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EU
EU lawmakers are set to suspend the EU-US trade agreement following a US Supreme Court ruling deeming 2025 tariffs imposed by President Donald Trump as illegal. EU Trade Chief Maroš Šefčovič emphasized the importance of respecting the deal amid ongoing trade tensions.
Political jostling for the European Central Bank presidency has begun, following reports of Christine Lagarde’s potential early departure. This development is significant as it could influence monetary policy amidst ongoing economic challenges.
Francesca Albanese, United Nations Special Rapporteur for the Occupied Palestinian Territories, expressed key insights during a recent interview, emphasizing the current significance of the Palestinian situation amid global political shifts and escalating tensions.
French MP Olivier Falorni, rapporteur for the proposed assisted dying bill, clarified that psychological suffering alone does not qualify for assisted dying. The bill is significant now as it approaches another National Assembly vote in February amid ongoing debates about its eligibility criteria and safeguards.
NATO Secretary General Mark Rutte announced the Arctic Sentry programme to strengthen NATO’s military posture in the Arctic amid threats from Russia and China. The initiative aims to unify operations of member nations, with the UK doubling its troop presence in Norway as part of the effort.
European lawmakers are debating the “safe third country” concept for asylum as Spain implements a regularisation plan for migrants. Juan Fernando López Aguilar, Chair of the Civil Liberties Committee, emphasised balancing control with rights, while Tomas Tobé called for efficient border management.
European Union defence ministers have approved the national investment plans of eight member states, enabling the first disbursements under the €150 billion Security Action for Europe scheme. Cyprus Defence Minister Vasilis Palmas emphasised the EU’s commitment to strengthening security amid rising defence needs.
Industry leaders, including EUROFER President Henrik Adam, demanded urgent EU action to lower high electricity prices, which threaten competitiveness and investment in energy-intensive sectors. They seek costs around €50/MWh to support decarbonisation and restore industrial capacity amid rising global competition.
Ursula von der Leyen, President of the European Commission, emphasized the need for careful implementation of a “Made in Europe” preference in public contracts, highlighting its potential to boost European production amidst rising concerns over US tariffs and Chinese trade practices.
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