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EU
A Russian ballistic missile hit Kyiv’s CHP-4 power plant, prompting President Zelensky to criticise Western allies for not providing advance warning. This strike occurred despite former President Trump’s assertion that an energy ceasefire was in effect.
Russian ballistic missiles struck Kyiv on Monday night, with no advance air-raid warning provided to residents. President Volodymyr Zelenskyy emphasised the critical need for timely intelligence to save civilian lives, amid speculation regarding potential US intelligence-sharing cuts, which both Ukrainian and European officials have disputed.
Ukraine’s parliament approved a law enhancing minority rights, aimed at improving relations with Hungary and facilitating EU accession talks. The legislation, endorsed by 266 deputies, strengthens protections for minority languages, particularly benefiting the 100,000 ethnic Hungarians in Transcarpathia. Diplomats anticipate further progress in negotiations with Hungary.
European defence spending surged by 14% in 2025, totalling €739 billion, with Germany becoming the largest investor after increasing its budget by 24% to €97 billion. This rise comes amid US pressure for NATO members to meet 5% GDP targets by 2035, marking the highest growth since the 1950s.
Hungarian Prime Minister-elect Péter Magyar indicated that EU funds could soon be released to Hungary following productive talks with European Commission President Ursula von der Leyen. Their discussions addressed unlocking billions in frozen funding, necessary for economic support, amid a looming August deadline.
As EU countries debate the European Commission’s proposal, China is urging national governments to abandon the planned law. Beijing has warned that failure to comply will lead to countermeasures, highlighting escalating tensions between the EU and China over regulatory standards.
EU FOCUS THIS MORNING
Europe addresses ongoing energy and security challenges
as imminent discussions on sanctions and reforms continue.
The European Parliament has adopted its stance on the EU long-term budget, advocating for a 10% increase and the implementation of EU-level taxes. Members of the European Parliament are prepared for rigorous negotiations as discussions regarding the budget for the 2028-2034 cycle progress.
Relations between Hungary and its neighbours deteriorated ahead of the 12 April election, which saw newcomer Magyar defeat long-standing nationalist leader Viktor Orbán. This political shift marks a significant change in Hungary’s approach to regional relations and governance.
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