Speaking at the luncheon “Monetary System Beyond the Dollar” in Shanghai, ECB Executive Board member Philip Lane says expanded euro liquidity facilities can protect financial markets from external shocks and strengthen the euro’s international role. The enhanced EUREP facility offers foreign central banks access to up to €50 billion each, with more than 30 expressing interest.
The EU Commission has opened a formal DSA investigation into Booking.com over suspected failures to address fraudulent accommodation listings, phishing scams involving guest data and insufficient labelling of paid listings as advertisements. The proceedings could lead to enforcement measures.
Tanker rates have surged to historic highs amid Middle East disruptions, with Gulf-to-Asia crude shipping exceeding $37 a barrel. The IEA warns that strained tanker capacity is squeezing refinery margins and could lift diesel, kerosene and other fuel prices for consumers.
The EU Commission and High Representative Kaja Kallas have presented a new Arctic Strategy responding to growing geopolitical competition, Russian military activity and accelerating climate change. Priorities include maritime surveillance, protection of subsea cables, expanded icebreaker capacity, military mobility and critical raw materials. New infrastructure projects, Arctic research and closer cooperation with NATO and regional partners aim to strengthen European security and economic resilience.
The EU Commission has launched three Creative Europe funding calls worth €20.5 million to support journalism partnerships, media pluralism, cross-border media literacy and press freedom monitoring. The initiatives aim to strengthen independent media and resilience against disinformation and foreign interference.
The EU Commission has positively assessed Germany’s final €6 billion Recovery and Resilience Facility payment request, confirming completion of all 127 milestones and targets under its €30.3 billion recovery plan. Investments cover clean energy, building renovation, digital healthcare, public administration, hydrogen and microelectronics.
Speaking at the luncheon “Monetary System Beyond the Dollar” in Shanghai, ECB Executive Board member Philip Lane says expanded euro liquidity facilities can protect financial markets from external shocks and strengthen the euro’s international role. The enhanced EUREP facility offers foreign central banks access to up to €50 billion each, with more than 30 expressing interest.
The EU Commission has opened a formal DSA investigation into Booking.com over suspected failures to address fraudulent accommodation listings, phishing scams involving guest data and insufficient labelling of paid listings as advertisements. The proceedings could lead to enforcement measures.
The EU Parliament has adopted new rules strengthening passenger rights across all transport modes. Travellers booking flights through intermediaries would receive full refunds within 14 days, while standardised EU claim forms and free flights for essential companions of passengers with disabilities would improve protection. The rules are set to apply from October 2027, subject to final Council approval.
The EU Parliament has adopted amendments to the Critical Raw Materials Act, calling for a new European raw materials centre backed by a €2 billion fund. MEPs propose joint purchasing, strategic stockpiling, price-stabilisation mechanisms and export restrictions on permanent magnet scrap. The measures aim to strengthen supply chains for clean technologies, defence and aerospace ahead of negotiations with Member States.
The EU Parliament has adopted recommendations to accelerate high-speed rail connections across Europe, including underserved regions and cross-border routes. MEPs demand dedicated funding in the EU’s 2028–2034 budget, stronger support for the Connecting Europe Facility and more affordable, transparent ticketing to advance the EU’s rail network by 2040.
The European Court of Auditors (ECA) criticises the limited impact of €49.1 billion in EU Recovery and Resilience Facility funding for public administration reforms. Only 36% of measures examined achieved significant results, while structural weaknesses in governance and administrative capacity persist. Auditors also warn that the proposed EU budget for 2028–2034 fails to fully address shortcomings in performance monitoring.
The EU Commission and New Caledonia have signed a strategic partnership to strengthen sustainable raw materials supply chains, particularly for nickel. The agreement covers investment, infrastructure, skills and research, supporting the EU’s Critical Raw Materials Act and RESourceEU strategy. A joint roadmap will define concrete projects and financing opportunities.
The EU Commission has approved, under the EU Merger Regulation, the acquisition of sole control of MerMec S.p.A. of Italy by Siemens Mobility Holding B.V. of the Netherlands. The transaction relates primarily to the supply of rolling stock, rail diagnostics, electrification and signalling.
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Fnac Darty S.A. of France by EP Group, a.s. (‘EPG’) of Czechia. The transaction relates primarily to the retail distribution of consumer goods, including electronics and books.
EU Commission data shows more than €1.2 trillion has flowed into sustainable activities since 2021, including over €320 billion in EU Taxonomy-aligned investment in 2025. European Green Bond issuance has reached around €60 billion, with €39 billion issued so far in 2026.
The EU Commission and High Representative Kaja Kallas have presented a new Arctic Strategy responding to growing geopolitical competition, Russian military activity and accelerating climate change. Priorities include maritime surveillance, protection of subsea cables, expanded icebreaker capacity, military mobility and critical raw materials. New infrastructure projects, Arctic research and closer cooperation with NATO and regional partners aim to strengthen European security and economic resilience.
The EU Commission has launched three Creative Europe funding calls worth €20.5 million to support journalism partnerships, media pluralism, cross-border media literacy and press freedom monitoring. The initiatives aim to strengthen independent media and resilience against disinformation and foreign interference.
The EU Council and Parliament have agreed to raise the ETS market stability reserve threshold from 400 million to 700 million allowances. Separately, Parliament’s Environment Committee backs nearly 100 million additional free allowances for industry to reduce carbon leakage risks and ease pressure on industrial competitiveness.
The EU Commission has opened a formal DSA investigation into Booking.com over suspected failures to address fraudulent accommodation listings, phishing scams involving guest data and insufficient labelling of paid listings as advertisements. The proceedings could lead to enforcement measures.
The EU Parliament has adopted amendments to the Critical Raw Materials Act, calling for a new European raw materials centre backed by a €2 billion fund. MEPs propose joint purchasing, strategic stockpiling, price-stabilisation mechanisms and export restrictions on permanent magnet scrap. The measures aim to strengthen supply chains for clean technologies, defence and aerospace ahead of negotiations with Member States.
The European Court of Auditors (ECA) criticises the limited impact of €49.1 billion in EU Recovery and Resilience Facility funding for public administration reforms. Only 36% of measures examined achieved significant results, while structural weaknesses in governance and administrative capacity persist. Auditors also warn that the proposed EU budget for 2028–2034 fails to fully address shortcomings in performance monitoring.
A new Europol report reveals growing gaps in Europe’s digital forensic capabilities as encryption, cloud storage and connected devices complicate criminal investigations. It calls for common standards, shared tools, stronger expertise and responsible use of artificial intelligence (AI) to ensure digital evidence remains reliable and admissible in court.
The European Commission has named 13 winners of the New European Bauhaus (NEB) Prizes 2026, recognising innovative projects combining sustainability, inclusion and design. Winners include initiatives from Ukraine, Japan and Brazil, alongside a special award for water resilience in Romania. Another 20 small municipalities received NEB support.
The EU Commission has launched the RAISE (Resource for AI Science in Europe) pledging initiative to provide researchers with AI models, computing capacity, data and expertise. Nvidia, Google DeepMind and Mistral are among the first contributors. Mistral and CERN also plan to develop the largest foundation model in physics.
EU Advocate General Andrea Biondi has recommended dismissing ByteDance’s appeal against TikTok’s gatekeeper designation under the Digital Markets Act (DMA). In the first DMA court case, he clarified when the Commission must investigate challenges to such designations and found that ByteDance’s right to be heard was respected.
The EU Court of Justice has ruled that banks must immediately refund unauthorised transactions, even in cases of suspected gross negligence by customers. In a Polish phishing case, the judges clarified that payment service providers may subsequently seek reimbursement if they prove that the losses resulted from the customer’s intentional or grossly negligent failure to fulfil their obligations.
The EU General Court has dismissed Technius’ challenge to the Commission’s designation of Stripchat as a very large online platform (VLOP) under the Digital Services Act (DSA). The judges upheld the visitor-count methodology despite subsequently revised data showing fewer than 45 million monthly users.
Hundreds of European mayors and regional leaders will gather in Brussels for the EU Covenant of Mayors Ceremony 2026. With four EU Commissioners participating, discussions will focus on affordable clean energy, housing, climate resilience, disinformation and local responses to energy poverty.
The EU Commission has awarded six REGIOSTARS prizes to cohesion policy projects in Slovakia, Germany, Greece, Czechia and Portugal. Winners include AI-powered 3D communication, battery recycling, an LNG terminal, violence prevention, a community library and a cancer research centre, highlighting the diversity of EU regional investment.
At the first German-Ukrainian Defence and Security Conference in Kyiv, Ukraine’s Deputy Defence Minister Anna Gvozdiar called for deeper industrial cooperation with Germany. Ukraine is seeking long-term contracts, investment, war risk insurance and faster procedures to expand joint weapons production and strengthen European security.
Speaking to reporters during his visit to Mumbai, India, US Secretary of State Marco Rubio denied restrictions on military aid and intelligence sharing with Ukraine. He acknowledged competing demands for air defence interceptors, including NATO requirements, and confirmed tensions over Ukrainian strikes on Russian energy infrastructure.
The EU Commission and High Representative Kaja Kallas have presented a new Arctic Strategy responding to growing geopolitical competition, Russian military activity and accelerating climate change. Priorities include maritime surveillance, protection of subsea cables, expanded icebreaker capacity, military mobility and critical raw materials. New infrastructure projects, Arctic research and closer cooperation with NATO and regional partners aim to strengthen European security and economic resilience.
The EU Council has appointed Latvian human rights expert Ilze Brands Kehris as EU Special Representative for Human Rights until February 2028. A former UN Assistant Secretary-General for Human Rights, she will advance EU policy on human rights, international humanitarian law and criminal justice, working with governments, international organisations and civil society.
The EU Council is expanding sanctions against companies circumventing restrictions on Russian oil, while US President Donald Trump has waived sweeping penalties enacted by U.S. Congress just four weeks earlier. The decision suspends new tariffs of up to 500% on Russian goods and 100% on imports from major Russian energy buyers. Existing US sanctions remain in force, but the waiver raises questions about transatlantic coordination and the economic consequences for global energy markets.
A new Europol report reveals growing gaps in Europe’s digital forensic capabilities as encryption, cloud storage and connected devices complicate criminal investigations. It calls for common standards, shared tools, stronger expertise and responsible use of artificial intelligence (AI) to ensure digital evidence remains reliable and admissible in court.
The European Commission has unveiled a new strategy to combat human trafficking after more than 20,000 victims were registered in the EU in 2023–2024, an increase of 16.1%. Its six priorities include digital investigations, closer business cooperation, action against organised crime and stronger protection for victims and vulnerable groups.
The European Council has called for urgent measures to curb soaring energy prices, accelerate Single Market reforms and strengthen trade defences against global imbalances. EU leaders reaffirmed financial and military support for Ukraine, pressed for agreement on the 2028–2034 EU budget and demanded stronger European defence capabilities. Amid escalating conflicts in the Middle East, they also addressed maritime security, migration, enlargement and digital safety, while Commission President von der Leyen outlined new energy and trade initiatives.
European Parliament President Roberta Metsola and parliamentary leaders from the Gulf Cooperation Council (GCC) have called for stronger security and energy cooperation, renewed EU-GCC free trade negotiations and closer parliamentary ties, condemning Iranian attacks and threats to maritime trade routes.
The European Defence Agency (EDA) has successfully tested an AI-powered navigation system enabling drones to operate without satellite signals. Developed under the USESXI project, AIRSENSE demonstrated reliable positioning over land, even when satellite navigation is unavailable or disrupted.
The EU and Irish Council Presidency are convening the first international conference on protecting humanitarian aid workers after 1,187 were killed, injured, kidnapped or detained in 2025. The EU has allocated €3.5 million this year to protection, legal support and post-incident assistance.
The EU Court of Justice has ruled that Hungary violated EU law by automatically replacing prison sentences for migrant smugglers with deportation and re-entry bans. The judges found the scheme, which affected 2,525 people before its repeal, failed to provide effective, proportionate and dissuasive penalties.
German Chancellor Friedrich Merz has called for substantial cuts to the EU’s next long-term budget, rejecting higher spending on cohesion and agriculture. Ahead of the European Council summit, he prioritised competitiveness, defence and deregulation, demanded greater support for Ukraine and opposed transferring control of frozen Russian assets to the US.
The EU Council and Parliament have agreed to raise the ETS market stability reserve threshold from 400 million to 700 million allowances. Separately, Parliament’s Environment Committee backs nearly 100 million additional free allowances for industry to reduce carbon leakage risks and ease pressure on industrial competitiveness.
Tanker rates have surged to historic highs amid Middle East disruptions, with Gulf-to-Asia crude shipping exceeding $37 a barrel. The IEA warns that strained tanker capacity is squeezing refinery margins and could lift diesel, kerosene and other fuel prices for consumers.
The EU Parliament has adopted proposals to exempt small and micro enterprises from appointing waste compliance representatives in other Member States. The suspension would apply to packaging, batteries, textiles, electronics and other products until 2035 or the adoption of a Circular Economy Act. Other extended producer responsibility obligations would remain unchanged.
The EU Parliament has adopted recommendations to accelerate high-speed rail connections across Europe, including underserved regions and cross-border routes. MEPs demand dedicated funding in the EU’s 2028–2034 budget, stronger support for the Connecting Europe Facility and more affordable, transparent ticketing to advance the EU’s rail network by 2040.
The EU Commission has presented its Vision 2040 for fisheries and aquaculture, combining fleet modernisation, decarbonisation, regulatory reform and stronger global partnerships. The strategy includes a new aquaculture initiative, digital seafood traceability by 2029 and at least €2 billion in proposed EU funding for 2028–2034. It also addresses shortcomings in the Common Fisheries Policy, import dependence and the need to attract younger workers.
The EU Commission has approved, under the EU Merger Regulation, the acquisition of sole control of MerMec S.p.A. of Italy by Siemens Mobility Holding B.V. of the Netherlands. The transaction relates primarily to the supply of rolling stock, rail diagnostics, electrification and signalling.
Meeting in Paris, G7 Health Ministers adopted a roadmap to strengthen international cancer research and care. Priorities include cross-border data access for childhood and young adult cancers, earlier diagnosis of high-mortality cancers, joint clinical trials and responsible use of AI to improve treatment outcomes.
The EU Commission and High Representative Kaja Kallas have presented a new Arctic Strategy responding to growing geopolitical competition, Russian military activity and accelerating climate change. Priorities include maritime surveillance, protection of subsea cables, expanded icebreaker capacity, military mobility and critical raw materials. New infrastructure projects, Arctic research and closer cooperation with NATO and regional partners aim to strengthen European security and economic resilience.
The Irish presidency of the Council and the European Parliament have reached a provisional agreement on updated rules for the production, labelling, certification and trade of organic products. The aim is to support the competitiveness of the EU’s organic sector while maintaining high standards and consumer trust.
Renewables accounted for 26.2% of EU energy consumption in 2025, but public opposition and administrative barriers continue to slow deployment. The EU Commission highlights how community participation, local investment, shared revenues and lower electricity costs can strengthen public acceptance. A new EU toolbox offers practical approaches to involving citizens in renewable energy projects.
The EU Council has adopted revised workplace safety rules under the Carcinogens, Mutagens and Reprotoxic Substances Directive. The measures introduce exposure limits for cobalt, certain hydrocarbons and industrial chemicals, while adding welding fumes to the directive. The revision is expected to prevent 1,700 lung cancer cases and 19,000 other illnesses over 40 years.
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