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EU
The Group of Seven convenes today to discuss critical topics, including ceasefire plans in Gaza, maritime security in the Strait of Hormuz, support for Ukraine, and strengthening sanctions against Russia’s shadow fleet. Their collective economic influence remains significant, despite limitations on binding international legislation.
Brussels is closely monitoring the inconclusive outcomes of Denmark’s snap parliamentary elections and Slovenia’s parliamentary vote. In Denmark, the ruling Social Democrats garnered only 21.8%, their lowest share in 120 years. Meanwhile, Slovenia’s election revealed a divide between pro-European and populist candidates, raising concerns about EU fragmentation.
Renew Europe’s President Valérie Hayer, speaking from Helsinki, stated, “Ukraine is not a bargaining chip,” in response to US Secretary of State Marco Rubio’s comments linking US involvement in Iran with support for Ukraine. Hayer emphasised that European focus must remain on defending Ukraine against Russian aggression.
US Ambassador to the EU Andrew Puzder praised Secretary of State Marco Rubio’s Munich Security Conference speech, calling it a positive step for the trans-Atlantic alliance. He noted significant European progress on migration policy alignment with the US, crucial amid ongoing geopolitical challenges.
Canadian Finance Minister François-Philippe Champagne attended a eurozone meeting to address global macroeconomic imbalances, emphasizing Canada’s commitment to strengthening ties with the EU amid declining US relations. Discussions will continue at G7 and G20 meetings.
Romania’s Finance Minister Alexandru Nazare expressed strong support for proposed EU measures to enhance competitiveness and investment, including a two-speed union, during an informal EU summit. This push comes as Romania aims to improve its high budget deficit ahead of euro adoption.
A series of arrests related to the killing of 23-year-old Quentin Deranque in Lyon occurred on Tuesday evening, amidst a flood of conflicting narratives and misinformation surrounding alleged suspects, as authorities work to clarify the situation.
Four suspects have been arrested following the death of French far-right activist Quentin Deranque, who suffered a brain injury during a protest against MEP Rima Hassan, stated Lyon’s public prosecutor. Tensions rise ahead of municipal elections in March.
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.
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