European officials fear that US President Donald Trump’s dramatic U-turn on Ukraine is a back door plan to shift responsibility for the West’s failure to prevent Ukraine’s defeat in its war with Russia or help it recover afterwards.
Development bank downgrades 2025 forecasts for Central and Eastern Europe citing weak external demand, rising debt and the impact of US tariffs.
Brussels will start cutting red tape with the so-called omnibus legislation this autumn as it sets out to make Europe competitive again, Politico reported on September 17.
Polish foreign minister's rebuke follows incursion into Estonia airspace by Russian MIG-31s and drone violations over Poland and Romanian.
Polish retail sales grew just 3.1% y/y in August, slowing from a 4.8% y/y rise in July.
EU finance ministers met in Copenhagen on September 20 to discuss tapping the cash pile of frozen Central Bank of Russia (CBR) money and using it to make a large Reparation Loans to Ukraine, but no final decision has been reached.
A spate of Russian drone incursions has stress-tested Nato’s air defences. On September 10, nineteen Russian drones violated Poland’s airspace — the alliance’s worst such breach in more than seventy-five years.
The European Commission has published proposals for a 19th sanctions package against Russia that would tighten curbs on energy trade and payments, with new measures aimed at oil refineries, oil traders and petrochemical companies in third countries.
The heatwaves that swept the Continent were responsible for more than two-thirds of the 24,400 heat-related deaths estimated in Europe this summer, or 16,266 people, according to a new study conducted by scientists at Imperial College London.
The closure of Poland’s crossings with Belarus on September 12 has rattled transport and logistics companies, which warn that a prolonged halt could drive cargo away from the country, disrupt supply chains and inflate costs for businesses,
The European Commission is floating a new idea of how to “creatively” tap Russia’s $300bn of frozen assets without the need to appropriate, which is legally questionable, by replacing the money transferred to Kyiv with EU-backed bonds.
Ukraine is expanding its campaign of trying to cut the Kremlin off from its oil export income with a campaign of targeting Russia’s oil refining and pipeline assets, using its new long-range drones and missiles.
This summer started with optimism around trade deals and progress in Ukraine, but quickly unravelled. Trade uncertainty is back, the war drags on with rising casualties, and Europe is now grappling with a raft of political crises.
To track progress towards ending extreme poverty, the United Nations relies on World Bank estimates of the number of people living below a poverty threshold called the “International Poverty Line” (IPL), Our World in Data (OWID) reports.
Public anxiety over a potential Russian attack on Nato territory has surged in Germany following the recent drone incursion on September 10 into Polish airspace that coincided with sharp gains by the far-right Alternative for Germany (AfD).
Poland’s rapid defence spending rise won’t translate into a broader economic boom unless deeper structural shifts will happen that will take bolder reforms.
Only 46 out of 193 UN member states signed a joint UN declaration on September 12, denouncing Russia’s alleged involvement in a drone incursion into Polish airspace two days earlier.
With no clear explanation from Moscow, theories have proliferated over how and why more than a dozen Russian drones crossed into Poland on September 10—and what this means for European security.
For the first time during the full-scale war in Ukraine, Poland has shot down multiple Russian drones in its airspace on September 10, but a third of Poles have blamed the strike on Ukraine, not Russia, according to a poll.
Peter Szijjarto avoided blaming Russia for drones crossing Polish airspace and causing damage, a stance in line with Budapest’s longstanding reluctance to confront Moscow directly.