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EC President von der Leyen: Europe stands in full solidarity with Poland after airspace violation

European Commission (EC) President Ursula von der Leyen said on Wednesday, “Europe stands in full solidarity with Poland after violation of airspace.”

Additional quotes

In sanction talks, we are looking at phasing out Russian fossil fuels faster.

Also looking at sanctions on the third-party countries.

We need more sanctions on Russia.Need to work on a new solution to finance Ukraine using frozen Russian assets.

Will launch an 'Eastern flank watch' programme to improve surveillance of countries bordering Russia.

We will build a drone wall.

We ensured that Europe got the best possible deal out there, referring to the US-EU trade deal.

We have put our companies at a relative advantage.

Our direct competitors are facing much higher US tariffs.

The deal provides crucial stability for our relations with the US at a time of global insecurity.

Market reaction

At the time of writing, EUR/USD is treading water just above 1.1700, awaiting the US producer inflation data.

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