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EU unveils five joint weapons programs in push to build defense industry muscle

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European Commission clears €1 billion capital boost for Romania's investment and development bank

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EU residential building construction prices up 48% since 2015

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EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

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EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

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EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

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Latest News

EU unveils five joint weapons programs in push to build defense industry muscle

EU unveils five joint weapons programs in push to build defense industry muscle EU unveils five joint weapons programs in push to build defense industry muscle
The European Commission has proposed five large-scale joint defence initiatives aimed at accelerating Europe’s ability to design and produce...
Read More...

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap

Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap Brussels lays groundwork for Montenegro’s EU entry with detailed budget roadmap
  The European Commission has unveiled a detailed financial framework outlining how Montenegro would be integrated into the EU budget...
Read More...

European Commission clears €1 billion capital boost for Romania's investment and development bank

European Commission clears €1 billion capital boost for Romania's investment and development bank European Commission clears €1 billion capital boost for Romania's investment and development bank
The European Commission has approved Romania's plans to strengthen its national investment and development bank, Banca de Investiții și Dezvoltare...
Read More...

Seven detained in terror probe over Liège synagogue blast

Seven detained in terror probe over Liège synagogue blast Seven detained in terror probe over Liège synagogue blast
  Belgian authorities have arrested seven people following a series of house searches linked to the investigation into the explosion that...
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EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference

EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference EU unveils €10 billion boost for Ukraine's defence and reconstruction at Recovery Conference
  The European Union announced a major package of financial support for Ukraine's defence, recovery and reconstruction at the Ukraine Recovery...
Read More...

EU residential building construction prices up 48% since 2015

EU residential building construction prices up 48% since 2015 EU residential building construction prices up 48% since 2015


The cost of constructing new residential buildings across the European Union has increased by 48.2% since 2015, according to data...
Read More...

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism

EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism EU moves to bolster Europol and Eurojust in crackdown on cross-border crime and terrorism
  The European Commission has unveiled a sweeping package of reforms aimed at strengthening the European Union's ability to combat organised...
Read More...

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery

EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery EU releases €846 million to Spain as Brussels steps up support for Valencia flood recovery
  The European Union has approved a fresh €846 million payment to Spain to help finance reconstruction efforts following the catastrophic...
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EU services sector energy use climbs slightly in 2024, driven by electricity and natural gas

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  Energy consumption in the European Union’s services sector rose modestly in 2024, reaching 4,971 petajoules (PJ), according to recent...
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Europe’s top foreign policy officials welcomed an unexpected two‑week ceasefire between the United States and Iran on Wednesday, calling it a vital step back from the edge of a

broader regional conflict that has rattled global markets and reshaped diplomatic efforts.

The agreement, announced late Tuesday after intense diplomatic outreach, comes amid a wider war that began in late February when the United States and Israel launched air strikes on Iranian territory, escalating a months‑long standoff into full‑blown conflict across the Middle East. The violence has involved air attacks, missile exchanges, and closure of key shipping routes, including the strategic Strait of Hormuz, a chokepoint for global oil supplies. 

EU leaders cautiously welcome truce

“We welcome this temporary ceasefire as a step back from the brink after weeks of escalation,” EU High Representative for Foreign Affairs Kaja Kallas said in a post on X on Wednesday, applauding the pause in hostilities that had threatened to draw in additional regional actors.

Kallas said the agreement offers “a much‑needed chance to tone down threats, stop missiles, restart shipping, and create space for diplomacy towards a lasting agreement.” She also thanked Pakistan’s Foreign Minister Ishaq Dar for his role in helping broker the temporary truce.

European Commission President Ursula von der Leyen echoed the sentiment, saying the announcement brings “much‑needed de‑escalation” and stressing the need to move quickly toward negotiations for an enduring peace.

Diplomacy now centre stage

Despite the truce, Kallas warned that “the door to mediation must remain open, as the underlying causes of the war remain unresolved.” She is scheduled to travel to Riyadh this week to meet Saudi officials and Gulf Cooperation Council representatives to discuss next steps.

Belgium’s Foreign Minister Maxime Prévot is also heading to the Middle East this week for talks with regional partners.

What the ceasefire means – and doesn’t mean

The two‑week ceasefire was confirmed by senior leaders in both Washington and Tehran and is linked to Iran’s agreement to allow safe passage for commercial vessels through the Strait of Hormuz, which Tehran had closed early in the conflict. Reopening the strait helped ease turbulence in global energy markets, which had spiked sharply as oil prices surged amid the crisis. 

Former U.S. President Donald Trump, who has driven much of the U.S. policy in the conflict, declared the ceasefire a “total and complete victory,” saying it reflected the fulfillment of core American objectives and that Iran had submitted a “workable” 10‑point proposal for future negotiations.

However, analysts and diplomats caution that the truce is fragile. Iran’s leadership has described the arrangement as a temporary operational pause rather than a formal end to hostilities, and fundamental issues such as sanctions, nuclear tensions and regional security guarantees remain unresolved. 

The conflict has also had spillover effects — including continued unrest in neighbouring countries, skirmishes involving allied militias, and differing interpretations of whether key fronts such as Lebanon fall under the ceasefire. 

Broad war context

The broader war between the United States, Israel and Iran erupted after years of escalating tensions over Iran’s nuclear programme, regional influence, and sanctions disputes. What began as proxy engagements and diplomatic confrontations intensified into direct strikes when U.S. and Israeli forces launched coordinated attacks on Iranian infrastructure in February. Iran retaliated with missile and drone strikes on U.S. and allied targets across the Middle East, deepening the conflict. 

Efforts to negotiate a longer ceasefire or permanent end to the war are reportedly continuing with the involvement of third‑party mediators from countries such as Pakistan, Egypt and Turkey. Proposals for longer ceasefire periods — potentially up to 45 days — are under discussion as part of broader peace talks aimed at resolving the conflict’s core disputes.