No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 7, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

European Commission recommends sanctions on Israel

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 3 mins read
A A
European Commission recommends sanctions on Israel
Share on FacebookShare on TwitterShare on LInkedIn


The European Commission will propose to the EU to partially suspend scientific and technological cooperation with Israel in the Horizon research and innovation program, as a first sanction against Israel’s actions in Gaza, the Commission announced Monday evening in a press release.

The announcement said that the part of the program that will be suspended, if the move is approved by the EU countries, will be access of Israeli startups and companies to grants in areas that may have dual use – security and commercial. This includes companies developing drones, AI and cybersecurity, in a sub-framework of the Horizon program called the EIC Accelerator, which awards research grants and funds for collaborations worth hundreds of millions of euros annually.

The recommended sanctions will now pass on to the EU ambassadors in Brussels, representatives of the 27 member states, to vote on whether they approve the proposal submitted by the European Commission. A vote could take place as early as Tuesday (today). The very submission by the EU’s executive body of a recommendation for sanctions, with the support of President Ursula von der Leyen, is an unprecedented move, and constitutes significant support for this step.

For the proposal to be approved, a qualified majority of 55% of the EU member states, representing 65% of its residents, is required. If Germany continues to support Israel in the EU and votes against the move, a key question will be how Italy will vote. Together, the two countries almost have a “veto bloc” because they represent more than 30% of the EU population. If Italy votes in favor of the move, its chances of being approved will be great. In Germany, too, there have been calls in recent days to put pressure on Israel through sanctions.

This is one of the 10 sanctions against Israel proposed by Kaia Kallas, the EU’s foreign policy chief, at a meeting of EU foreign ministers two weeks ago. At the time, all the proposals were rejected, but Kallas made it clear that “all options remain on the table,” if Israel does not improve the humanitarian situation in Gaza as it had pledged to the EU. In recent days, criticism has intensified, and the current step would constitute the first sanction imposed by the EU on Israel. The official justification for the move is that Israel is not complying with Article 2 of the Association Agreement, which is the basis of relations, on the need to respect international law and human rights.

The sanction is intended to serve as a warning to Israel

The European Commission stressed that the decision is relevant only to the private sector, and not to Israeli academia. “The proposed decision is targeted and revocable. It does not affect the participation of Israeli universities and researchers in academic collaborations and research activities in the Horizon program,” the statement said.





RELATED ARTICLES




EU discussing suspending Israel from Horizon R&D program


Netherlands, France, Sweden flip on EU-Israel ties


Calls to exclude Israel from Horizon jeopardize research






Horizon is the world’s most important scientific grant program, and a suspension from the program would be a major blow to Israeli science. The proposed sanctions are relevant only to a very small portion of the grants awarded Israeli companies by the Horizon program. It looks like the sanction is designed as a warning to Israel. However, Israeli researchers point out that such sanctions, whether the decision is approved or not, and whether it is expanded later or not, also unofficially harm the reputation of Israeli science and the willingness of other scientists in Europe and beyond to collaborate with Israeli researchers.

Two weeks ago, EU foreign ministers decided to refrain from sanctions against Israel, due to its promises to immediately increase humanitarian aid to the Gaza Strip. After delays and the difficult situation in the Gaza Strip, a series of foreign ministers and senior EU officials have demanded that Israel “fulfill its commitments,” and the EU’s foreign policy chief, Kaja Kallas, has warned that “all options are on the table.” Over the past few days, Israel has expanded aid to the Gaza Strip but the move does not seem to have been sufficient to satisfy the demands of the EU.

Published by Globes, Israel business news – en.globes.co.il – on July 29, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: CommissionEuropeanIsraelrecommendssanctions
ShareTweetShare
Previous Post

EVs Linked To Motion Sickness

Next Post

fed: Fed likely to hold rates, no cuts before September: Matt Orton

Related Posts

edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

by TheAdviserMagazine
October 7, 2025
0

Talen Energy Supply, a subsidiary of Talen Energy Corporation, has secured $1.2bn in term loan B financing to support the...

edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

by TheAdviserMagazine
October 7, 2025
0

The winner of the 2025 Nobel Peace Prize will be announced on Friday in Oslo. Here are some of the...

edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

by TheAdviserMagazine
October 7, 2025
0

The Indian IT sector is under scrutiny as the earnings season kicks off. ET Now recently spoke with market expert...

edit post
KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

KPMG chief on CEOs’ uncertainty on tariffs, the emerging AI ‘hourglass’ org shape and the thing ‘that honestly keeps me up at night’

by TheAdviserMagazine
October 7, 2025
0

KPMG’s CEO Outlook survey offers an annual look behind the curtain at the issues keeping the top business leaders up...

edit post
Aehr Test Systems signals broad-based AI market growth opportunities with .5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

Aehr Test Systems signals broad-based AI market growth opportunities with $15.5M backlog and 5x manufacturing capacity increase (NASDAQ:AEHR)

by TheAdviserMagazine
October 6, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
Central banks keep buying yellow metal despite soaring price

Central banks keep buying yellow metal despite soaring price

by TheAdviserMagazine
October 6, 2025
0

Mumbai: Soaring gold prices have not deterred central banks from purchasing the precious metal as they resumed shopping in August,...

Next Post
edit post
fed: Fed likely to hold rates, no cuts before September: Matt Orton

fed: Fed likely to hold rates, no cuts before September: Matt Orton

edit post
Injective Targets  Amid Crucial Resistance Breakout Attempt

Injective Targets $25 Amid Crucial Resistance Breakout Attempt

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

0
edit post
Domino’s (DPZ) eyes sustained momentum as Q3 FY25 earnings approach

Domino’s (DPZ) eyes sustained momentum as Q3 FY25 earnings approach

0
edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

0
edit post
Higher ed groups sue over Trump administration’s 0K H-1B visa fee

Higher ed groups sue over Trump administration’s $100K H-1B visa fee

0
edit post
Military pay date may pressure Trump and Congress if shutdown drags on

Military pay date may pressure Trump and Congress if shutdown drags on

0
edit post
Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

0
edit post
Talen Energy secures .2bn in financing for two power plant acquisitions

Talen Energy secures $1.2bn in financing for two power plant acquisitions

October 7, 2025
edit post
Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro

October 7, 2025
edit post
Previous winners of the Nobel Peace Prize

Previous winners of the Nobel Peace Prize

October 7, 2025
edit post
Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

Indian IT sector: Tech sector rally: Tactical moves or fundamental shift? Insights from Sandip Agarwal

October 7, 2025
edit post
7 Big Questions Everyone’s Asking

7 Big Questions Everyone’s Asking

October 7, 2025
edit post
The hidden value of a professional real estate appraisal

The hidden value of a professional real estate appraisal

October 7, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Talen Energy secures $1.2bn in financing for two power plant acquisitions
  • Ondo’s Latest Power Move: Acquiring US Broker Oasis Pro
  • Previous winners of the Nobel Peace Prize
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.