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Germany's ruling coalition has agreed on a broad package of tax, labour and pension reforms aimed at reviving Europe's largest economy and countering the far-right AfD's rise. The measures include €10 billion in income tax cuts for lower and middle earners, financed by higher taxes on high incomes, and a gradual increase in the retirement age past 67.
German federal prosecutors have filed charges against a 50-year-old Ukrainian national, identified as Serhii K, over the 2022 Nord Stream pipeline explosions. The suspect is accused of acting on behalf of Ukrainian state authorities, a claim Kyiv has not yet fully addressed. The case marks the first formal charges in the sabotage investigation.
Russian Deputy Foreign Minister Mikhail Galuzin said the personal qualities of a potential EU negotiator are inconsequential as long as Brussels presents conditions Moscow regards as unacceptable and tantamount to capitulation. He also rejected approaches from Berlin, London, and Paris to the Ukrainian peace process as ultimatums.
KNDS, Europe's largest tankmaker, has postponed its planned stock market flotation, citing volatility in the European defense sector. The IPO was intended to allow the German government to acquire a 40% stake, aligning with France's planned reduced shareholding. Berlin has expressed continued commitment to the project.
Russia unleashed a major overnight attack on Kyiv, killing at least 20 people and injuring over 90, according to Ukrainian officials. Residential buildings were hit, and a Red Cross warehouse was destroyed, while air defenses intercepted many of the drones and missiles.
Russia's international reserves fell by $28.6 billion, or 3.8%, to $715.2 billion as of June 26, 2026, according to Central Bank data reported by TASS. The decline was primarily attributed to negative revaluation, following a week of gains. The reserves include foreign currency, Special Drawing Rights, a reserve position in the IMF, and monetary gold.
India's oil minister stated the country could supply fuel to Russia if needed, as Ukrainian attacks on Russian refineries have caused fuel shortages. Reports also indicate Indian-origin fuel may have reached Russia via traders, while India has significantly increased its own imports of Russian crude following the closure of the Strait of Hormuz.
German opposition figures from the AfD and BSW have called on the government to halt military aid to Ukraine after German prosecutors charged a Ukrainian national over the Nord Stream pipeline sabotage. The party co-chairs also voiced opposition to Ukraine's EU and NATO membership and advocated for renewed diplomacy and Russian gas imports.
Kremlin spokesman Dmitry Peskov addressed the EU's transformation into a military-political-economic bloc, reiterated allegations of Kiev's involvement in Nord Stream sabotage, and detailed Russia's massive retaliatory strike on Ukrainian military facilities. He also discussed Zelensky's legitimacy, Medvedev's role at Khamenei's farewell, and escalating EU-Russia tensions.
The Kremlin acknowledges media speculation about potential presidential elections in Ukraine but says it has received no official statements, while reiterating doubts about President Zelensky's legal mandate. Reports suggest former army chief Valery Zaluzhny has told Zelensky he would run if a vote were held, despite efforts to persuade him otherwise.
German federal prosecutors have indicted Ukrainian national Serhii K. over the 2022 Nord Stream pipeline explosions, alleging he acted on orders from Ukrainian state authorities. Ukraine denies involvement and has proposed a joint investigation. The case adds strain to Germany-Ukraine relations.
Russian Senator Konstantin Kosachev said the conflict in Ukraine will end at the negotiating table, but that any settlement documents will be shaped by the frontline situation. He stressed that Moscow is ready for compromises, yet insists that addressing the root causes of the conflict remains a vital, non-negotiable principle.
Germany's Federal Prosecutor General has filed charges against a Ukrainian national, Sergey K., over the 2022 Nord Stream pipeline sabotage, alleging he led a group acting on behalf of Ukrainian state agencies. The charges include war crimes and attacks on civilian infrastructure, with prosecutors citing intercepted calls and evidence from a rented yacht. The suspect, detained in Italy and extradited to Germany, is held in pretrial detention in Hamburg.
Russian forces launched a massive overnight drone and missile attack on Kyiv, striking residential buildings and killing at least 30 people, according to Ukrainian officials. The attack, which President Zelenskyy had warned about, prompted Poland to scramble fighter jets as a preventive measure.
Russian drone and missile attacks on Kyiv overnight killed at least 13 people and injured over 80, with a hotel and residential buildings damaged. Mayor Vitali Klitschko called it the 'most massive enemy attack,' and President Zelenskyy renewed pleas for air defense supplies.
Russia's Defense Ministry reports a massive retaliatory strike on Ukrainian military-industrial and energy sites following alleged attacks on Russian territory. Strikes targeted fuel depots, oil refineries, and airfield infrastructure across several regions, with Ukraine reporting blasts and power outages.
Russia's human rights ombudswoman Yana Lantratova says Russia and Ukraine are working on another prisoner exchange, with lists being verified. The statement follows a recent swap of 160 for 160 on June 26, and comes amid ongoing tensions.
Overnight Russian drone and missile attacks on Kyiv killed at least 13 people and wounded dozens, according to local authorities. President Zelenskyy had warned of an impending assault and cut short a visit to Dublin.
Officials in the Donetsk People’s Republic report Ukrainian military shelling of residential areas over the past 24 hours, with conflicting accounts of casualties and damage. According to statements from the DPR head’s office, the attacks varied in intensity and impact.
Polish President Karol Nawrocki stripped Ukrainian President Vladimir Zelensky of the Order of the White Eagle after Kyiv named a military unit after 'heroes of the UPA.' Ukrainian officials, including three former presidents, renounced Polish awards in response, prompting sharp comments from Russian officials.