Threads
Stories that unfold over weeks: where things stand, what has changed and what comes next.
Latest changes
Wednesday 29 April
Finance ministers clash over Draghi funding proposals
Eurogroup finance ministers fail to agree on the scale and governance of new EU-level funding for competitiveness, with a split between fiscally conservative states and those demanding a sizeable common fiscal capacity.
ECB holds rates, highlights weak productivity as key challenge
The European Central Bank holds interest rates steady, citing a growth recovery but flagging persistently weak productivity and demographic headwinds. The ECB reiterates its call for structural reforms and progress on Capital Markets Union to mobilise private investment.
Tuesday 28 April
Romanian grand coalition sidelines far-right AUR after election gains
Romania's far-right AUR party is excluded from a grand coalition government formed after a prolonged post-election crisis, highlighting the continued capacity of mainstream parties to block radical-right access to executive power.
AfD excluded from government in eastern Germany despite election wins
In eastern German states of Thuringia and Saxony, mainstream parties form complex coalitions and minority governments to exclude the AfD from power, despite it emerging as the strongest party in state elections.
UK Institute confirms steep acceleration in autonomous cyber capability
The UK AI Safety Institute reports that the length of cyber operations frontier models can autonomously execute with high reliability is now doubling every 4–5 months, an acceleration from its previous estimate of an 8-month doubling time.
Russia announces successful test of Burevestnik nuclear-powered cruise missile.
The Kremlin stated the missile flew 14,000 km, with President Putin framing it as a demonstration of readiness. The test drew condemnation from Ukraine and warnings from the U.S. and NATO about escalating strategic risks.