❌

Reading view

EU Parliament’s defence chair urges ‘no compromises on security funding

The EU should not accept any cuts to the proposed allocation of funds to defence and security in the next long-term EU budget, German MEP Marie-Agnes Strack-Zimmermann said in Strasbourg on Wednesday.

“Without security, we have no discussion anymore about anything,” the chair of the European Parliament’s committee on defence and security (SEDE) told the European Newsroom (enr) on the sidelines of Parliament’s plenary session.

The European Commission has proposed €131 billion for investment in defence, security and space under the European Competitiveness Fund in the EU’s 2028–2034 budget. This represents a five-fold increase compared with the current budget period.

Asked what compromise she would accept on the size, funding or allocation of defence spending to secure a budget agreement, Strack-Zimmermann said: “We need everything without compromises.”

The next long-term budget requires unanimous agreement among EU member states and the European Parliament’s consent.

Support for Ukraine

Strack-Zimmermann accused Russia of trying to deter European leaders from visiting Kyiv and undermine their support for Ukraine following attacks during German Chancellor Friedrich Merz’s visit last Sunday.

Asked about accelerating deliveries to Ukraine to defend itself against Russia’s war of agression, Strack-Zimmermann said funding was available but action required approval from national governments.

Ukraine needed humanitarian, military and economic assistance, including money to produce more weapons to protect its people, she said.

All in on SAFE

Strack-Zimmermann urged countries to move faster on joint defence procurement, backing the EU’s Security Action for Europe (SAFE) instrument.

SAFE provides up to €150 billion in competitively priced loans to member states aimed at accelerating large-scale investment in critical capabilities.

“We have more than 150 different weapons systems and to protect Europe we need this SAFE program,” the German politician said.

She said the programme had attracted interest both within and outside the EU. According to the European Commission, 19 EU member states have submitted defence investment plans, such as France, Italy and Poland, but not Germany.

The first non-European country to participate in SAFE was Canada, which concluded an agreement with the EU in June.

  •  

Golden Naked Trump Statue Unveiled at European Parliament

A giant golden statue depicting a naked Donald Trump has gone on display inside one of the European Parliament's buildings.

The post Golden Naked Trump Statue Unveiled at European Parliament appeared first on The Daily Sceptic.

  •  

Warum Merz wirklich nach Kiew gefahren ist

Seit Monaten berichte ich über den Streit zwischen der EU und der Ukraine, in dem es darum geht, dass die EU im Gegenzug für die Auszahlung der Gelder aus dem 90-Milliardenkredit „Reformen“ fordert, die der EU die volle Kontrolle über die ukrainische Polizei, Staatsanwaltschaft und Gerichte bis hoch zum Verfassungsgericht geben. Mit anderen Worten: Die […]
  •  

Europe and China Trade Negotiations: Can Brussels Face Reality? Part 1

The EU’s difficulties in negotiating with China go beyond tariffs and quotas — structural economic differences, political fragmentation within Europe and broader geopolitical tensions reveal a fundamental misunderstanding of the China that Brussels is dealing with and the world in which it must compete. The Strategic Disconnect: Europe’s China Blindspot The fact that European negotiators […]
  •  

Wie die NATO sich in Litauen selbst eine Falle stellt

Litauen ist militärstrategisch ausgesprochen wichtig, denn sollte es zwischen der NATO oder EU und Russland zu einem militärischen Konflikt kommen, wäre Litauen das erste Schlachtfeld. Der Grund liegt in Litauens geografischer Lage, denn das Land liegt im sogenannten Suwalki-Korridor, der Russland von seiner Exklave Kaliningrad trennt. Im Kriegsfall würde die NATO als erstes versuchen, Kaliningrad […]
  •  

Projetos para lares em Loulé avançam

No Dia Internacional do Idoso, que se assinalou esta quinta-feira, 1 de outubro, o Município de Loulé fez o ponto de situação sobre os projetos relativos a três equipamentos sociais de apoio à terceira idade que irão reforçar a cobertura atual em todo o território concelhio.

Durante a semana, a Autarquia reuniu com os responsáveis do Centro Social e Cultural de Vale Judeu, da Associação Esperança e Paz e da Instituição de Solidariedade Social da Serra do Calderão, os promotores do lares que serão criados em breve para dar resposta a uma das necessidades mais prementes no concelho.

Em relação à futura estrutura residencial para idosos de Vale Judeu, neste momento encontra-se em revisão do projeto, “o que significa que, muito em breve, estará pronto para ser lançado o concurso público”. É também neste ponto em que se encontra o lar que irá nascer em Loulé, numa iniciativa que tem o envolvimento direto da Associação Esperança e Paz. “Aguardamos a entrega do projeto de execução para depois ser revisto e também poder ir para concurso”, refere Telmo Pinto.

O alargamento do Centro Comunitário de Nossa Senhora da Conceição, no Barranco do Velho, permitirá  criar mais um equipamento para apoiar a população idosa no interior do concelho, um território marcado pelo envelhecimento demográfico. Este será “um processo mais rápido”, até porque já foram entregues as especialidades, prevendo-se que, num curto prazo, seja lançado o concurso.

No total dos três equipamentos, serão mais 120 lugares em lar disponíveis para uma resposta social em que os equipamentos estão longe de ser suficientes. “Continuamos a trabalhar, juntamente com os responsáveis das instituições, coordenando este trabalho para que nada falhe e possamos responder o mais depressa possível às necessidades das pessoas”, realça o autarca Telmo Pinto.

  •  

Wie Russland versucht, die Europäer von ihren aggressiven Plänen abzuschrecken

Dass die NATO Russland bei Kaliningrad immer heftiger provoziert, wird von westlichen Medien zwar verschwiegen, ist aber nicht zu bestreiten. NATO-Staaten führen bei Kaliningrad fast ununterbrochen Manöver durch, in denen sie die, Blockade, Bombardierung und Eroberung der russischen Exklave üben. Russland hat daher letzte Woche eine deutliche Warnung an die NATO ausgesprochen, über die ich […]
  •  

Der ukrainische Bundeskanzler Friedrich Merz

Die Ukraine bekommt immer mehr Probleme, weshalb Kanzler Merz mal wieder nach Kiew gefahren ist, um über eine Milliarde Euro deutscher Steuergelder zu verschenken. Deutschland bekommt auch immer mehr Probleme, aber für die Deutschen hat Merz kein Geld, denn sonst reicht es nicht für Kiew. Aber was sind die Gründe für die aktuellen Probleme der […]
  •  

Bestrafen die USA die EU für den ukrainischen Beschuss von russischen Raffinerien?

In den USA wird über einen Exportstopp für Diesel in die EU nachgedacht und gleichzeitig erklärt Präsident Trump, die Dieselpreise wären wegen der ukrainischen Angriffe auf russische Raffinerien so explodiert. Wenn die US-Regierung nun vor den anstehenden Wahlen ein Exportverbot für Diesel verhängt, wäre das de facto die Bestrafung der EU für den von ihr […]
  •  

Putin im O-Ton über die neue Weltordnung und den Konflikt mit dem Westen

Der Valdai-Klub ist der wichtigste russische Thinktank zur Geopolitik und inzwischen international als eines der wichtigsten Expertentreffen zu dem Thema anerkannt. Zum Erfolg des Valdai-Klubs und seiner hochrangigen Besetzung hat sicherlich beigetragen, dass der russische Präsident Putin jedes Jahr daran teilnimmt. Dabei hält er eine etwa einstündige Grundsatzrede über die russische Sicht auf die aktuelle […]
  •  

Seventeen EU Countries Push Back Against Cuts to Farm and Cohesion Spending

Seventeen EU governments have joined forces to defend agricultural and regional funding in the bloc’s next seven-year budget, setting up a confrontation with Germany and five other countries demanding substantial reductions to the European Commission’s proposed €2 trillion spending plan.

Seventeen European Union countries have called for agriculture and cohesion funding to be protected from further cuts as negotiations over the bloc’s 2028–2034 budget enter a decisive phase.

In a letter dated 2 October to Irish Taoiseach Micheál Martin, whose government currently holds the rotating presidency of the Council of the EU, the countries said the overall financing of Cohesion Policy and the Common Agricultural Policy should be maintained in the next Multiannual Financial Framework.

The signatories are Bulgaria, Croatia, Cyprus, Czechia, Estonia, Greece, Hungary, Italy, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia, Slovenia and Spain.

The initiative follows months of coordination by the so-called Friends of Cohesion. In an earlier joint position published by the Spanish government, members argued that cohesion, agriculture and fisheries remained central EU policies and called for new EU revenue sources to be “genuine, fair, simple and non-regressive”.

Italian Prime Minister Giorgia Meloni and Romanian President Nicușor Dan have been coordinating the group at leaders’ level. They are expected to convene another informal meeting alongside the European Council on 15–16 October. The two leaders previously brought the group together ahead of the June European Council as governments sought to coordinate their positions on the budget.

The intervention places the group in direct opposition to Germany, Denmark, the Netherlands, Austria, Finland and Sweden.

Those six governments have argued that the Commission’s near-€2 trillion proposal should be reduced by several hundred billion euros. In their joint statement on the 2028–2034 budget, they said national governments were already undertaking fiscal consolidation and that the EU budget could not be exempt from similar pressure. They called for reductions across all spending headings while giving greater weight to security, defence, competitiveness, migration and sovereignty.

EU Today previously reported on the growing pressure from net-contributor countries for deep reductions to the Commission proposal as negotiations moved towards the Irish presidency’s attempt to secure an agreement before the end of the year.

The Commission’s original proposal for the 2028–2034 Multiannual Financial Framework amounts to almost €2 trillion in current prices, equivalent to 1.26 per cent of the EU’s average gross national income over the seven-year period. It substantially restructures the budget, bringing agriculture, cohesion, fisheries, migration and internal security into national and regional partnership plans while allocating more money to competitiveness, research, defence and other emerging priorities.

Agriculture and regional development have consequently become two of the most sensitive parts of the negotiations.

The Council has already backed the principle of the new national and regional plans, but financial allocations remain unresolved. Its negotiating position specifically leaves the money to be settled as part of the overall MFF talks.

EU Today has followed the dispute since the Cyprus presidency produced a negotiating framework in June that proposed reducing the Commission’s plan by about €32.8bn. The disagreement has since widened as governments attempt to reconcile traditional spending on farmers and poorer regions with growing demands for defence, industrial competitiveness and security.

Revenue is another source of disagreement.

The Commission has proposed five new EU own resources, including revenue connected to the Emissions Trading System and Carbon Border Adjustment Mechanism, a contribution based on uncollected electronic waste, a tobacco excise resource and a contribution from large companies operating in the EU. The proposals are intended partly to reduce reliance on national contributions and help finance repayment of pandemic-era borrowing.

EU Today previously examined the dispute over new sources of EU revenue after leaders asked the Irish presidency to develop financing options alongside negotiations over expenditure.

The Friends of Cohesion have also called for a more gradual repayment schedule for NextGenerationEU borrowing and oppose retaining contribution rebates for wealthier member states. Under the Commission proposal, repayments of principal and interest would amount to a fixed €24bn annually between 2028 and 2034, or €168bn across the seven-year budget period.

Ireland now faces the task of narrowing the gap.

The Council’s timetable for the negotiations envisages the Irish presidency advancing the next negotiating framework ahead of the October European Council, with governments seeking a political agreement before the end of 2026. That would leave 2027 for adoption of the legislation required before the new budget takes effect on 1 January 2028.

An agreement among governments will require unanimity. The European Parliament must then give its consent, while the separate decision governing the EU’s own resources also requires unanimous approval by member states and ratification according to their national constitutional procedures.

With 17 governments now explicitly defending agriculture and cohesion spending and six major contributors demanding substantial reductions, the October summit will bring the central budget dispute directly before EU leaders.

  •  

The ECB faces an ugly choice as eurozone inflation hits 3.8pc

Europe was supposed to be emerging from its inflation nightmare. Instead, the nightmare has apparently decided to return for a second act.

Eurozone inflation surged to 3.8 per cent in September, up sharply from 3.2 per cent in August and considerably above the 3.6 per cent economists had expected. It is now almost twice the European Central Bank’s 2 per cent target.

The immediate culprit is familiar: energy. Fuel and natural gas prices have been climbing sharply, while food costs are also beginning to exert pressure. Energy prices were reportedly 18.8 per cent higher than a year earlier in September, compared with a 14.3 per cent annual increase in August.

There is, however, a particularly awkward detail for the ECB. Inflation is not confined entirely to the petrol pump.

Core inflation — stripping out volatile food and energy prices — edged up from 2.4 to 2.5 per cent. Services inflation also rose to 3.2 per cent. That suggests the energy shock may gradually be finding its way into the wider economy, and that is precisely what central bankers fear.

An energy shock is unpleasant. An energy shock which becomes embedded in wages, services and business costs is considerably more troublesome. Once consumers and companies begin assuming that prices will continue rising, inflation can acquire a momentum of its own.

The ECB therefore finds itself facing the oldest monetary-policy dilemma in the book: raise interest rates and risk damaging economic growth, or hold back and risk allowing inflation to become entrenched.

It has already raised rates twice this summer. Its deposit rate currently stands at 2.5 per cent, and investors are contemplating as many as three further increases over the coming year. Yet markets are not expecting an October increase, with the next move not fully priced in until January.

That caution is understandable. Interest rates are a remarkably blunt instrument for dealing with an energy shortage. Raising the cost of borrowing cannot produce another cubic metre of natural gas or another barrel of oil. It can, however, make mortgages more expensive, discourage investment and squeeze companies already facing higher energy bills.

Europe has another problem: its public finances. Governments are under increasing pressure to cushion households and businesses from soaring energy costs. France has already seen street protests over fuel prices, while government support measures risk becoming another burden on national budgets already under considerable strain.

This creates an unpleasant feedback loop. Governments subsidise energy to protect consumers; deficits increase; bond markets demand higher yields; borrowing becomes more expensive; and households and businesses face another round of financial pressure.

France is an obvious danger point. The spread between French and German borrowing costs has risen to multi-decade highs, reflecting growing investor concern about French debt sustainability.

The ECB is consequently being asked to perform an increasingly improbable balancing act: suppress inflation without strangling growth, protect financial stability without appearing complacent, and somehow compensate for an energy shock over which it has virtually no control.

There is one reason for optimism. The underlying inflation numbers have not exploded. ECB policymaker Olli Rehn has pointed out that rising long-term interest rates themselves could restrain the transmission of higher energy prices into wages and other prices.

But that is hardly a comforting economic strategy. Europe is effectively relying on expensive money to prevent expensive energy from becoming even more expensive.

The danger is that policymakers discover they are always one crisis behind.

The eurozone’s inflation rate has already risen from 2.0 per cent at the beginning of 2026 to 3.8 per cent in September. Eurostat’s latest figures show just how rapidly the situation has changed.

If energy prices remain elevated into 2027, the ECB may have little choice but to tighten further.

Europe was promised an inflation victory. Instead, it has been handed yet another bill.

  •  

EU Return Regulation Clears Final Vote

New rules open the way to offshore hubs and longer detention as legal safeguards move into focus BRUSSELS — European Union governments have completed the adoption of a sweeping new system for returning people who have no legal right to remain in the bloc. The regulation allows member states to transfer people to “return hubs” […]

  •  

Frontex Surveillance Faces Libya Rights Challenge

Pending EU court case intensifies scrutiny as governments seek a stronger border agency A pending case against Frontex has returned to the centre of Europe’s migration debate as EU governments consider giving the border agency a larger operational role. The proceedings concern allegations that aerial surveillance helps Libyan forces intercept people at sea and return […]

  •  

Frontex chief calls for better EU border intelligence after Ceuta crisis 

Brussels (European Newsroom) – The European Union should improve how it detects and connects early warnings at its external borders after the mass arrival of migrants in the Spanish autonomous city Ceuta in July, said the chief of the EU border agency Frontex, Hans Leijtens, while insisting that responsibility for border protection must remain with member states. 

“I think we should improve our situational awareness as Europe, and Frontex can play an important role in that,” Leijtens told journalists of the European Newsroom network in Brussels. 

He said a broader picture could be built from satellites, aircraft, observers on the ground and information from social media. Much of the information was already available, he said, but needed to be better connected. 

The remarks come as the European Commission floated plans for a Frontex rapid-response team that could deploy within 24 hours in a crisis. The team would still be sent only at the request of a member state, according to an action plan presented by EU migration commissioner Magnus Brunner in late September. The plan also envisages a larger role for Frontex in returns. 

Leijtens said he did not expect a new Frontex mandate to change the basic division of responsibility. “There I would find it difficult because not only in our mandate but in general protecting European borders is a member state responsibility and we can’t take over responsibility,” he said. 

He described the events in Ceuta as more of a public-order issue than a conventional border incident. Ceuta, a Spanish exclave in northern Africa, saw a sudden mass crossing from Morocco on July 30–31, 2026, triggering a diplomatic dispute among EU countries. Spanish estimates rose from about 72,000 to 80,000 arrivals, while Morocco cited about 40,000. Many people returned before being registered, making the final total uncertain. According to news reports, some 83 people died, and the crisis reignited debate over EU border control, asylum rules, solidarity and Frontex’s role. 

The episode raised a further question for the EU’s early-warning debate: whether the challenge was detecting the signals, sharing them or responding to them. 

Leijtens said the deaths were horrifying and should be prevented. “The fact that so many people lost their lives is absolutely horrifying and something we should prevent.” 

The European People’s Party leader Manfred Weber had called for Frontex to take command in a crisis such as Ceuta. The Commission’s rapid-response plan, by contrast, retains the requirement that a Member State request assistance.  

The Commission’s proposal for a revised Frontex mandate is expected by the end of October. 

  •  

Was der Spiegel über Russlands Warnung an die NATO verschweigt

Russland hat die NATO davor gewarnt, die Lage um die russische Exklave Kaliningrad weiter zu eskalieren. Für diese Warnung gibt es handfeste Gründe, das Publikum der deutschen Mainstream-Medien jedoch nicht kennt. Entsprechend leicht war es für den Spiegel, die russische Warnung in ein vollkommen falsches Licht zu stellen. Schauen wir uns daher zunächst den Grund […]
  •  

A rickety Europe tries to stand up to China

The European Union is embarking on diplomatic hand-to-hand combat with China in an effort to rework its trade with Beijing and show it is not a geopolitical weakling. Using unusually direct terms, the EU has given China a mid-October deadline to provide ways it will reduce its massive trade advantage over Europe. If not, the […]

The post A rickety Europe tries to stand up to China appeared first on Asia Times.

  •  

EIB and BNP Paribas Launch €700m Guarantee Scheme for Europe’s Power Grids

The European Investment Bank and BNP Paribas have agreed a €700 million guarantee programme designed to expand financing for European companies producing equipment for electricity grids.

The agreement targets a growing bottleneck in Europe’s energy system: manufacturers of transformers, cables, switchgear and other components are being asked to increase production while utilities and governments accelerate investment in transmission and distribution networks.

Under the deal, the EIB will provide up to €350 million in counter-guarantees, while BNP Paribas will commit an equivalent amount. The resulting €700 million portfolio of bank guarantees is expected to support companies investing in additional production capacity and supply contracts.

The European Investment Bank said the arrangement could stimulate as much as €2.8 billion in investment in the real economy.

The initiative is backed by the EU’s InvestEU programme and forms part of the EIB’s €1.5 billion Pan-EU Power Grid package. Guarantees are particularly important for infrastructure suppliers because large electricity projects often require manufacturers to provide financial guarantees before receiving contracts.

Those commitments can consume bank credit lines that companies might otherwise use to build factories, purchase machinery or finance working capital.

By sharing the risk with BNP Paribas, the EIB intends to increase the volume of guarantees available without requiring manufacturers to commit equivalent amounts of their own financing capacity.

The programme arrives as grid investment becomes one of the central constraints on European energy policy.

The EU is simultaneously attempting to expand renewable generation, electrify transport and industry, increase cross-border electricity trading and reduce dependence on imported fossil fuels.

All require additional transmission and distribution capacity. EU Today reported earlier this year that the EIB had approved almost €2 billion for clean energy and grid projects as part of a broader €10 billion financing package.

The latest BNP Paribas agreement concentrates specifically on the industrial supply chain needed to build those networks.

Grid investment is increasingly influenced by security concerns as well as electricity demand.

EU Today reported last week that Lithuania is designing part of the Harmony Link infrastructure to withstand drones, sabotage and vehicle attacks near the Russian exclave of Kaliningrad. Such requirements increase the cost and complexity of new electricity infrastructure while demand for conventional grid equipment is already rising.

European manufacturers face lengthy order books for some high-voltage equipment, particularly large transformers and specialised cables. Supply constraints can delay renewable projects and interconnectors even when planning permission and financing are available.

The EIB says its guarantee programme is intended to give manufacturers greater financial capacity to respond. The arrangement follows a similar partnership between the bank and BNP Paribas covering wind-energy manufacturing.

In February 2025, the two institutions agreed a €1 billion guarantee portfolio intended to support investment in the European wind industry. The EIB has subsequently expanded its focus from generation equipment to the networks required to transport electricity.

In 2025, the EIB Group invested €33 billion in energy projects worldwide, including €11.6 billion in grids and storage, according to the institution.

European energy policy has increasingly recognised that adding generating capacity without expanding grids can create congestion, delays and periods in which renewable electricity cannot reach consumers.

Political disagreements remain over how new infrastructure should be planned and financed.

In June, EU Today reported that member states had pushed back against stronger Brussels control over cross-border grid planning, preferring to preserve a significant role for national authorities.

Financing institutions are meanwhile moving ahead with programmes intended to expand the underlying industrial capacity.

For manufacturers, the EIB–BNP Paribas scheme does not provide €2.8 billion of direct public spending. Instead, public guarantees are being used to increase the volume of private financing available, with the EIB assuming part of the risk.

The distinction is central to InvestEU, which uses EU budget guarantees and EIB financing to attract additional private capital.

Europe’s electricity transition is increasingly dependent on this less visible part of the energy system. New wind farms, solar installations, nuclear reactors and industrial electrification projects ultimately require the same infrastructure: sufficient cables, substations, transformers and transmission capacity to move electricity from producers to users.

  •  
❌