ECB approval gives UniCredit a route to control Commerzbank, testing Europe’s banking integration against German concerns over jobs and business lending.
EU states agreed to open internal market and competitiveness accession clusters for Ukraine and Moldova, deepening reform and economic integration talks.
Russia’s State Duma amends fuel dampener rules and import compensations to stabilize domestic fuel prices amid refinery disruptions and export limits.
Hungary blocks Ukraine’s EU accession talks on key economic chapters, citing concerns over Western Balkans' accession timing and signaling challenges for Ukraine’s integration.
Russia plans temporary export limits on diesel and aviation kerosene to stabilize domestic fuel markets after drone attacks reduced refinery output.
Hungary reinstates a ban on Ukrainian agricultural imports to protect domestic farmers and reverses its withdrawal from the International Criminal Court, highlighting economic and political recalibrations.
EU foreign policy chief Kaja Kallas warns that Russia, China, and the US employ divide-and-rule tactics to weaken the European Union’s unity and economic strength.