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India and EU conclude landmark free trade agreement at 16th summit.
27 Jan 2026
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International
India and EU conclude landmark free trade agreement at 16th summit123
India and the European Union announced the conclusion of their free trade agreement negotiations on 27 January 2026 at the 16th India-EU Summit in New Delhi, creating what EU chief Ursula von der Leyen called a free trade zone of two billion people.
- Conclusion announced 27 January 2026 at Hyderabad House, New Delhi, at the 16th India-EU Summit
- Talks first launched in 2007
- Goyal said about 99 percent of Indian exports are covered
- Von der Leyen described a free trade zone of two billion people
- Still needs ratification before entry into force
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International
EU agrees EUR 90 billion loan for Ukraine instead of Russian assets456
EU leaders agreed on 19 December to lend Ukraine EUR 90 billion using the EU budget after failing to agree on tapping frozen Russian assets.
- Date: 19 December 2025
- EUR 90 billion loan to Ukraine, borrowed by the EU on markets and backed by the EU budget
- Plan to use frozen Russian assets shelved, mainly due to Belgian resistance
- Hungary, Slovakia and Czechia did not block it
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International
EU fines X EUR 120 million under the Digital Services Act789
The European Union fined social platform X EUR 120 million on 5 December for breaching the Digital Services Act, the first major penalty under the law.
- Date: 5 December 2025
- Fine: EUR 120 million under the Digital Services Act, the first non-compliance decision under the law
- Grounds: misleading blue checkmark, inadequate ad repository, no researcher data access
- X has 60 working days to propose checkmark fixes, 90 for the other issues
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