EU

The Spanish government is addressing allegations regarding the use of EU pandemic funds, firmly denying misuse of European Recovery and Resilience Facility money for pensions. Amidst ongoing political pressure, officials assert that Madrid has followed proper procedures, insisting that not a single euro has been misappropriated.

Norway’s foreign ministry has revoked export licences for naval missile systems intended for Malaysia, blocking the delivery of the Naval Strike Missile. This decision, part of increased oversight on sensitive technology, has raised concerns from Malaysian officials about its impact on confidence in European defence suppliers.

EUROPE MORNING BRIEFING

This morning, tensions escalated as Iran’s new Supreme Leader vowed retaliation against the US and Israel for airstrikes. The European Union is closely monitoring developments amid ongoing military actions that have significant regional implications.

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