Articles

  • 4 days ago | bloomberg.com | Andrea Palasciano |Michal Kubala

    Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. NATO was preparing to offer Donald Trump a military-spending target of 5% of GDP on a silver platter. That’s until Spanish Prime Minister Pedro Sanchez rejected the spending plan, threatening to derail a NATO summit that Secretary General Mark Rutte needs to run smoothly — with the military alliance’s survival potentially at stake.

  • 1 week ago | bloomberg.com | Kamil Kowalcze |Michal Kubala

    EU Economy Commissioner Valdis Dombrovskis speaks during a news conference following a Eurogroup meeting in Luxembourg on June 19. (Bloomberg) -- The European Union is continuing intensive trade talks with the US ahead of a July 9 tariff deadline set by President Donald Trump and is “making progress,” according to EU Economy Commissioner Valdis Dombrovskis.

  • 1 week ago | bloomberg.com | Kamil Kowalcze |Michal Kubala

    International Monetary Fund Managing Director Kristalina Georgieva(Bloomberg) -- International Monetary Fund Managing Director Kristalina Georgieva sees a chance to strengthen the euro’s wider role. “There is a great opportunity for the euro to play a bigger role globally,” she told reporters in Luxembourg on Thursday.

  • 1 week ago | bloomberg.com | Viktoria Dendrinou |Daniel Basteiro |Kamil Kowalcze |Michal Kubala

    Paschal Donohoe, president of Eurogroup, during a news conference following a Eurogroup meeting in Brussels, Belgium, on Monday, May 12, 2025. With the euro charting a course for its best year in two decades and asset managers like Amundi SA flipping from bear to bull, Europe's currency is undergoing a resurgence that's rarely been seen at any point since its creation in 1999.

  • 3 weeks ago | thederrick.com | Andrea Palasciano |Michal Kubala

    Germany’s defense chief said his country will need to boost its armed forces by as many as 60,000 active soldiers as NATO member states commit to ramping up defense spending to deter Russia’s military threat. Defense Minister Boris Pistorius said Germany would take on the second-largest burden among the North Atlantic Treaty Organization’s 32 member states as allies agree on a blueprint to re-arm.

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