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Several EU states are pushing to use frozen Russian assets totaling 210 billion euros for Ukraine. Belgium, currently holding these funds, fears lawsuits and risks. A new proposal suggests transferring the assets to an EU-owned custodian to minimize Belgium's liability.
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Germany is considering the purchase of approximately 400 US Tomahawk cruise missiles. This procurement would significantly expand the military capabilities of the Bundeswehr.
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US President Donald Trump is sending envoys to Moscow and Kyiv to present a proposal to end the war in Ukraine. The UN General Assembly approved a reform of world maps with more realistic size proportions, with 164 states voting in favor.
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Dr. Nikolas Stihl of chainsaw manufacturer Stihl criticizes Germany's economic situation, calling for bold reforms. He points to a loss of 15 percent of industrial production and 15,000 industrial jobs per month. Stihl advocates for reducing bureaucracy, lowering labor costs, and incentivizing research and development.
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High fuel prices in Europe are due to tight refinery capacities, disrupted trade routes, and a general diesel shortage, despite moderate crude oil prices. Refinery margins are high as demand for finished products exceeds supply.
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By 2040, 30 percent of Germany's working population will retire, slowing economic growth. McKinsey suggests Germany could achieve up to 2.6 percent growth by 2030 through productivity increases and higher labor volume.
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US President Trump is sending negotiators Steve Witkoff and Jared Kushner to Moscow and Kyiv to conduct peace talks to end the Ukraine war. This marks the first trip by envoys to the Ukrainian capital as part of these efforts.
Foreign PolicyParliament & LegislationWars & Military
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EU Enlargement Commissioner Marta Kos called the funeral of convicted war criminal Ratko Mladić a "very important test" for Serbia's EU accession. Glorifying Mladić is incompatible with EU values.
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Five EU states are planning to establish deportation centers outside the EU by 2027. These centers will offer rejected asylum seekers new opportunities in partner countries and will be fully financed by the EU states.
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US mediators, including Witkoff and Kushner, will travel to Kyiv on Sunday to present a proposal to end the Ukraine war. President Zelenskyy called on Russia to refrain from airstrikes during the visit.
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