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EU
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.
Former French Economy Minister Bruno Le Maire advocates for a coalition of six core European nations—France, Germany, Italy, Spain, Poland, and the Netherlands—to enhance decision-making and address urgent issues, including defence and foreign policy, during the G7 summit in Évian.
EUROPE MORNING BRIEFING
A fabricated article claiming Hungary’s opposition leader Péter Magyar insulted Donald Trump is circulating online this morning, linked to a Russian disinformation operation. The ongoing campaign targets the upcoming parliamentary elections in Hungary.
EUROPE MORNING BRIEFING
The Council of the European Union sanctioned four individuals this morning for hybrid manipulation and foreign interference on behalf of Russia. Their assets will be frozen, and EU citizens are prohibited from funding them.
EUROPE MORNING BRIEFING
The European Commission has delayed a proposal to permanently ban Russian oil imports, impacting energy markets this morning. Tensions with Hungary and Slovakia persist over the Druzhba pipeline amid ongoing geopolitical challenges.
EUROPE MORNING BRIEFING
Hungary’s Foreign Minister Péter Szijjártó confirmed ongoing communications with Russian counterpart Sergei Lavrov during EU meetings. The European Commission has requested clarification amid rising political tensions ahead of Hungary’s parliamentary elections.
EUROPE MORNING BRIEFING
This morning, the European Commission confirmed provisional application of the Mercosur trade deal from 1 May, linking the EU with Argentina, Brazil, Paraguay, and Uruguay, despite ongoing legal challenges in the European Parliament.
EUROPE MORNING BRIEFING
This morning, European Commission President Ursula von der Leyen finalised a free-trade agreement with Australia, significantly reducing tariffs on EU goods and farm exports, with projected annual savings of €1 billion for the bloc.
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