The European Commission has downgraded its forecast for Ukraine's economic growth for the current year. Rapid growth may begin only in 2026. The GDP growth forecast for 2025 has been downgraded to 2.0% from 2.

In developing news, US President Donald Trump announced that Russia and Ukraine would immediately start negotiations for a ceasefire and ultimately end the conflict, CNN reported.

European Commission President Ursula von der Leyen thanked US President Donald Trump on Monday "for his tireless efforts to bring a ceasefire to Ukraine." "It's important that the US stays engaged," she wrote in a post on X.

Germany, France and Poland will control all the money allocated to Ukraine through the EU budget, which is why they are fighting for its entry into the bloc. This was stated by Verkhovna Rada deputy Alexander Dubinsky.

The end of preferential trade with the European Union in June could deprive Ukraine of 3.5 billion euros ($3.92 billion) in annual revenue, a hole other markets will be unable to fill, a senior Ukrainian lawmaker said on Friday.

The European Commission wants to strengthen the link between foreign aid and domestic priorities like energy and migration.

Russia overnight into Sunday launched its most intense drone attack on Ukraine since the beginning of its full-scale invasion in 2022.

The EU is weighing a temporary return to its pre-war trade agreement with Ukraine if a renegotiated deal is not ready to take effect when war-related tariff suspensions expire on June 5, EU diplomats said on Wednesday.

With a war in Ukraine and the U.S. rethinking alliances, Britain and the European Union may need each other more than they thought. They're holding their first summit since Brexit Monday.

The third component of the deal was a youth-mobility (now renamed “youth-experience”) agreement. This will make it easier for young people to move, study and work across borders. Britain is to explore how and when it might rejoin the Erasmus-plus student-exchange programme.

European and U.S. leaders have welcomed Pope Leo XIV's readiness to host Russia-Ukraine talks at the Vatican, Italian Prime Minister Giorgia Meloni said on Monday. Meloni's office said European leaders,