EU

Between 40,000 and 70,000 people marched in Brussels on 12 May, protesting against the Belgian government’s “anti-social” reforms. Organised by three major trade unions, demonstrators highlighted issues of pensions, purchasing power, and wage indexation amid rising energy prices linked to the Middle East conflict.

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The European Union plans to implement a ban on certain agricultural imports, just two weeks after the EU-Mercosur trade deal provisionally entered into force, liberalising agricultural trade despite strong opposition from farmers. This decision signifies ongoing tensions in global trade policies.

EUROPE MORNING BRIEFING

This morning, political pressure mounts within the European Union to address high electricity prices as oil surpasses $114 per barrel. The Council is advocating for urgent reforms to the carbon market to limit volatility and enhance energy infrastructure.

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