Overview

• The EU held a crisis summit in Brussels to address the fallout from reduced U.S. military and intelligence support for Ukraine.
• European leaders agreed to significantly increase defense spending, with discussions on revising EU fiscal rules to accommodate military investments.
• Hungary blocked a unified EU declaration on Ukraine, citing opposition to further military aid, leading to a statement of support signed by 26 member states.
• France proposed extending its nuclear deterrent to European allies and called for the potential deployment of peacekeeping forces in Ukraine after a ceasefire.
• The U.S. and Ukraine are planning high-level talks in Saudi Arabia next week to explore frameworks for a potential peace agreement and ceasefire.