The UK plans to join the EU's €90 billion credit program to support Ukraine, enhancing defense cooperation and economic ties amid ongoing conflict with Russia.
Iran has presented a detailed 14-point peace proposal to the US, outlining conditions for ending the Middle East conflict amid ongoing military and economic tensions.
President Trump announces a major US troop withdrawal from Germany, risking shifts in NATO dynamics and impacting European security and economic landscapes.
The ifo Institute warns that US tariffs on EU cars and possible EU retaliation could plunge Germany into recession by 2026, threatening its critical automotive sector amid escalating trade tensions.
The US plans to cut 5,000 troops from its 35,000-strong contingent in Germany within a year, reflecting strategic recalibration of military presence in Europe.
Russian forces launched coordinated drone attacks on multiple Ukrainian regions on May 2, targeting energy and port infrastructure with significant civilian injuries reported.
The US delays arms shipments to Europe to replenish stocks amid Iran conflict, impacting NATO allies and signaling shifts in defense priorities and economic supply chains.
The EU-Mercosur free trade agreement begins temporarily, promising industrial growth amid legal and environmental challenges within the European Union.
Italy and Germany express concern over Israel's interception of a humanitarian flotilla destined for Gaza, calling for adherence to international law amid ongoing blockade tensions.
Oxfam reveals a 56% rise in German DAX 40 CEOs’ pay since 2019, while average worker wages remain below pre-pandemic levels, highlighting deepening economic inequality.
The Central Bank holds the key interest rate at 14%, citing ongoing food price inflation and external economic risks despite a general decline in inflation.
Uzbekistan halted gold exports in early 2026, triggering a 29% export drop amid rising imports and shifting trade partnerships, underscoring structural economic challenges.