters'. Sustainable finance standards should be, like accounting standards, set by independent bodies

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Karel Lannoo

@karel_lannoo

5 years

Brueghel’s winter landscapes

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Karel Lannoo

@karel_lannoo

3 years

@remkorteweg @FT The first exchange was in Antwerp, de 'gemeyne borze', with its own trading floor from 1531, before London. With the fall of Antwerp in 1585, the activity moved to the North

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Karel Lannoo

@karel_lannoo

6 years

Hmmm: Belgium’s Lavish Energy Use Sheds Light on More Than Just Its Roads

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Karel Lannoo

@karel_lannoo

5 years

Last time we have a British commissioner at @CEPS_thinktank ? King called for a European solution to track terrorist financing

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Karel Lannoo

@karel_lannoo

5 years

Story of Greek crisis, now 10y, by finance minister @gpapak . About Titanic tasks, lenghty ecofin councils and emerging populism. And a painful trial as farewell

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Karel Lannoo

@karel_lannoo

2 years

The Johnson government promotes European disunity at the moment that unity is more than needed. And the act will fail. How utterly irresponsible!

GermanForeignOffice

@GermanyDiplo

2 years

With today's draft legislation on the #NIProtocol , London is unilaterally breaking agreements. And doing so for motives easy to see through. This is not acceptable for the #EU . To this breach of trust, we will stand united in our response. 1/2

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Karel Lannoo

@karel_lannoo

3 months

CEPS is proud to be kicking off the EP election debates @BozarBrussels on 4 March with Garton Ash @fromTGA and 5 MEPs moderated by @MeabhMcMahon . Stay tuned with @CEPS_thinktank

Europe Talk: The elections, the ultimate test? | Bozar Brussels

Will the European elections of 4-9 June 2024 be a test for the European institutions? These five-yearly elections will grant 720 seats in the European Parliament to help guide EU decision-making....

www.bozar.be

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Karel Lannoo

@karel_lannoo

5 years

How the world’s first democracy died. A combination of hubris, populism and incompetence. 2400 yrs ago, only!

1

9

Karel Lannoo

@karel_lannoo

6 years

EU kost veel minder dan het opbrengt, dat realiseren zelfs de Britten zich reeds. EU heeft meer middelen nodig voor gezamelijke taken die ze nu niet kan opnemen, zoals migratie, grenscontrole

Geert Noels

@GeertNoels

6 years

De totale toelage van België aan de EU bedraagt 3,6 miljard euro. Dat is meer dan de totale subsidie aan het openbaar vervoer (NMBS+De Lijn =3 mia). EU moet zuiniger met budget leren omspringen.

32

61

189

1

0

8

Karel Lannoo

@karel_lannoo

5 years

Fout. EU is geen partij in het akkoord, is geen VN lidstaat, en gaat enkel als waarnemer.

Geert Noels

@GeertNoels

5 years

Als je @cauwelaert leest in de @tijd moet België zelfs niet meer gaan: de EU tekent sowieso al in onze naam.

20

32

117

0

2

9

Karel Lannoo

@karel_lannoo

5 years

Farewell of two remarkable 5 term MEPs, Beres and Lamassoure. EP has become real Parliament in these 25 years, says @Lamassoure

0

4

9

Karel Lannoo

@karel_lannoo

2 years

Watch this space: @vonderleyen meeting @PMOIndia in New Delhi, in the geopolitical earthquake in which we are. Will India align closer to Europe, away from Russia, and will EU move on with the FTA