EU

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.

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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.

EUROPE MORNING BRIEFING

This morning, European Union leaders convene in Brussels to discuss the ongoing conflict in the Middle East, energy crises, and Hungary’s veto on financial support for Ukraine.
Former US official John Bolton criticises the EU’s approach to the Iran situation.

EUROPE MORNING BRIEFING

Humanitarian funding continues to decline, with Germany and Sweden announcing significant budget cuts this morning. The EU’s negotiations for its 2028-2034 budget will see a proposed 75% increase in development aid dedicated to Ukraine and other candidate countries.

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