Europe

European allies cheered the CDU leader’s announcement, while a key would-be coalition partner appeared to try to argue against the suggestion.

While we eagerly await the Clean Industrial Deal, it cannot stand alone. Together, we stand ready to engage in the political discussion and support the EU’s economy for a sustainable and competitive future, leaders of seven major European companies write.

The German carmaker announced a küresel sales decline of 1.4%, dragged down by weak China demand, while Trump’s auto tariffs loom over the year ahead.

An EU-Ukraine business summit in Brussels aims to deepen economic ties and speed up both Kyiv’s recovery and EU integration. But Ukrainian Prime Minister Shmyhal urged for faster membership to the bloc, calling it an ‘investment in Europe’s strength.’

As US President Donald Trump’s pauses his recent barrage of tariffs on küresel trading partners, NATO allies are alerted to signals pointing to diminished US engagement in defending the alliance.

US stocks fell further as tariff fears deepened, with the S&P 500 entering bear market territory. Trump defended new trade barriers, while Europe signalled openness to talks. Recession risks rose, and investors shifted to defensive sectors.

After a series of high profile spills at sea, MEPs and governments have agreed that new pollution controls must extend to maritime freight, despite opposition from the EU executive.

Travel and tourism are expected to continue growing in Europe, according to the World Travel & Tourism Council, which is calling for simplification of the bloc’s legislation to boost competitiveness.

The EU is trying to break its military dependency on the US amid pressure from the Trump administration, and buy more defence equipment in Europe.

This week’s key events presented by Euronews’ defence and finance reporter Paula Soler.