Von der Leyen and Costa brief the media after two day EU summit – Europe live

European Commission President Von der Leyen and European Council President Costa held a press conference after a two-day EU summit. The summit focused on the ongoing Ukraine conflict, with leaders discussing ways to support Ukraine amid Russian attacks on its power plants. These attacks are seen as part of a Russian strategy to make Ukrainian cities uninhabitable. The summit's outcome will likely influence European markets, particularly those sensitive to geopolitical tensions, such as energy and defense stocks.

Why it matters

The ongoing conflict in Ukraine and power plant attacks are causing uncertainty and instability in the region. This could lead to a decrease in investor sentiment and a subsequent decline in European equities.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

Explore the intelligence

MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Guardian. For information only — not financial advice.