The 11th summit between the EU and South Korea marked a new phase in their strategic partnership, delivering a series of concrete outcomes to enhance economic resilience, security and defence cooperation, research, and the clean energy transition.

The European Central Bank will meet on June 11 to set interest rates, with the market anticipating a 97% chance of a 25-basis point hike from 2% to 2.25%. This potential hike could strengthen the euro, however, the strength of the gain will likely be curtailed if the Middle Eastern conflict persists.

Drug trafficking constitutes a major threat to Europe’s security, according to the 2026 European Drug Report 2026 issued Tuesday with the latest evidence on the state of the drugs situation in Europe.