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The latest news from the EU News. Headquarters is located in Brussels with our correspondents and political analyst breaking down the news piece by piece, in-depth and relevant, so you can understand the news with perspective on our dedicated news page for the latest Euro News 24 hours a day.

The UK’s leading business lobbying group, the CBI, is calling for a major reset in relations with the EU, saying the current post-Brexit setup is “no longer fit for purpose”. Ahead of a UK-EU summit on 19 May, the group has urged both sides to rebuild trust and take “practical steps” to reduce red tape, ease staff mobility, and coordinate on climate, defence and energy.

Germany’s Bundestag is poised to vote on a significant fiscal package that proposes amendments to longstanding debt policies, aiming to facilitate increased defence spending and establish a €500 billion infrastructure and climate fund.

The vote is seen as a response to Russia’s advances in Ukraine as the United States makes clear Europe can no longer rely on US protection from Russia.

Supporters of lifting the debt restrictions to boost defence spending say it’s essential for European security but there is also opposition. The decision could influence broader European defence initiatives, like the EU’s proposed €800 billion ReArm Europe fund.