World

The EU’s record €2 trillion budget: who wins, who loses?

The EU is negotiating its next long-term budget, the Multiannual Financial Framework for 2028-2034. The European Commission proposed €1.8 trillion, but Parliament wants €1.96 trillion as talks start in 2025, leaving a €175 billion gap reflecting competing priorities. ADVERTISEMENT ADVERTISEMENT Defence is the winner. The budget allocates €131 billion to…

Watch: Inside the Trump-Xi visit that could leave Europe in the cold

Published on 13/05/2026 – 8:20 GMT+2 Between the increasingly unpopular Iran war at home and domestic courts striking down his tariffs, Trump needs a win. ADVERTISEMENT ADVERTISEMENT First, the security bargain. Xi Jinping wants a signal that Washington is stepping back from Taiwan. If Trump treats the island’s security as…

EU’s €2 trillion budget talks risk becoming ugly and delayed

The demand is sparking a clash between the Parliament and Ursula von der Leyen’s strict 1.26 per cent GNI spending cap – the budgetary mechanism that limits a government’s spending to a percentage of its total Gross National Income. Net contributors like Germany and the Netherlands argue it’s already too…

Starmer says he will not step down as two ministers quit government

Published on 12/05/2026 – 11:50 GMT+2•Updated 14:18 UK Prime Minister Keir Starmer said on Tuesday that he intends to stay in office as he met with members of his Cabinet in crunch talks that could determine his future. ADVERTISEMENT ADVERTISEMENT Starmer is trying to shore up support within his Cabinet…

Partnership with EU ‘just getting started’ – Canadian minister

Canada is deepening alliances globally, including with the European Union, Anita Anand told Euronews, as part of a foreign policy focused on middle-power cooperation and reducing the country’s economic and security reliance on the US. ADVERTISEMENT ADVERTISEMENT “Over the last year, we’ve signed over 20 security, defence and economic agreements…

EU faces backlash over plan to fast-track polluting projects

The European Commission is weakening environmental rules to accelerate controversial industrial and energy projects across Europe, framing the changes as necessary in response to global energy disruptions, according to a new report published on Tuesday by the influential watchdog Corporate Europe Observatory (CEO). ADVERTISEMENT ADVERTISEMENT CEO claims Brussels is using…

Ireland hopes new Budapest government will allow for Ukraine’s EU path

Published on 12/05/2026 – 12:00 GMT+2 Speaking live on Euronews’ morning show Europe Today, Ireland’s minister of state for EU Affairs and Defence Thomas Byrne said that Ukraine remains “very strong and forward in people’s minds in Europe.” ADVERTISEMENT ADVERTISEMENT His comments come as EU defence ministers meet in Brussels…

Zelenskyy’s ex-chief of staff named as suspect in major graft probe

Published on 12/05/2026 – 11:52 GMT+2 Former Ukrainian presidential chief of staff Andrii Yermak has been named as a suspect in a major corruption investigation led by Ukraine’s National Anti-Corruption Bureau (NABU) and the Specialised Anti-Corruption Prosecutor’s Office (SAPO). ADVERTISEMENT ADVERTISEMENT In a joint statement, the agencies said investigators had…

EU energy ministers to mull domestic gas drilling amid security woes

Published on 12/05/2026 – 10:51 GMT+2•Updated 11:01 European Union energy ministers are expected to discuss domestic natural gas drilling during an informal meeting in Cyprus on 13 May, against a backdrop of rising oil and gas prices and concerns over supply shortages, according to a document seen by Euronews. ADVERTISEMENT…