Ursula von der Leyen

The European Union will continue negotiations with the United States on a trade agreement until August 1, but is ready for proportional countermeasures. This is a response to the US president's statement about introducing a 30% tariff on EU exports, which will harm businesses and consumers.

President Zelenskyy met with European Commission President Ursula von der Leyen and European Council President António Costa. The parties discussed Ukraine's European integration and the 18th package of sanctions against Russia, as well as a new support package of over 2 billion euros.

Ukraine and Belgium signed a Letter of Intent at the Ukraine Recovery Conference URC2025 in Rome. The document provides for an agreement between Belgian BIO Invest and Bank Lviv for 5 million euros for the development of small and medium-sized businesses.

The European Commission announced a new financial support package for Ukraine worth €2. 3 billion, which includes grants and loan guarantees. The funds will be directed towards supporting businesses, investments, urban reconstruction, energy security, and critical infrastructure.

President Zelenskyy emphasized the need to use frozen Russian assets, not just profits, for Ukraine's reconstruction. European Commission President Ursula von der Leyen announced the creation of the European Flagship Fund for the Reconstruction of Ukraine.

European Commission President Ursula von der Leyen successfully survived a no-confidence vote initiated by the far-right in the European Parliament. 360 MEPs voted against the resolution, 175 voted for, allowing her to retain her position.

European Commission President Ursula von der Leyen announced the creation of the European Flagship Fund for the Reconstruction of Ukraine.

Ukrainian President Volodymyr Zelenskyy arrived at the Ukraine Recovery Conference in Rome. He will speak at the plenary session alongside leaders from Italy, Germany, the European Commission, and Poland.

The meeting in Rome will focus on Ukraine's long-term recovery and the mobilization of investments, particularly private sector funds.

Hungarian Prime Minister Viktor Orban called for the resignation of European Commission President Ursula von der Leyen and rejected Brussels' economic recommendations regarding fiscal policy. The Hungarian government refused the EC's demands for permanent fiscal measures to reduce the budget deficit, citing national priorities.

President of Ukraine Volodymyr Zelenskyy arrived in Rome for a meeting with Italian President Sergio Mattarella. A meeting with Pope Leo XIV is also possible, and on July 10-11, a conference on Ukraine's recovery will take place.

Ukrainian President Volodymyr Zelenskyy will open a conference on Ukraine's reconstruction in Rome this week, together with Italian Prime Minister Giorgia Meloni. The event aims to mobilize investments, particularly from the private sector, for Ukraine.

The European Commission is considering options to finance Ukraine's budget deficit for next year, which could reach $19 billion. Off-budget grants, advance loans, and the use of Russian assets are being discussed.

Asian stock markets are stable, while the dollar strengthens and oil prices fall after the US announced increased tariffs for 14 countries, including Japan and South Korea, starting August 1. The European Union will not receive new increased tariffs.

Danish Economy Minister Stephanie Lose warned that a massive increase in military spending in the EU could pose a serious risk to the bloc's financial stability. This applies to countries that do not control the reduction of budget deficits and public debt.

Moldovan President Maia Sandu stated that the country's future in the EU depends on Moldovans ahead of the September parliamentary elections. The EU has allocated the first tranche of 270 million euros for Moldova.

The United States of America is considering imposing 17% tariffs on agricultural exports from the European Union. European officials are trying to negotiate exemptions for certain goods, including aircraft parts and alcohol.

Ukraine and Denmark have signed an agreement on the establishment of Ukrainian defense production facilities in Denmark. Denmark has become the first country to which Ukraine exports its own defense technologies for production and supply to the Ukrainian army.

Ukrainian President Volodymyr Zelenskyy met with EU and Danish leaders, discussing Ukraine's accession to the EU, strengthening sanctions against Russia, and military aid. The parties emphasized the importance of pressure on the Russian Federation and the use of frozen Russian assets.

European Commission President Ursula von der Leyen announced the transfer of two million shells and 1. 5 billion euros to Ukraine. The aid is financed by Russian funds, which underscores the importance of the Save Safe program for investments in Ukraine's defense.

European Commission President Ursula von der Leyen and Danish Prime Minister Mette Frederiksen stated the need for a strategic rethinking of the EU's defense policy. They emphasized that supporting Ukraine with weapons is an investment in the security of the European Union, and the Armed Forces of Ukraine are deterring a threat to Europe.

During his visit to Denmark, President Zelenskyy stated that he is counting on Denmark's financial contribution to the production of drones for Ukraine. He will also discuss the missile program with the President of the European Council and the President of the European Commission.

Ryanair has canceled 170 flights, affecting over 30,000 passengers, due to a nationwide air traffic control strike in France. The disruptions affect flights to/from France and over its airspace, impacting routes from the UK to Greece and from Spain to Ireland.

European Commission President Ursula von der Leyen will face a no-confidence vote on July 10. The initiative from the Romanian far-right party AUR has gathered almost 80 signatures.

The European Commission and Ukraine have reached a principal agreement on the revision of the free trade area, which will facilitate Ukraine's integration into the EU single market. The modernized agreement includes a level playing field, safeguard clauses, and increased trade flows, taking into account the sensitivity of agricultural sectors.

Budapest is set to host Pride. A record number of participants are expected to protest the Hungarian government's restrictions on LGBTQ+ rights.

Donald Trump announced the suspension of negotiations with Ottawa on tariffs in response to Canada's introduction of a digital services tax on American tech companies. The U.S. will impose tariffs on Canada within seven days.

President of Ukraine Volodymyr Zelenskyy called the results of the European Council meeting "important. " He noted the decisions regarding security support, pressure on Russia, and a high evaluation of Ukraine's transformation on the path to the EU.

The European Commission confirmed its readiness to transfer 2 million artillery shells to Ukraine by 2025 and to provide the remaining 11 billion euros of G7 loans. The President of the European Commission, Ursula von der Leyen, also emphasized the continuation of financial, military, and political support for Ukraine.

The European Council on June 26 approved the extension of sanctions against Russia despite threats from Hungary and Slovakia. Negotiations are currently underway on the 18th package of sanctions, which includes restrictions on pipelines and imports of Russian fuel.