EU Commission President Pledges $56m to Expedite Black Sea Security Hub

European Commission President Ursula von der Leyen has pledged €50 million ($56 million) to aid Bulgaria and Romania in accelerating the establishment of a Black Sea maritime security hub. This follows recent drone attacks on cargo ships in the region.

The funding aims to strengthen the security and resilience of the Black Sea, a vital waterway for global trade and energy supplies. It will support infrastructure development, capacity building, and enhanced cooperation among regional partners.