EU

The European Union is seeking an additional €70 billion for Ukraine in 2024, following a direct appeal from President Volodymyr Zelenskyy, who highlighted the financial impact of Russia’s intensified military actions. EU leaders have tasked the European Commission with identifying ways to bridge the funding gap.

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Nvidia CEO Jensen Huang warned that Germany is lagging in the artificial intelligence race, urging faster implementation of AI by policymakers. At the upcoming Invest in Germany summit, Chancellor Friedrich Merz will announce a joint AI pact and significant funding to enhance Germany’s technological competitiveness.

Montenegro is addressing disputes with Croatia that could impact its EU accession plans by 2028. Croatia has listed grievances, including cultural heritage issues and compensation claims, while Montenegro recently enacted laws aimed at resolving some concerns. Ongoing negotiations focus on border and property disputes.

Germany’s governing coalition is on the brink of collapse after Chancellor Olaf Scholz fired Finance Minister Christian Lindner, triggering a political crisis. Scholz, leader of the Social Democrats (SPD), announced that he had lost trust in Lindner, who heads the Free Democratic Party (FDP) and is part of the coalition.

Much like the UK, the newspaper front pages went to print long before the results of the US election rolled in. Some of the front pages reported on the predictions of the election whilst others left US politics off their front pages altogether. Online, most major European newspapers/news sites lead with the presidential election – here are some of the highlights. 

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