Browsing: featured-eu

EU leaders have reached a preliminary agreement on a €2 trillion long-term budget for 2028–2034, targeting completion by October. The bloc is navigating complex negotiations to balance funding demands from various member states, particularly concerning agriculture and defence expenditures, ahead of a new text proposal by Ireland.

EU leaders are responding to European Council President António Costa’s initiative to establish diplomatic contacts with Russia, while Sweden’s EU affairs minister offers exclusive insights ahead of discussions on the bloc’s upcoming long-term budget.

Former French Economy Minister Bruno Le Maire advocates for a coalition of six core European nations—France, Germany, Italy, Spain, Poland, and the Netherlands—to enhance decision-making and address urgent issues, including defence and foreign policy, during the G7 summit in Évian.

The Global Green Bond Initiative aims to mobilise €15 to €20 billion for sustainable projects, but EU officials warn such investments may inadvertently benefit Chinese companies. This undermines efforts to reduce reliance on Beijing amid rising cybersecurity concerns linked to risky technology in energy supply chains.

VivaTech, one of Europe’s largest technology events, is highlighting artificial intelligence as a key focus. The Paris event attracts around 200,000 visitors, including Amazon founder Jeff Bezos and French President Emmanuel Macron, as discussions centre on AI’s potential benefits and risks amid a vibrant showcase of innovations.

Germany and Poland have signed a defence agreement aimed at enhancing military cooperation amid escalating tensions with Russia. The pact highlights a pragmatic shift in relations, focusing on joint defence measures and security strategies, as both nations seek to fortify Europe’s eastern borders against emerging threats.

The German government is preparing for its armed forces to potentially safeguard shipping in the Strait of Hormuz. A draft mandate for the Bundestag has been created, although Chancellor Friedrich Merz confirmed that no final decision has been made regarding deployment, pending legal clarifications.

At least 58 states and territories are affected by anti-personnel mines, according to UN rights chief Volker Türk. The report highlights significant civilian casualties, with approximately 90% of victims in 2024 being civilians, primarily in Myanmar, Syria, and Afghanistan. Recommitment to the Anti-Personnel Mine Ban Treaty is urged.

Ukrainian President Volodymyr Zelenskyy aims to conclude Russia’s war in Ukraine or secure a ceasefire before next winter, citing a lack of genuine Russian willingness to negotiate. Emphasising air defence strengthening, he discussed production licences for US-made Patriot systems with G7 leaders, including US President Donald Trump.

The European Union has failed to achieve unanimous agreement on sanctions against Israeli national security minister Itamar Ben Gvir, despite increased calls from member states for punitive action. EU foreign policy chief Kaja Kallas confirmed that no consensus was reached during the bloc’s recent foreign ministers’ meeting.