EU

France and Germany announced the abandonment of their Future Combat Air System (FCAS) joint fighter jet programme due to unresolved disagreements between companies involved. This setback hinders European defence cooperation amid rising geopolitical tensions, although development of the Combat Cloud digital network will proceed.

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During the EU-Western Balkans summit, momentum for EU enlargement was underscored by Hungary’s decision to lift its veto on Ukraine’s accession negotiations. António Costa noted that upcoming talks will showcase renewed European unity, particularly ahead of the June summit, despite ongoing challenges in the accession process.

US Ambassador to the EU Andrew Pudzer has stated that President Trump remains deeply dissatisfied with European nations over their refusal to assist during the Iran conflict. The US expects European allies to permit access to military bases, prompting questions about transatlantic reliability and damaging relations further.

The world’s wealthiest five men have more than doubled their fortune since 2020 from $405 billion to $869 billion last year, the charity Oxfam said Monday in a report published as the global elite hobnob at the World Economic Forum in Davos this week. Yet since 2020, nearly five billion people worldwide have grown poorer, Oxfam said. Pointing to the level of “staggering, obscene inequality”, Oxfam International Interim Director Amitabh Behar told FRANCE 24’s Yuka Royer that the world is “entering into an era of billionaire supremacy”.

Talking Europe interviews the EU commissioner in charge of jobs and social rights, Nicolas Schmit. He speaks to the importance of protecting workers, particularly the “gig” or “platform” workers, whose status is at the core of a dispute between the European Commission and several EU member states. He also addresses the issue of “social dumping” – people being paid below their level of skills – an issue of relevance not only to EU workers, but also to Ukrainian refugees that have been granted permission to live and work in the EU. Plus, he explains the implementation of the EU Directive on adequate minimum wages, as economic conditions in Europe threaten people’s purchasing power; especially that of poorer members of society.

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