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- Montenegro’s accession finances may set EU budget precedent for future members
- China and Philippines exchange blame after sailor injured in sea incident
- Saskatoon delays University Bridge reopening, increasing repair costs by £213,000
- Trump imposes 50% tariffs on Canadian hockey sticks, milk and alcohol
- Golden tongues and ancient coffins found in Egyptian tombs near Alexandria
- Spain’s national team celebrates World Cup victory in parade through Madrid
- US military conducts 10th consecutive night of strikes on Iran
- Monsoon floods in Afghanistan’s Nuristan province kill at least 20 people
EU
Montenegro’s EU accession process could establish a significant precedent for financing future enlargements, with the European Commission proposing a financial package of €3.2 billion. This amount underscores complex budget discussions as member states debate the implications for the EU’s long-term budget negotiations.
UK Prime Minister Andy Burnham has pledged political stability and support for Ukraine in his inaugural speech outside Downing Street, emphasising a plan to tackle the cost-of-living crisis. He aims for national renewal, with an immediate focus on ending rough sleeping across the country.
Around 6,000 members of Italy’s armed forces and security services marched in Rome, demanding higher pay and improved pensions. The rally, organised by defence unions, followed the government’s recent collective agreement, which many unions rejected for not adequately addressing their concerns, resulting in calls for further reforms and protections.
EU ENERGY CONTEXT
This morning, Europe faces escalating pressures on energy supply and costs amid ongoing geopolitical tensions.
Continued discussions on regulatory measures are expected.
The Global Terrorism Index 2026 highlights a troubling trend in terrorism, noting that minors and young adults now represent 42% of terror-related investigations in Europe and North America. This marks a threefold increase since 2021, indicating a rapid shift in radicalisation processes.
Under EU treaties, member states retain the right to veto decisions impacting core sovereignty, including foreign policy and taxation. However, Hungary’s repeated vetoes on issues like aid to Ukraine and sanctions against Russia raise concerns about using sovereignty claims as leverage, complicating reform efforts within the bloc.
Despite strikes and rising flight costs linked to the Iran conflict, European travel is expected to surge this Easter. EasyJet anticipates nearly 30,000 flights, marking its busiest season. However, UK and Dutch airports hold the highest parking fees, with London Stansted charging around €66 for 24 hours.
Energy Commissioner Dan Jørgensen alerted EU governments to a heightened risk of diesel and jet fuel shortages due to potential supply disruptions linked to Middle East tensions. The EU maintains approximately 100 million barrels in emergency oil reserves, but analysts warn of finite buffers amid escalating demands.
US President Donald Trump’s recent threats to withdraw from NATO have escalated following a lack of support from European allies in response to tensions in the Strait of Hormuz. Experts highlight that US law complicates any potential exit, requiring Senate approval for such a move.
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