EU leaders at a ‘Coalition of the Willing’ summit in Paris declared their readiness to commit to politically and legally binding guarantees for Ukraine which would be activated once a ceasefire enters into force.

Bulgaria adopted the euro currency on 1 January 2026, marking an important milestone for the country, following a period of intensive preparation and effort to meet all the necessary requirements.

EU leaders at their final summit of the year agreed to provide a loan to Ukraine of EUR 90 billion for the next two years instead of through Russia’s frozen assets, in view objection from the Czech Republic, Hungary, and Slovakia.

The EU Parliament and Council gave the final green light to amendments to the EU’s deforestation law which seeks to fight climate change and biodiversity loss by ensuring products sold in the EU are not sourced from deforested land.