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EU
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
The European Commissioner for Agriculture and Food, Christophe Hansen, has warned that food scarcity is imminent in the EU without long-term solutions for fertiliser supply. Rising fertiliser prices, exacerbated by geopolitical conflicts, have led to the introduction of a Fertiliser Action Plan, which allocates over half a billion euros in immediate farmer support.
Bulgaria’s Prime Minister Rumen Radev announced that the country will stop providing army weapons to Ukraine, advocating instead for a diplomatic resolution to the conflict. While Bulgaria’s defence industry will continue supplying ammunition, Radev emphasised the need for peaceful negotiations over further military aid.
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.
Romania is currently grappling with significant economic challenges, including one of the highest budget deficits in the EU, soaring inflation, and a technical recession. This prolonged period of instability poses critical questions for the country’s financial future and governance.
European Commissioner for Trade Maroš Šefčovič is in Paris for critical discussions with US Trade Representative Jamieson Greer amid rising tensions over US tariff threats on European cars. French MEP Aurore Lalucq voiced scepticism towards US trustworthiness following a contentious trade deal, with further negotiations planned.
A car drove into pedestrians in Leipzig, Germany, on Monday, resulting in one death and several injuries, as confirmed by local authorities. The 33-year-old driver, described as “psychologically conspicuous,” has been arrested. Police stated there is currently no further danger from the suspect.
Gangland shootings in Sweden have claimed 23 innocent lives and injured 30 over the last three years, highlighting the nation’s struggle with violent crime. Authorities attribute the violence to young perpetrators targeting rivals, with rising recruitment of underage individuals by gangs using social media.
Austria has expelled three Russian Embassy employees suspected of espionage, reportedly using antennas to intercept data from international organisations in Vienna. Foreign Minister Beate Meinl-Reisinger stated that diplomatic immunity must not shield espionage activities, underscoring Austria’s commitment to tightening its espionage laws.
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