EU

Former Greek Finance Minister Yanis Varoufakis stated that European Commission President Ursula von der Leyen’s remarks lack substance, asserting that Europe faces a choice between federalisation or dissolution of the euro. His comments coincide with an informal EU summit focusing on eurobonds and competitiveness.

EU leaders are retreating today, according to EU editor Maria Tadeo, who outlines expected discussions on key events impacting Europe. This development is significant as it coincides with ongoing analyses of political climates affecting the EU.

Council of Europe chief Alain Berset urged European nations to provide budgetary support for a special tribunal to prosecute crimes of aggression in Ukraine, emphasizing the need for accountability amid ongoing peace talks and highlighting financial challenges in establishing the court.

The European Union is set to sign a memorandum of understanding with the United States and Japan to enhance critical minerals supply chain security within 30 days, according to Stéphane Séjourné, the EU’s industry chief. This partnership addresses urgent supply dependencies revealed in a recent EU audit.

EU lawmakers, led by German MEP Bernd Lange, agreed to resume work on the EU-US trade deal, initially suspended due to tariff threats from US President Donald Trump. The move aims to provide certainty for European businesses amidst ongoing tensions over territorial sovereignty.

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