- Ukraine: European countries sign up to special tribunal plan
- IDF launches extensive airstrikes on Hezbollah targets in southern Lebanon.
- £25,000 for My Court Transcript: The Hidden Costs of VAWG | News UK
- French authorities confine British cruise passengers amid norovirus outbreak
- Spain denies using EU pandemic funds for pensions amid political scandal
- Xi Jinping warns Donald Trump against confrontation during Beijing talks
- Lukaku Named in Belgium’s World Cup Squad Despite Injury Shortcomings
- Mahmoud Khalil’s Lawyers Urge Court to Halt Deportation Over New Evidence
LIVE German 2025 Election Results as they come in and analysi on who will be the next German Chancellor.
Knowledge Hub
Global Reaction to DE Elections
When are the German Elections?
The Elections are on Sunday the 23rd of Feb 2025
Why are they having a snap election?
The German coalition government failed a no confidence vote
Do Germans vote?
Germans vote in big numbers, usually as high 70+ percent voter turnout
Ukraine: European countries sign up to special tribunal plan
Ukraine: European countries sign up to special tribunal plan
In a significant diplomatic shift, European countries have announced their commitment to establishing a special tribunal aimed at prosecuting Russian war crimes in Ukraine. This initiative stems from discussions involving officials from various EU member states, reflecting a united front in reinforcing accountability mechanisms for the ongoing conflict. The move signals an escalation in collective European efforts to address wartime atrocities and could have wide-ranging implications for international law frameworks.
On the economic front, the EU’s push to tighten sanctions on Russia is expected to further strain energy markets, with analysts predicting potential disruptions. As the bloc prepares for another round of discussions, stakeholders should closely monitor upcoming leaders’ summits that may shape energy supply strategies and sanctions protocols in the wake of these developments.
Key developments across Europe
Nato to press Europe’s arms makers to boost investment and production
EU DEFENCE — NATO is urging European arms manufacturers to increase their production capabilities.
With the ongoing conflict in Ukraine, NATO emphasises the need for enhanced armaments and munitions supplies. This push aims to ensure that European nations maintain adequate military readiness in response to contemporary challenges.
One journey, one ticket, full rights: Commission simplifies Europe-wide travel booking and train travel
EU BUSINESS — The European Commission has announced streamlined procedures for travel within the EU.
This initiative is designed to facilitate easier booking processes for European travel. It aims to enhance consumer rights, ensuring that travellers can access a seamless and efficient journey across member states.
Spain’s alleged misuse of post-Covid funds sparks fury in frugal northern EU
EU ECONOMY — Spain faces criticism for the alleged misallocation of EU recovery funds.
The accusations have created tension between southern and northern EU states, as frugal members express concerns over financial integrity. This situation may jeopardise future allocations and aid from European recovery initiatives.
Five countries push back against Commission’s electric grid plans
EU ENERGY — Five EU nations are opposing the European Commission’s electric grid proposals.
The countries have expressed their concerns about the impact on national energy policies and regional energy security. This resistance may lead to significant negotiations regarding energy infrastructure investment across the EU.
What to watch — Watch for further developments on the EU’s travel reforms as implementation progresses across member states.
Further reading from across European news sources
Financial Times
Nato to press Europe’s arms makers to boost investment and production
Politico Europe
Spain’s alleged misuse of post-Covid funds sparks fury in frugal northern EU
Reuters
Hungary’s visa halt plan for non-EU workers alarms businesses
The Guardian
EU carmakers pave way for Chinese rivals as balance in market shifts
Euronews
Five countries push back against Commission’s electric grid plans
IDF launches extensive airstrikes on Hezbollah targets in southern Lebanon.
IDF launches extensive airstrikes on Hezbollah targets in southern Lebanon.
In a significant escalation of military actions, the Israeli Defence Forces have launched a series of airstrikes in southern Lebanon, resulting in at least six fatalities, which include paramedics. This operation follows ongoing tensions between Israel and Hezbollah amid international efforts to mediate a ceasefire. US officials have announced a temporary extension of the ceasefire, although this conflict risks exacerbating the already volatile situation in the region, affecting humanitarian operations and civilian safety. For more on the implications of the Israel-Lebanon crisis, visit our global news coverage.
The economic repercussions of this conflict are becoming evident, as energy prices rise in anticipation of supply disruptions in the region. Market analysts are closely monitoring these developments, with potential consequences for global oil prices. Investors will be watching the upcoming discussions among international leaders, scheduled for next week, which could shape future diplomatic efforts in the region.
Key developments across the world
At least six killed, including paramedics, in Israeli strike on civil defense center in southern Lebanon
GLOBAL SECURITY — An Israeli airstrike in southern Lebanon has resulted in at least six fatalities.
The strike targeted a civil defense facility, with reports confirming that among the deceased are paramedics. This escalation comes amid heightened tensions and threats in the region as the US attempts to mediate between conflicting parties.
Lebanon says six killed in Israeli strike as US announces ceasefire extension
DIPLOMACY — The United States has announced an extension to a ceasefire amid ongoing violence in Lebanon.
This announcement follows an Israeli strike that killed six individuals, adding pressure to diplomatic efforts aimed at de-escalating tensions in the region. The situation remains volatile, with ongoing discussions between US officials and regional leaders.
IDF announces wave of strikes on Hezbollah in south Lebanon after warnings
GLOBAL SECURITY — The Israel Defense Forces (IDF) have launched a series of strikes on Hezbollah in southern Lebanon.
These strikes follow earlier warnings issued by Israel concerning Hezbollah’s activities and are part of a broader military response to perceived threats. This escalation marks a significant intensification of military operations in the region.
Lebanon says six killed in Israeli strike as US announces ceasefire extension
INTERNATIONAL LAW — At least six people have been reported killed in an Israeli strike as human rights concerns are raised.
The strike has drawn criticism for potentially violating international law, particularly regarding the protection of civilians in conflict zones. Advocacy groups are calling for investigations into the incident and heightened scrutiny of military actions in Lebanon.
Trump leaves China without breakthroughs on Iran, Taiwan or AI
DIPLOMACY — Donald Trump‘s recent visit to China did not yield significant agreements on major global issues.
Despite discussions that were framed as positive, there were no concrete outcomes on key areas such as Iran, Taiwan, or AI technology. This disappointment reflects ongoing tensions and the challenge of achieving diplomatic progress in complex international relations.
What to watch — Monitor developments in the Middle East as military actions intensify and ceasefire negotiations continue.
Further reading from global news sources
Financial Times
What did Donald Trump achieve in talks with Xi Jinping?
BBC News
Trump and Xi conclude ‘very successful’ talks but few deals confirmed
The Guardian
Trump leaves China without breakthroughs on Iran, Taiwan or AI
Al Jazeera
Two killed as Israel ramps up southern Lebanon attacks ahead of US talks
£25,000 for My Court Transcript: The Hidden Costs of VAWG | News UK
Get you up to speed: “£25,000 for My Court Transcript: The Hidden Costs of VAWG | News UK”
Survivors of violence against women, like Flora, face significant financial and professional setbacks, underscoring the broader economic implications highlighted by the Office of National Statistics.
Former Safeguarding Minister Jess Phillips emphasised that the economic burden of violence against women significantly affects society, as the government invests £13 million to support survivors.
Flora received £35,000 from the Crown Prosecution Service, highlighting the significant financial ramifications of violence against women, as emphasised by the government’s ongoing support initiatives.
What we know so far
Flora, a 33-year-old woman, continues to face significant personal and professional challenges nearly a decade after she was raped in 2017. The assault has left lasting emotional scars, compounded by financial and workplace ramifications that are often overlooked in discussions about violence against women and girls (VAWG).
According to the Office of National Statistics (ONS), 21% of women who reported rape or assault by penetration between March 2017 and March 2020 had to take time off work, while 5% lost their jobs. Flora, who worked in her family’s business, found that her inability to return to a front-of-house role forced her family to hire additional staff, highlighting the broader economic implications of such crimes.
After an error led to the dismissal of her case by the Crown Prosecution Service (CPS), Flora received £35,000 in damages but experienced severe emotional distress. She reported struggling with mental health issues, including suicidal thoughts, and took a significant step down in her career, which she described as demoralising. Despite a recent return to a more senior role, the damage to her career progress remains irreparable.
Dr Sara Reis from the Women’s Budget Group emphasised that survivors of domestic abuse often face ongoing financial abuse, hindering their job prospects. Research indicates that women who experience sexual violence see marked declines in their earnings and career progression. Such long-term impacts can extend beyond individual lives, significantly affecting the economy as a whole.
The government has pledged £13 million towards initiatives aimed at addressing VAWG, but many advocates argue that more resources are needed to effectively combat this pervasive issue and support survivors.
Read in full
‘It would have cost £25,000 to see my court transcript’: The hidden cost of VAWG | News UK
‘I used to be a happy-go-lucky person – really positive and just got my teeth stuck into life,’ 33-year-old Flora* tells WTX.
Then, in 2017, she was raped in her sleep.
‘My love for life completely flipped after the incident,’ she remembers. ‘I lost myself mentally, physically and emotionally and gained weight from overeating and drinking a lot of alcohol.’
Nearly 10 years on, Flora is still feeling the impact of the assault in many ways – but there is one aspect that she believes is rarely talked about.
According to the Office of National Statistics (ONS), out of all the women who reported rape or assault by penetration (including attempts) between March 2017 and March 2020, 21% said they had to take time off work and 5% reported losing or giving up their job.
While understandably the long-term emotional and physical effects are often the predominant focus in conversations surrounding VAWG, many survivors feel the lingering financial and professional ramifications of these crimes – and the impact on the larger economy – is often overlooked.
‘I was fortunate that I worked for my family’s business, which allowed me to prioritise my mental health, but it had a wider impact on the company,’ Flora explains. ‘I couldn’t face my front-of-house role after the assault, so my family had no choice other than to hire more people.’
Three years after the incident, she moved back to London to start a new job and prepared herself for the upcoming trial by booking compassionate leave around the dates, only for the criminal case to be dropped days before the start date.
When lawyers for the defence claimed that Flora had ‘sexsomnia’ – for which she later spent £1,850 on sleep consultations to prove that she didn’t have it for her own peace of mind – the Crown Prosecution Service (CPS) closed the case.
Her assailant was also formally acquitted because the case was dismissed just a few days before the trial. Without compelling new evidence, it can now never be reopened – which means Flora will potentially never see justice.
This Is Not Right
On November 25, 2024 WTX launched This Is Not Right, a campaign to address the relentless epidemic of violence against women.
With the help of our partners at Women’s Aid, This Is Not Right aims to shine a light on the sheer scale of this national emergency.
You can find more articles here, and if you want to share your story with us, you can send us an email at [email protected].
Read more:
After admitting that they made an error in dismissing her case without taking it to trial, the CPS awarded Flora £35,000 in damages, however, the emotional impact was cataclysmic.
‘Two weeks later, everything sunk in and it took me back to day one of being raped and the emotional, mental and physical state I was in,’ she recalls. ‘Knowing there’s a rapist out there with no accountability made me spiral. I was completely broken, but this time it felt 10 times worse.’
For the first time in her life, Flora felt suicidal and had to seek emergency help. When she tried to return to work in June 2021, she was signed off for six monthson mental health leave. After attempting a slow-phased return, sadly, Flora realised she could no longer cope with her managerial position.
‘I could barely manage myself, let alone a team, so I took a demotion,’ she says. ‘To go back to where I’d started in the job was very demoralising, and obviously a financial hit too.’
While she’s now returned to a more senior role, Flora knows she can never get back those lost years of career progression.
From March 2021-22 in England and Wales, 798,000 women were the victims of sexual assault, while 1.6 million women experience domestic violence. With only one in six women reporting rape and even fewer reporting instances of street harassment, the real figure – and financial impact – of VAWG is likely higher.
While the costs are too complex to itemise, every incident comes at a price, and the UK government estimates that the cost to the country was around £66 billion for the year ending 2017, including healthcare, social victim services, housing, and the lost economic output of survivors.
To break it down, each NHS appointment is between £30 and £40 per consultation, a specialist police service can cost up to £100 per hour and it takes thousands of pounds to hold a trial. Alongside the expense to the state and career impacts, there are also plenty of other ‘hidden’ levies, such as private therapy, new phones if the police have victims’ in evidence, and security systems for peace of mind.
‘Some forms of VAWG, like domestic abuse, can also involve financial abuse, including the man restricting or sabotaging the woman’s ability to have a job and wider social contacts,’ adds Dr Sara Reis, deputy director and head of research and policy for Women’s Budget Group.
‘Survivors of domestic abuse are therefore more likely not to have had a job and so when leaving the abusive relationship, they may struggle getting back into the labour market, particularly if they have children and have to arrange childcare.’
Nuffield Professor of Economics at Oxford University, Abi Adams, has conducted groundbreaking research into the economic costs of VAWG, focusing on Finnish data.
She tells WTX: ‘Perpetrators of violence in the workplace are less likely to end up leaving the firm and losing their job than the victim, and the suicide rate quadruples for survivors of sexual assault.’
According to Professor Adams, the data also shows that ‘women who are raped have 26% lower earnings in the five years’ after an assault compared to women who had identical career trajectories and identical mental health right up to the assault.’
The research also demonstrates how it can impact women who experience assault before they even enter the workforce. ‘Those in their late teens and early 20s are almost a third less likely to complete university,’ she adds.
Anu Verma, a trauma therapist and survivor of childhood sexual abuse, says that she experience low self-worth which impacted her ‘schoolwork and career path,’ she tells WTX.
‘I remained in lower-paid jobs because I didn’t feel I deserved anything more.’
Anu now sees the same story repeatedly played out with her clients, who struggle to fulfil their potential after abusive experiences have shredded their self-confidence.
For Charlotte*, a major financial outcome appeared in the form of trying to access court transcripts. After enduring a Magistrate’s court trial in which she was grilled for over four hours, Charlotte’s alleged perpetrator was found not guilty. However, as she had been advised by her legal team not to stay in the room after her testimony, she didn’t know how the remainder of the trial had gone.
‘I just didn’t understand how they reached that verdict,’ she tells WTX. ‘Eventually, I asked if I could have the transcripts to read what was said.’
However, what Charlotte didn’t know was that typically they cost between £0.74 and £2.30 per 72-word folio, which could result in a price tag of over £25,000 for a full trial transcript. ‘I was immediately told that they would cost thousands of pounds, which I didn’t have, so I wasn’t able to get them,’ she says.
Charlotte’s trial had been held in the magistrate’s court where proceedings are never recorded and notes are only kept from three to six years. When she was finally able to ask for closure, she discovered they had already been deleted.
In a bid to stop it from ever happening again, Charlotte launched the campaign Open Justice For All, to fight for all crime victims to get their notes for free. A pilot scheme which was launched in May 2024 now allows victims of rape and serious sexual offences to apply for transcripts of judges’ sentencing remarks at no cost – marking a huge win for the initiative.
Talking about the government’s 2024 pledge to halve VAWG in 10 years, which has seen them invest £13million so far, the government’s former Safeguarding Minister Jess Phillips tells WTX: ‘The plague of violence and women and girls continues to scar victims up and down the country, and also brings a significant economic burden for our society. We are committed to supporting survivors to raise awareness and ease the burden of hidden costs.’
But those working in the sector are well aware that there is no ‘magic money tree’.
‘At the end of the day, the government has a budget constraint,’ Professor Adams points out. ‘There’s a finite amount of money and resourcing, and what we want to understand is, where should that be going?’
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French authorities confine British cruise passengers amid norovirus outbreak
Get you up to speed: French authorities confine British cruise passengers amid norovirus outbreak
A 92-year-old male guest, who is understood to be British, died on the Ambassador Cruise Line ship, with health authorities now testing for norovirus after multiple passengers exhibited symptoms. French health officials have confined approximately 1,700 tourists and crew on the vessel in Bordeaux, southwestern France, following concerns over the death.
A British passenger, a 92-year-old male, died on the Ambassador Cruise Line ship on May 10, and the cause of death is yet to be confirmed by the coroner, according to the company. French health officials have placed 1,700 individuals on the ship under confinement as a precaution following the suspected norovirus outbreak affecting dozens of passengers.
Following the suspected norovirus outbreak, health authorities have collected samples for testing from the Ambassador Cruise Line ship in Bordeaux. The ship had been released around 9pm, and passengers were given the green light for shore trips on the following day.
Cruise ship passenger dead after ‘norovirus outbreak’ on board | News World
A British passenger has died and dozens are ill following a suspected norovirus outbreak on a cruise ship with nearly 2,000 people on board.
French health officials have confined 1,700 tourists and crew on the Ambassador Cruise Line ship in Bordeaux, southwestern France, after concerns over a passenger’s death.
Dozens of people are showing symptoms of the sickness bug, which causes vomiting and diarrhoea.
The Ambition vessel, with the majority of the passengers from Britain or Ireland, docked near Bordeaux yesterday, where health authorities embarked to collect samples for testing.

Passengers and crew have been confined on the cruise ship near Bordeaux after a death thought to be linked to norovirus (Picture: Alamy Stock Photo)
Ambassador Cruise Line told WTX that a 92-year-old male guest on the ship passed away on Sunday. May 10.
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The passenger, who is understood to be British, died before the ship arrived in Brest.
Ambassador Cruise Line said the passenger didn’t report any gastroenteritis symptoms, and the cause of death is yet to be confirmed by the coroner.
A further 49 people have shown symptoms of the highly infectious illness, which can spread through surfaces and on contact. This is around 2.9% of people on board the vessel.

Passengers from the hantavirus-stricken cruise ship, MV Hondius, were sprayed down with disinfectant after disembarking at Tenerife on Sunday (Picture: AP)
Cases reported on board increased after more guests embarked from Liverpool on Saturday, May 9, Ambassador Cruise Line said.
Ambassador said in a statement: ‘We are providing every support to the deceased’s friends and family and extend our most sincere condolences to them at this difficult time.’
The company said any illnesses aboard are taken ‘extremely seriously,’ and that enhanced sanitation and prevention measures were immediately put into place across the ship in line with public health procedures.
‘The comprehensive health and safety measures introduced include increased cleaning and disinfection measures in public areas, assisted service in selected dining venues and ongoing guidance to guests regarding hand hygiene, including regular hand washing, use of hand sanitisers and the prompt reporting of any symptoms to the onboard medical team,’ Ambassador Cruise Line said.
All passengers and crew were told to stay on board the cruise as per instructions from the French authorities.
The ship and passengers were released at about 9pm yesterday, and guests were given the go-ahead for shore trips today.
Health authorities and the cruise operator said the incident had no links to hantavirus.
One woman on board said the passengers have been ‘enjoying themselves.’
Cheryl, from Dublin, told The Journal: ‘Everybody is enjoying themselves on board here and myself and my mam are loving life and enjoying the nightlife and entertainment they have to offer us. The rooms are beautiful and staff are all very friendly.
‘Just hope we get to head off from here soon.’
The cruise ship had left the Shetland Islands on May 6 before stopping in Belfast, Northern Ireland.
From there, it continued to Liverpool and to Brest in western France before heading to Bordeaux.
It was due to travel on to Spain before the suspected infection put a stop to the journey.
An FCDO spokesperson said: ‘We are in contact with the local authorities and stand ready to provide consular assistance to any British nationals affected.’
Meanwhile, the passengers from the hantavirus-stricken MV Hondius cruise were evacuated earlier this week following their journey from Argentina and the South Atlantic to Tenerife, where the ship was able to dock on Sunday.
British passengers were tested and evacuated to a hospital in Merseyside, while the cruise ship continued to the Netherlands for disinfection carrying the body of a German tourist who had died of a suspected hantavirus infection.
Officials from dozens of countries rushed to trace people who may have been in contact with passengers from the cruise after some people disembarked on their own on the island of St Helena.
Ten people from the remote St Helena and Ascension Island, which are British overseas territories, were later flown to the UK to self-isolate as a precaution after they had contact with infected passengers.
The World Health Organisation and experts insist that hantavirus is not like Covid-19 after mounting concern over the deadly illness.
Over the weekend, the Caribbean Princess cruise was hit with a viral norovirus outbreak, with more than 100 passengers falling ill.
The massive ship carrying 3,116 passengers and crew was on its way to the Dominican Republic when the violent sickness bug ripped through it.
What are the symptoms of norovirus?
The norovirus bug causes stomach inflammation (acute gastroenteritis).
It is spread through contact with contaminated surfaces, faeces, vomit or coming to direct contact with an infected person.
You might experience the following if you have been infected:
Feeling sick (nausea)
Diarrhoea
Being sick (vomiting)
These last two may even occur at the same time, which gives norovirus its notoriety as an illness you don’t want to get
You might also experience a high temperature, headaches and aching arms and legs
Are you on the Ambassador Cruise ship in Bordeaux? Please contact [email protected].
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Spain denies using EU pandemic funds for pensions amid political scandal
Spain denies using EU pandemic funds for pensions amid political scandal
The Spanish government is denying allegations that it used EU Recovery and Resilience Facility funds to finance pensions for November 2024.
The controversy arises as Brussels prepares for negotiations on the next Multiannual Financial Framework, impacting future proposals for shared financing and highlighting divisions between northern and southern member states.
“Not a single euro of EU money has been misused,” insisted a spokesperson for the Spanish government amid ongoing scrutiny regarding the use of EU pandemic funds.
Key developments
The Spanish government has categorically denied allegations that it mismanaged EU pandemic funds to finance pensions, asserting that no European money has been misused. The government claims the accusations are politically motivated.
Reports by a Spanish budget watchdog indicated that the government led by Pedro Sánchez had linked EU funds to pension financing for November 2024, prompting scrutiny from the European Commission which sought clarification from Madrid.
Despite Madrid’s reassurances, the political controversy persists. The opposition People’s Party has called for Sánchez to testify before Congress, reflecting growing tensions over budgetary accountability as Spain grapples with a fragmented parliament.
Spanish row over EU cash fuels north–south tensions ahead of tough budget talks

The Spanish government is seeking to contain a scandal linked to EU pandemic funds, categorically denying that it used European money to pay pensions, as member states prepare for tough budget talks amid deep divisions over how funding should be allocated.
An official in Madrid with direct knowledge of how EU funds are structured told EU News that a technical matter is being instrumentalised in a way that is “simply false”, accusing the opposition of playing politics over what it describes as an accounting issue.
A Spanish budget watchdog reported earlier this month that the government led by Pedro Sánchez used budget credits linked to the EU’s Recovery and Resilience Facility (RRF), an economic plan largely funded through common debt to revitalise the bloc’s economy after Covid, to partly finance Spanish pensions in November 2024.
Madrid insists it did not breach the rules.
The European Commission asked Madrid for clarification after initial newspaper reports, according to a person familiar with the matter. It did not issue a follow-up request once Madrid provided an explanation and Spanish authorities consider the issue closed.
However, the political scandal lingers, even as Madrid insists that “not a single euro” of EU money has been misused amid backlash in the so-called frugal countries. Spain and Italy were the biggest beneficiaries of the €750 billion recovery fund approved in summer 2020 after difficult talks.
In Madrid, the opposition People’s Party has demanded that Sánchez appears before Congress to explain the matter. The issue is also making waves in the European Parliament, with strong reactions from conservative lawmakers.
“If these allegations are confirmed, we are facing a serious abuse of European taxpayers’ money,” wrote Tomáš Zdechovský (Czechia/EPP), an influential centre-right member of the European Parliament‘s budgetary committee, on X. “Europe cannot tolerate any misuse of recovery funds.”
“Is €10 billion in EU funds, intended for recovery after the pandemic, quietly being used to help pay Spanish pensions? It would confirm our worst fears about these funds,” said Dirk Gotink (The Netherlands/EPP).
Madrid sources insist the issue is orchestrated for political purposes.
A government official pointed to the country’s economic performance and pushed back against the frugal-versus-south narrative, which often presents the wealthier north subsidising the weaker south. “Spain is the fastest growing economy in Europe, Germany is not paying our pensions,” said a second Madrid official.
The incident does, however, underscore the additional complications the country is facing due to its inability to approve a budget in a fragmented parliament. After failing to deliver a fresh budget for 2025, Madrid was forced to roll over a plan last approved in 2023.
A fight over the EU’s financial future
The timing of the controversy is particularly sensitive.
Brussels is preparing to launch negotiations on the next Multiannual Financial Framework (MFF), the EU’s seven-year budget for 2028–2034, and a central question will be what to do with the roughly €750 billion in joint debt accumulated by the recovery plan.
That programme was the largest and most politically consequential collective borrowing exercise in EU history. Whether it is ultimately seen as a success or a cautionary tale will inevitably shape how member states approach future proposals for shared financing.
Spain, the second-largest recipient of the initiative’s funding with a total of around €60 billion cashed in, has been among the most vocal advocates for an ambitious European budget and a permanent mechanism to pool financing needs.
Spanish Finance Minister Carlos Cuerpo has argued that pooling national debt at the EU level could generate annual savings of up to €25 billion.
Cuerpo, who is now Sánchez’s number two in government, echoed remarks made by France, Mario Draghi and a number of European intellectuals calling for a “more efficient” borrowing mechanism that allows the EU to tap into the European Commission’s triple-A rating and lower financing costs for all 27 member states.
While the European Commission’s current budget proposal does not include new borrowing, a contentious debate lies ahead over how to finance the repayment of existing recovery debt. Frugal northern countries like the Netherlands and Germany favour strict repayment schedules, even if that means cuts to other spending programmes.
On Thursday, German Chancellor Friedrich Merz reiterated his country’s opposition, even if the German central bank has been more nuanced about both the benefits and risks of pooling debt.
Southern member states, including France and Greece, are pushing to roll over debt accumulated during the pandemic, with President Emmanuel Macron describing calls for early repayments as “idiotic”. Paris advocates for a European safe-asset mechanism.
A European official supportive of the plan said the Spanish controversy is being weaponised not so much against Madrid, but against proposals put forward by southern countries ahead of budget talks.
“I wouldn’t be surprised if this is used to kill the rollover proposal,” the diplomat said.
European leaders will discuss the MFF when they meet in Brussels next month for a scheduled summit.
Xi Jinping warns Donald Trump against confrontation during Beijing talks
Get you up to speed: Xi Jinping warns Donald Trump against confrontation during Beijing talks
Xi Jinping issued a warning about the risk of a possible clash between China and the United States during talks with Donald Trump in Beijing. The discussions included the importance of cooperation, with Xi stating, “China and the United States both stand to gain from cooperation and lose from confrontation.”
During his discussions in Beijing, Xi Jinping emphasised that “there are no winners in trade wars” and encouraged Donald Trump to sustain the beneficial economic ties they have developed. According to the White House, Trump is aiming for measurable outcomes regarding trade commitments during this three-day visit, potentially including a Chinese promise to purchase US soybeans, beef, and aircraft.
Trump aims to secure tangible results from his visit, with potential announcements on trade, including a Chinese commitment to purchase US soybeans, beef, and aircraft. Additionally, the Trump administration is working towards establishing a Board of Trade with China to address commercial differences.
Xi Jinping gives Trump thinly veiled threat at China summit | News World
Xi Jinping issued what appeared to be a thinly veiled threat to Donald Trump during a US trip to Beijing this week.
Trump opened talks by telling Xi it was an ‘honour’ to be his friend, even as his Chinese counterpart offered a cautionary warning about the risk of a possible clash between the two nations.
‘China and the United States both stand to gain from cooperation and lose from confrontation,’ Xi said.
‘We should be partners, not rivals. We should help each other succeed and prosper together and find the right way for major countries to get along well with each other in the new era.’
Xi also said he hoped the two nations could ‘transcend the ‘Thucydides Trap’ and forge a new model for relations between major powers.’
What is the Thucydides Trap?
The Thucydides Trap, a term popularised by American political scientist Graham T Allison, refers to the high risk of war when an emerging power – in this case, China – replaces another.
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The two leaders still differ on many key issues, including the war in Iran, trade disputes and Washington’s relationship with Taiwan.
But in remarks before their meeting at the Great Hall of the People, Trump lauded the Chinese president, telling him: ‘You’re a great leader. Sometimes people don’t like me saying it, but I say it anyway, because it’s true.’

Talks have been focused on trade and economy (Picture: Shutterstock)
Economic ties between China and the US are mutually beneficial, Xi told Trump during their talks.
The Chinese president added that there are no winners in trade wars and encouraged the president to join him in sustaining the good momentum they have worked hard to build.
The pair chatted after Trump and his US delegates were greeted with a welcome salute and band.
Trump is set to visit the Temple of Heaven, a religious complex dating to the 15th century that symbolises the relationship between heaven and earth.
The White House has insisted that Trump would not be making the trip without an eye toward securing results before he leaves.
There could be announcements coming on trade, including a Chinese commitment to buy US soybeans, beef and aircraft.

The visit has been filled with pomp and circumstance (Picture: Shutterstock)
Trump administration officials also want to work toward establishing a Board of Trade with China to address commercial differences between the countries.
But neither side has yet to offer concrete details on what might come of the three-day visit, at a time when Beijing’s close economic ties to Iran could complicate matters.
Looming large is the status of Taiwan, given that China is displeased with US plans to sell weapons to the self-governing island that the Chinese government claims as part of its territory.
The Trump administration has approved a £8.1 billion weapons package for Taiwan, but has yet to begin fulfilling it.
Taiwan is the world’s leading chipmaker, producing components essential to the development of artificial intelligence. Trump has sought to bolster trade deals with Taiwan.
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