Bloomberg
European Leaders Gather for Summit on Plan for Ukraine
More than 30 European leaders are gathering in Paris on Thursday, trying to carve out a role for themselves in US-led ceasefire talks over Russia's war in Ukraine. Ahead of the summit, French President Emmanuel Macron announced a new...
Bloomberg
Draghi Calls German Defense Spending Push 'Game Changer'
Former European Central Bank President Mario Draghi said Germany's decision to ramp up defense spending is a "game changer," but warned there are risks when it comes to how it's implemented. Germany has moved to unlock hundreds of...
Bloomberg
Russia-Ukraine Black Sea Truce: What We Know
Russia and Ukraine agreed to a ceasefire in the Black Sea, the US said on Tuesday. The Kremlin confirmed the agreement, but said it was conditional on lifting sanctions on banks and companies involved in agricultural exports key points...
Bloomberg
ECB Still Likely to Cut in April Despite Tariffs: Stehn
Goldman Sachs Chief European Economist Jari Stehn discusses the potential implication for gross domestic product and worldwide economies should US President Donald Trump's proposed tariffs come into effect on April 2. Speaking on...
Press Association
Davey warns against scrapping tax on tech companies to ‘appease’ Trump
Sir Ed Davey has warned against “appeasement” of Donald Trump amid reports Labour could change or ditch a tax on tech companies to avoid US tariffs. Lib Dem leader Sir Ed said Labour’s strategy for Mr Trump was “let’s be nice to him and...
Press Association
Sir Ed Davey accuses Donald Trump of “betraying Ukraine” and “selling out” EU
Liberal Democrat leader Sir Ed Davey has accused US President Donald Trump of “betraying Ukraine” and “selling out” the security of Europe. Speaking at his party’s spring conference in Harrogate, Sir Ed began his keynote speech by...
Bloomberg
EU Unable to Agree on 5 Billion Ukraine Plan
European Union leaders failed to agree on delivering 5 billion ($5.4 billion) to secure ammunition for Ukraine this year, as members including France and Italy balked at committing to specific financial volumes, according to European...
Bloomberg
EU Leaders Meet in Brussels to Discuss Defense Spending
European Union leaders will meet in Brussels to affirm their plans to bolster defense spending at a summit. They will also address concerns about being left out of US President Donald Trump's efforts to negotiate a ceasefire in Ukraine....
Bloomberg
BofA: Europe to Be Structural Growth Market for Defense
Bank of America's Benjamin Heelan discusses what the recent push in Europe for more defense spending could mean for companies and markets. "It's very clear that Europe is going to be a structural growth market for defense for the next...
Press Association
‘Makes sense’ to review EU tariff list, Harris says
It “makes sense” for the European Union to review the rationale behind proposed countermeasures for US tariffs, Irish deputy premier Simon Harris has said. The Government regards the threat of US tariffs on alcoholic drinks from the EU...
Bloomberg
EU Doesn't Have Luxury of Time on Capital Markets Reform: Commissioner
EU Financial Services Commissioner Maria Luis Albuquerque said the EU is accelerating its proposals on moving towards more unified capital markets supervision, among other actions, given the pace of change in the world. Albuquerque spoke...
Bloomberg
Germany Landmark Spending Package Wins Bundestag Backing
German lawmakers passed a landmark spending package that could unlock hundreds of billions of euros in debt financing for defense and infrastructure and heralding the end of decades of budget austerity. The legislation pushed by...
Press Association
Lammy reiterates Ukraine's need for 'enduring' and 'lasting' peace as he welcomes Kaja Kallas to UK
David Lammy welcomes Kaja Kallas, the EU’s high representative for foreign affairs, before a meeting at his official residence. The Foreign Secretary reiterated the need for an “enduring and a lasting peace” in Ukraine before their talks...
Press Association
David Lammy voices need for lasting Ukraine peace ahead of meeting with EU official
David Lammy has reiterated the need for an “enduring and a lasting peace” in Ukraine, ahead of talks with Kaja Kallas, the EU’s high representative on foreign affairs, when he hosted her at Carlton Gardens on Tuesday. In comments ahead...
Bloomberg
Escriva: Spain Is an 'Attractive Country for Settlement'
Bank of Spain Governor Jose Luis Escriva said the nation's economy is getting a boost thanks to its attractiveness for remote workers. "Non-tourist services are also performing very well in Spain, and this might result of the ability to...
Bloomberg
ECB's Escriva Sees Risks to Central Scenario
European Central Bank Governing Council member Jose Luis Escriva says the ECB's assumptions for inflation and economic growth face big risks in each direction due to unpredictability. Speaking to Bloomberg's Kriti Gupta, he says "risks...