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- Paris Saint-Germain wins Champions League final against Arsenal on penalties
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EU
Paris Saint-Germain successfully defended their Champions League title by defeating Arsenal in Budapest, winning 4-2 on penalties after a 1–1 draw. Ousmane Dembélé equalised from the spot, cancelling out Kai Havertz’s early goal. This marks PSG’s second consecutive triumph in Europe’s premier club competition.
EU POLICIES TODAY
This morning, the European Union highlights new tax proposals and discusses energy supply risks amid ongoing geopolitical tensions.
Key developments aim to enhance economic stability across member states.
Ukrainian President Volodymyr Zelenskyy’s decision to name a Special Operations Forces unit, Heroes of the UPA, has prompted significant backlash from Polish officials. President Karol Nawrocki expressed profound disappointment, labelling the move as detrimental to Polish-Ukrainian relations, and suggested revocation of Zelenskyy’s Order of the White Eagle.
Trade tensions between China and the European Union are escalating, as Beijing urges EU states to reconsider the “Made in Europe” legislation. This proposal aims to restrict foreign access to EU public procurement, drawing sharp criticism from China, which threatens countermeasures if deemed discriminatory.
European Commission Vice-President Roxana Mînzatu announced a new anti-poverty strategy aimed at eradicating extreme poverty and social exclusion in the EU by 2050. The initiative seeks to address the plight of 92.7 million people currently at risk, despite lacking a dedicated budget for implementation.
Hungary has returned $40 million and 9kg of gold to Ukraine’s Oschadbank, seized during a March raid amid diplomatic tensions. President Zelenskyy lauded this as a crucial step in improving relations, following Hungary’s lift of a veto that previously stalled EU financial support for Ukraine.
EU STRATEGY UPDATE
This morning, Europe prepares for key discussions on energy policy and security reforms.
Urgent measures reflect ongoing geopolitical challenges.
Donald Trump has announced a tariff increase on European cars to 25%, prompting potential retaliatory measures from the EU. This development marks a significant escalation in trade tensions between the US and Europe, with implications for both economies.
EU Trade Commissioner Maroš Šefčovič on Tuesday urged the US to adhere to the EU-US trade deal established in Turnberry, as tensions rise over proposed US tariffs on EU cars. Šefčovič emphasised the need for a swift return to a 15% tariff cap amid ongoing negotiations.
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