Fri. Oct 16th, 2026

NEWS & BACKGROUND

Outdoor portraits of Raffaele Fitto, Executive Vice-President

European regions warn against centralisation of funding in next EU budget

At the European Week of Regions and Cities in Brussels, nearly 5,000 participants debate the future of EU cohesion policy. Executive Vice-President Raffaele Fitto highlights €35 billion in reallocated funding and plans for a ‘Right to Stay’ strategy. European Council President António Costa calls for affordable housing and stronger competitiveness, while the Committee of the Regions warns that centralising the 2028–2034 EU budget could deepen regional inequalities and weaken local decision-making.

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NEWS TICKER

BUSINESS & FINANCE

Outdoor portraits of Raffaele Fitto, Executive Vice-President

European regions warn against centralisation of funding in next EU budget

At the European Week of Regions and Cities in Brussels, nearly 5,000 participants debate the future of EU cohesion policy. Executive Vice-President Raffaele Fitto highlights €35 billion in reallocated funding and plans for a ‘Right to Stay’ strategy. European Council President António Costa calls for affordable housing and stronger competitiveness, while the Committee of the Regions warns that centralising the 2028–2034 EU budget could deepen regional inequalities and weaken local decision-making.

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EU Commission clears acquisition of ZF Capri by Harman

The EU Commission has approved the acquisition of sole control of ZF Capri HoldCo GmbH of Germany by Harman International Industries, Incorporated of the US, ultimately controlled by Samsung Electronics Co., Ltd. of South Korea. The transaction relates primarily to advanced driver assistance systems (‘ADAS’) for passenger vehicles.

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visualisation, arms industry, russia, putin

EU Council imposes record sanctions on Russia, targeting 1,646 individuals and entities

The EU Council has adopted its largest-ever round of Russia sanctions listings, targeting 1,569 individuals and entities linked to the military-industrial complex, including 826 companies and 743 executives. A separate decision sanctions 77 individuals involved in illegal Russian State Duma elections in occupied Ukrainian territories. The measures target weapons supply chains and efforts to legitimise Russia’s occupation, bringing the total number of listings under the EU’s Ukraine territorial integrity regime to over 4,600.

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Lead MEPs on EU’s long-term budget react to Irish presidency’s negotiating box

The EU Parliament’s lead co-rapporteurs on the next multiannual financial framework (MFF) Siegfried Mureșan (EPP, RO) and Carla Tavares (S&D, PT) firmly reject the draft negotiating position emerging from the EU Council Presidency. Together with Parliament’s co-rapporteurs on own resources, Danuše Nerudová (EPP, CZ) and Sandra Gómez López (S&D, ES), they have issue a joint statement. Delve into the details.

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DIGITAL TRANSFORMATION

technology, artificial intelligence, brain

UN Security Council confronts AI risks as U.S. rejects global regulator

At a UN Security Council debate, Yoshua Bengio, a pioneer of artificial neural networks and deep learning, warned of autonomous AI agents escaping safeguards, while the chiefs of OpenAI, Anthropic and Hugging Face proposed different responses. France urged global rules; the US rejected a global regulator. Other members called for human control, mandatory incident reporting and AI access for developing countries. The central dispute: Who decides how fast frontier AI advances, and who bears the risks?

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EDPB sets five-step test for GDPR fines and finalises DSA data rules

The European Data Protection Board (EDPB) has outlined a new methodology guiding national data protection authorities through liability, culpability, aggravating and mitigating factors, and proportionality when deciding whether to impose GDPR fines. Minor infringements will generally attract no fine, while non-minor cases carry a strong presumption of one. Final guidelines also clarify the interplay between the DSA and GDPR.

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Infographic, The seven digitalisation-linked trends explored in this briefing, EEA

EEA and Eionet examine AI’s mixed impact on resource use

An EEA-Eionet horizon scan finds digitalisation can reduce emissions and resource use through smarter manufacturing, farming, mining and recycling. Yet AI-powered marketing may accelerate consumption and shorten product lifecycles, while data centres’ rising energy and water demand adds new environmental pressures—making adaptive EU governance decisive.

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SECURITY AND DEFENCE

Belgium and Czechia receive first SAFE defence loan worth €1.5bn

Belgium and Czechia have received their first payments under the EU’s €150bn SAFE defence instrument, with €1.2bn and €309m respectively released as 15% pre-financing. The disbursements bring SAFE pre-financing to almost €13.5bn across 11 Member States, supporting joint procurement and faster investment in European defence capabilities.

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EU Parliament backs €115m AGILE programme to speed defence innovation

The EU Parliament has approved the €115m AGILE programme to accelerate disruptive defence technologies from prototype to operational use. With four-month funding decisions, easier testing and a focus on SMEs, start-ups and scale-ups, AGILE targets AI, quantum, cyber and unmanned systems, while linking innovators with major defence companies and drawing on Ukraine’s battlefield experience.

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President of Ukraine and Federal Chancellor of Germany Honored Memory of Fallen Ukrainian Warriors at Independence Square

Germany and Ukraine sign €8.5bn package of defence and energy agreements

Germany and Ukraine signed 15 agreements and documents worth more than €8.5bn, spanning air defence, interceptor drones, radars, artillery, UGVs and energy resilience. Chancellor Friedrich Merz also announced a new support package of more than €1.3bn, while both sides expanded joint production, procurement and technology cooperation, including IRIS-T systems, drone localisation in Germany and work on new interceptor missiles.

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SUSTAINABILITY

Von der Leyen warns against MFF cuts as energy crisis raises EU investment needs

Addressing the EU Parliament ahead of the October European Council, EU Commission President Ursula von der Leyen linked Europe’s renewed energy shock to the debate on the next long-term EU budget. She urged targeted relief, faster electrification and grid investment, while warning that major MFF cuts would undermine defence, competitiveness, AI, energy, enlargement and crisis-response priorities.

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EU Commission promotes Ion Codescu as Director for Biodiversity at DG ENV

The EU Commission appointed Ion Codescu as Director for Biodiversity within its Directorate-General for Environment (DG ENV). This department leads the European Commission’s development and delivery of environmental policy that protects, preserves and improves the environment for present and future generations while promoting sustainable development.

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EU Commission opens applications for Energy Transition Investment Council

The EU Commission has opened applications for its new Energy Transition Investment Council, which will bring together up to 30 investors, banks, public finance institutions and energy-sector representatives. The body will advise on aligning EU policy and funding with investor needs, mobilising private capital and accelerating clean energy investment.

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WHO and ECDC monitor suspected plague death in Russia as tests continue

WHO and ECDC are closely monitoring a suspected pneumonic plague death involving a laboratory worker in Russia’s Irkutsk region and stand ready to assist, while no secondary cases have been reported. Weeks earlier, Vladimir Putin had discussed plague risks and monitoring with Rospotrebnadzor chief Anna Popova, including worsening conditions in Mongolia.

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EU AGENDA