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EU
The EU is revising the Tobacco Taxation Directive, proposing a 139 per cent increase in minimum excise duties on cigarettes. This overhaul also aims to establish EU-wide minimum taxes on vapes, heated tobacco products, and nicotine pouches, marking the most significant change in tobacco taxes in over a decade.
Wildfires are raging across Belgium, Germany, France, Croatia, Spain, and Greece amid extreme heat and dry conditions. In Belgium, a major blaze has consumed 3,000 hectares in the High Fens reserve, prompting the deployment of over 250 firefighters and international aid through the EU Civil Protection Mechanism.
Two Spanish F-18 fighter jets intercepted and destroyed an unidentified drone in Romanian airspace early on Sunday, 24 kilometres north of Galati. Defence Minister Miruta confirmed the incident, highlighting Romania’s role in the European Union’s defence and the importance of vigilance amid ongoing tensions with Russia and Ukraine.
Finance ministers from eight European member states approved national defence investment plans worth €74 billion on February 17, 2026. A spokesperson for the Cypriot presidency stated this decision facilitates affordable loans under the EU’s Security Action for Europe scheme, which aims to enhance defence procurement.
The European Commissioner for the Mediterranean, Dubravka Šuica, will attend Trump’s Board of Peace meeting focusing on Gaza, but the European Commission remains cautious about membership due to concerns over governance, amid ongoing geopolitical tensions.
NATO chief Mark Rutte stated Europe must rely on the US for defence, prompting European Commission President Ursula von der Leyen to advocate for an independent Europe at the Munich Security Conference, referencing Article 42.7’s obligations for EU member assistance.
European Commissioner for the Mediterranean, Dubravka Šuica, will attend the US President Donald Trump’s Board of Peace gathering to discuss Gaza, despite concerns over governance and charter issues, signalling continued EU engagement in post-war reconstruction efforts.
German Vice-Chancellor and Finance Minister Lars Klingbeil stated that failing to advance the digital euro is detrimental to Europe, urging swift progress ahead of a meeting with euro area ministers in Brussels. The proposal currently faces a deadlock in the European Parliament.
Danish Prime Minister Mette Frederiksen stated at the Munich Security Conference that US President Donald Trump remains “very serious” about controlling Greenland, a crucial diplomatic issue for Denmark, amid growing concerns over Arctic security dynamics following recent deals.
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