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EU
Experts in Sweden have cautioned that the government’s climate policy undermines efforts to cut CO₂ emissions from transport by 70 per cent by 2030, while aiming for net-zero emissions by 2045. This warning coincides with a recent protest regarding these critical environmental targets.
EU ENERGY MATTERS
Europe grapples with surging gas prices following record low storage levels this morning.
Member states seek coordinated responses to mitigate impact.
European Parliament President Roberta Metsola has paid tribute to Siim Kallas, the former Estonian Prime Minister and European Commission Vice-President, who died at 77. Metsola acknowledged Kallas’s pivotal role in Estonia’s state-building and currency introduction, extending condolences to his family, including daughter Kaja Kallas.
Hungary’s recent reforms under Prime Minister Péter Magyar aim to restore the rule of law, the European Commission reported. Key developments include joining the European Public Prosecutor’s Office and dismantling the controversial Sovereignty Protection Office, reflecting significant progress in anti-corruption measures and judicial independence.
German MEP Engin Eroglu warned that restricting Chinese access to the EU market could destabilise China’s export-driven economy. With an unprecedented €1 billion deficit in 2026, the European Commission plans unilateral measures, including tariffs and quotas, to protect industries from the surge of low-cost imports.
The European Commission has submitted a list of EU products to the US, seeking exemptions from the 15 per cent tariffs established under the 2025 trade deal. Key items include Roquefort cheese, olive oil, and machinery, representing approximately €150 billion in exports.
EU DRONE DEAL
Today, Europe finalises a new drone production agreement with Ukraine.
This strategy aims to enhance defence capabilities amid ongoing tensions.
Hungary’s parliament has approved a constitutional amendment to remove President Tamás Sulyok from office, amid allegations from Prime Minister Péter Magyar that Sulyok serves as a puppet for Viktor Orbán. Sulyok, however, claims the amendment is unconstitutional and remains firm in his position.
The EU has imposed sanctions on VK Company for facilitating the repression of dissent against President Vladimir Putin and his actions in Ukraine. In response, VK stated that its services continue to operate normally for users.
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