Lithuanian President Gitanas Nauseda said the European Union shouldn’t rush into peace talks with Russia, distancing himself from recent EU efforts to engage Vladimir Putin.
Gitanas Nauseda, Lithuania's president, at a European Council meeting in Brussels, Belgium, on Thursday, June 18, 2026. European Council President Antonio Costa has made contact with the Kremlin in an effort to engage Russian President Vladimir Putin in discussions about how to end the war in Ukraine.
Lithuanian President Gitanas Nauseda said he expects to see the first results of the country’s diplomatic outreach to China within the next six months, as the Baltic nation moves to mend ties with Beijing following a spat over Taiwan.
The city skyline in Vilnius, Lithuania, on Saturday, June 7, 2025. The March for Equality is part of the Baltic Pride 2025 festival.
The European Union needs to appoint an envoy for peace talks with Russia when the time is right, Latvian Prime Minister Andris Kulbergs said, as the bloc seeks to play a role in ending the war in Ukraine.
Latvia's Prime Minister Andris Kulbergs at the Latvian Embassy in Brussels, on June 18. Photographer: Wiktor Dabkowski/Bloomberg
European Central Bank Governing Council member Primoz Dolenc said Thursday’s interest-rate increase was necessary to keep prices in check while officials consider the broader implications of conflict in the Middle East.
European Central Bank Governing Council member Primoz Dolenc said Thursday’s interest-rate increase was necessary to keep prices in check while officials consider the broader implications of conflict in the Middle East.
The European Central Bank may have to respond to the economic challenges arising from the conflict in the Middle East, according to Governing Council member Joachim Nagel.
The European Central Bank may have to respond to the economic challenges arising from the conflict in the Middle East, according to Governing Council member Joachim Nagel.
Risks to the global economy have worsened as the conflict in the Middle East drags on, OECD Secretary General Mathias Cormann said on the sidelines of a Group of Seven meeting.
The OECD was the first major international institution to warn in March that the Iran war would fuel price increases and dampen economic activity.
Risks to the global economy have worsened as the conflict in the Middle East drags on, OECD Secretary General Mathias Cormann said on the sidelines of a Group of Seven meeting.
The OECD was the first major international institution to warn in March that the Iran war would fuel price increases and dampen economic activity.
Risks to the global economy have worsened as the conflict in the Middle East drags on, OECD Secretary General Mathias Cormann said on the sidelines of a Group of Seven meeting.
The OECD was the first major international institution to warn in March that the Iran war would fuel price increases and dampen economic activity.
Global bond jitters took center stage as Group of Seven finance chiefs discussed how oil-fueled inflation risks overshadowing world economic prospects.
Global bond jitters took center stage as Group of Seven finance chiefs discussed how oil-fueled inflation risks overshadowing world economic prospects.
Global bond jitters took center stage as Group of Seven finance chiefs discussed how oil-fueled inflation risks overshadowing world economic prospects.
The foreign ministers of Latvia and Lithuania said their countries would be ready to host more US soldiers after the administration of President Donald Trump announced it will withdraw thousands of troops from Germany.
US soldiers take part in an exercise in Latvia in 2025.
Poland supports plans for bond issuance by the European Union to help member states pay for defense spending to ward off threats from Russia, Finance Minister Andrzej Domanski said.
Leopard tanks during a Polish Army Parade in Warsaw in 2025.
Poland supports plans for bond issuance by the European Union to help member states pay for defense spending to ward off threats from Russia, Finance Minister Andrzej Domanski said.
Leopard tanks during a Polish Army Parade in Warsaw in 2025.
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