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EU
French far-right leader Jordan Bardella commenced a two-day visit to Poland, aiming to forge alliances with right-wing leaders ahead of France’s presidential election. In Warsaw, he met with President Karol Nawrocki, discussing security, national borders, and the role of both nations in shaping Europe’s future.
EU leaders have reached a preliminary agreement on a €2 trillion long-term budget for 2028–2034, targeting completion by October. The bloc is navigating complex negotiations to balance funding demands from various member states, particularly concerning agriculture and defence expenditures, ahead of a new text proposal by Ireland.
EU leaders are responding to European Council President António Costa’s initiative to establish diplomatic contacts with Russia, while Sweden’s EU affairs minister offers exclusive insights ahead of discussions on the bloc’s upcoming long-term budget.
Ukrainian President Volodymyr Zelenskyy granted approval for Russia’s Victory Day parade in Moscow on 9 May, citing humanitarian reasons after US-brokered negotiations. Concurrently, US President Donald Trump announced a three-day ceasefire beginning Saturday, including a significant prisoner swap between both countries.
US Secretary of State Antony Blinken met Italian leaders Giorgia Meloni and Antonio Tajani in Rome to discuss international security. Tajani expressed Italy’s commitment to a post-war mission to Hormuz. Blinken highlighted ongoing negotiations with Iran and the challenges of unreliable allies.
The European Commission cleared Hungarian Commissioner Olivér Várhelyi of allegations related to a spying network targeting Commission staff, concluding its investigation without evidence of wrongdoing. This decision ensures Várhelyi’s position as EU Commissioner for Health and Animal Welfare ahead of Hungary’s new Prime Minister Péter Magyar’s inauguration.
The European Union’s sanctions on Russia, intended to undermine its war efforts in Ukraine, are showing signs of impact. Russia’s economy contracted by 0.3% early this year, with a ballooning public deficit and rising inflation, prompting officials, including President Putin, to seek measures for economic recovery.
EU MONITORING
EU ministers to address increasing border checks this morning.
Concerns raised over impacts on Schengen free movement.
Negotiations on the EU-US trade deal remain stalled, as the European Commission reported “progress” after late-night talks with MEPs and member state officials. Despite this, divisions persist over tariff safeguards, with further discussions scheduled for 19 May amid renewed US tariff threats.
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