EU

The European Union is seeking an additional €70 billion for Ukraine in 2024, following a direct appeal from President Volodymyr Zelenskyy, who highlighted the financial impact of Russia’s intensified military actions. EU leaders have tasked the European Commission with identifying ways to bridge the funding gap.

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Nvidia CEO Jensen Huang warned that Germany is lagging in the artificial intelligence race, urging faster implementation of AI by policymakers. At the upcoming Invest in Germany summit, Chancellor Friedrich Merz will announce a joint AI pact and significant funding to enhance Germany’s technological competitiveness.

Montenegro is addressing disputes with Croatia that could impact its EU accession plans by 2028. Croatia has listed grievances, including cultural heritage issues and compensation claims, while Montenegro recently enacted laws aimed at resolving some concerns. Ongoing negotiations focus on border and property disputes.

The European Union has opted not to suspend its political dialogue with Israel after failing to reach a unanimous agreement at a Council of Foreign Ministers meeting in Brussels on Monday.  EU foreign policy chief Josep Borrell proposed the suspension, citing alleged human rights violations and breaches of international law by Israel in Gaza. However, the measure required the support of all 27 member states and did not achieve consensus.  

News that the US president has allowed Ukraine to use American missiles in Russia for the first time is picked up by many European newspapers and websites this morning with many looking at the consequences of such a move. 

Domestic news also features across the splashes with reports on Spanish, French and German politics and a look ahead to this week’s G20 summit. 

Most of the major European sports pages cover the latest from the Nations League as France beat Italy and Belgium shockingly lost to Israel.

Hundreds protested near the Stade de France on Thursday as France hosted Israel in a UEFA Nations League match. The game, held under tight security, came amid heightened tensions following recent clashes in Amsterdam between Israeli football fans and pro-Palestinian demonstrators. 

European news is dominated by politics this morning with the EU’s foreign policy chief Josep Borrell suggesting suspending EU-Israel political talks as a recent report alleged Israel has violated human rights and international law in the Gaza Strip.

European leaders are preparing to boost support for Kyiv in preparation for Donald Trump as the incoming president has threatened to cut the US’ contributions.

Prosecutors in France are seeking jail time and an election ban for Marine Le Pen. If she is found guilty of misusing public funds she could be ruled out of the 2027 presidential election.

All eyes will be on the France-Israel football match amid fears of violence between clashing groups of pro-Palestine and pro-Israeli supporters attending the match. French authorities have ramped up security ahead of the game.

Germany – Europe’s largest economy – is facing political turmoil of its own following the collapse of its coalition government. The election campaigning has well and truly begun as leaders make their pitches for the snap election in February.

Elsewhere, Spain is preparing for more floods as severe weather warnings are issued.

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