Current Events In Europe 2025. Prime minister michel barnier's minority government's survival has always depended on the indulgence of its enemies. Russian president vladimir putin has approved budget plans, raising 2025 military spending to record levels as moscow seeks to prevail in the war in ukraine.

Inflationary pressures are beginning to wane but not all central banks have taken action yet. The commission has proposed an annual eu budget of almost €200 billion for 2025, boosted by its recovery plan, to support eu priorities and tackle current challenges.