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EU
European defence spending surged by 14% in 2025, totalling €739 billion, with Germany becoming the largest investor after increasing its budget by 24% to €97 billion. This rise comes amid US pressure for NATO members to meet 5% GDP targets by 2035, marking the highest growth since the 1950s.
Hungarian Prime Minister-elect Péter Magyar indicated that EU funds could soon be released to Hungary following productive talks with European Commission President Ursula von der Leyen. Their discussions addressed unlocking billions in frozen funding, necessary for economic support, amid a looming August deadline.
As EU countries debate the European Commission’s proposal, China is urging national governments to abandon the planned law. Beijing has warned that failure to comply will lead to countermeasures, highlighting escalating tensions between the EU and China over regulatory standards.
EUROPE MORNING BRIEFING
This morning, tensions between Washington and Brussels continue over trade policies, with US tariffs affecting EU goods. Lawmakers in the European Union await further clarity as recent probes could impact ongoing negotiations.
EUROPE MORNING BRIEFING
This morning, Europe maintains close diplomatic ties with the UAE amid escalating tensions in the Gulf. The disruption of energy supplies poses significant risks to global markets and European economies.
EUROPE MORNING BRIEFING
This morning, Kaja Kallas stated there is “no appetite” among EU member states to extend the Aspides naval mission into the Strait of Hormuz, despite increasing concerns over global oil supply disruptions.
EUROPE MORNING BRIEFING
Leaders are convening today to discuss securing the Strait of Hormuz amid rising tensions. Concerns deepen as energy prices soar, potentially impacting the European Union’s energy stability and supply chains.
EUROPE MORNING BRIEFING
A missile strike on a primary school in southern Iran has resulted in over 170 casualties, prompting international condemnation. European Union leaders urge restraint amid ongoing conflict developments this morning.
EUROPE MORNING BRIEFING
This morning, the EU foreign ministers meet to address the impact of the US-Israeli war on Iran, focusing on Europe’s energy system. Live updates from the Strait of Hormuz are expected throughout the day.
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