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EU
German MEP Engin Eroglu warned that restricting Chinese access to the EU market could destabilise China’s export-driven economy. With an unprecedented €1 billion deficit in 2026, the European Commission plans unilateral measures, including tariffs and quotas, to protect industries from the surge of low-cost imports.
The European Commission has submitted a list of EU products to the US, seeking exemptions from the 15 per cent tariffs established under the 2025 trade deal. Key items include Roquefort cheese, olive oil, and machinery, representing approximately €150 billion in exports.
EU DRONE DEAL
Today, Europe finalises a new drone production agreement with Ukraine.
This strategy aims to enhance defence capabilities amid ongoing tensions.
The National Committee for the Administration of Gaza reported productive talks in Cyprus aimed at alleviating humanitarian suffering and planning reconstruction efforts following the conflict. The committee expressed commitment to a US-backed plan and stressed the need for transparency in managing international aid, though no specific timeline was provided.
The European People’s Party (EPP) has called on Climate Action Commissioner Wopke Hoekstra to recalibrate the bloc’s Emissions Trading System (ETS) by extending free pollution allowances for heavy industry beyond 2030. The EPP insists that protecting Europe’s manufacturing base must align with emissions reductions.
The European Public Prosecutor’s Office (EPPO) is conducting raids in four countries to investigate alleged misappropriation of EU funds by the former far-right Identity and Democracy group in the European Parliament. The probe centres on the misuse of €4.3 million between 2019 and 2024.
Climate politics in Europe intensify as a second heatwave looms, following approximately 1,300 heat-related fatalities. The European Green Deal, aimed at reducing greenhouse gas emissions, faces scrutiny as reliance on air conditioning grows amid rising temperatures, challenging the balance between climate goals and urgent public health needs.
Jacob Nagel, former national security advisor to Israeli Prime Minister Benjamin Netanyahu, stated that the European Union’s pressing challenge lies within its own borders rather than external conflicts. He emphasised the strain in EU-Israel relations, particularly following Israel’s Foreign Minister severing ties with the bloc’s foreign policy chief.
Hungarian Prime Minister Péter Magyar has lifted his country’s veto on Ukraine’s EU membership bid, a shift from Viktor Orbán’s policy. However, Magyar opposes fast-tracking Ukraine’s accession and has delayed further negotiations, citing concerns for Western Balkan candidates and the implementation of minority rights agreements.
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