World
Which EU countries have the biggest gender investment gap?
Only about one in five tech companies across Europe created between 2020 and 2025 included at least one woman founder, according to the European Commission’s The Gender Investment Gap report.
Even when adjusting for this disparity, companies with female founders also received less investment than firms with male founders.
The highest levels of gender diversity were found in Latvia, at 27%, Italy, at 25.9 %, and Portugal, at 25.2%. These rates represent the proportion of companies with at least one female founder.
In contrast, countries such as the Czech Republic (9%) and Hungary (14.4%) remain well below the European average (19.3%).
Equal participation by women entrepreneurs could increase EU GDP by approximately €600 billion, with countries like Poland seeing growth of 1.6% and the Netherlands up to 5.5% by 2040, according to the 2025 Frontier Economics study.
The gender investment gap refers to systematic disparities between women and men in accessing venture capital and participating in investment decision-making.
Among European small and medium-sized enterprises applying for bank loans, female-owned firms report loan-approval rates about five percentage points lower than male-owned firms. That’s even after controlling for age, size, and sector, according to the European Investment Bank.
Gender disparities also extend to capital ownership and investment behaviour, as data shows women are investing less in retail assets.
Female retail investors currently control about €5.7 trillion in Europe, a figure projected to rise to €9.8 trillion by 2030. If women invested on a parity basis with men, Europe could mobilise an additional €2 to €3 trillion in private investable assets.
“These findings point to an EU-wide economic shortfall well into the hundreds of billions of euros annually – capital that could otherwise be fuelling innovation, employment, green – and digital transitions,” the EC report stated.
What is behind this gender gap?
The gender investment gap has been put down to differences in risk appetite between men and women, as well as societal expectations and financial education.
Historically, entrepreneurship and venture finance have been male-coded domains associated with risk-taking, assertiveness, and individualism.
Decision-making bodies in venture capital and private equity remain male-dominated, reinforcing existing investment patterns.
Societal expectations around women’s caregiving roles and work-life balance continue to influence their access to entrepreneurial networks and capital.
According to the European Commission’s report, even in societies perceived as egalitarian, such as Nordic countries, the assumption that gender equality has already been achieved “can itself act as a barrier – masking ongoing structural biases”.
Across Europe, women also face a “double exclusion” of gender and geography.
European venture capital is mainly based in hubs in London, Paris, Berlin, and Stockholm, which leaves founders in Central, Eastern, and Southern Europe structurally disadvantaged.
World
War latest news. Iran, Israeli retaliation triggered: explosions in Tehran, Tabriz and Isfahan. Tehran missiles on Israel. Trump: return to negotiations
US forces in the Middle East shot down two Iranian attack drones that were threatening international maritime traffic in the Strait of Hormuz. This was announced by Centcom in a post on X. Centcom added that “the US military remains ready to continue defending itself against Iranian aggression”
World
Finland’s foreign minister says Ukraine ‘is now holding the cards’ as Russia signals talks
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EXCLUSIVE: Finnish Foreign Minister Elina Valtonen said Ukraine has gained new leverage against Russia, arguing that Moscow’s renewed talk of negotiations comes as Kyiv has strengthened itself militarily, politically and diplomatically.
Valtonen’s comments carry particular weight because Finland is one of NATO’s newest members and now sits on the alliance’s longest border with Russia. Finland joined NATO in April 2023 after Russia’s full-scale invasion of Ukraine, ending decades of military nonalignment and transforming the country into a frontline state in Europe’s security posture.
“Ukraine certainly is now holding the cards,” Valtonen told Fox News Digital Monday in an interview at the United Nations headquarters in New York. “They have strengthened themselves immensely over the course of the past three, four months, both militarily and politically, diplomatically. And I think this opens a great window of opportunity for actually advancing the peace talks.”
UKRAINE MAKES FASTEST GAINS IN YEARS AS RUSSIA TALKS STALL, EXPLOITING CRACKS IN KREMLIN COMMAND
Finland’s Foreign Minister Elina Valtonen at the United Nations headquarters in New York, June 8, 2026. (Efrat Lachter/ Fox News Digital)
Her assessment comes as Reuters reported that Ukraine’s top military commander said Ukrainian forces had recaptured more than 600 square kilometers, or roughly 230 square miles, of territory so far in 2026, a shift after years of slow Russian gains. It also follows renewed diplomatic activity, including Zelenskyy’s stated willingness to halt fighting along current lines as a path to talks and Putin’s public rejection of a direct meeting for now.
Finland shares a roughly 820-mile border with Russia, making it one of the alliance’s most strategically exposed members.
Valtonen said Moscow has shown little willingness to make concessions and argued that the responsibility for ending the war remains with the Kremlin.
“So far, Russia hasn’t been willing to make any concessions, and essentially Russia could end the war today if they wanted to, because it was their war in the first place,” she said. “So I’m hopeful that this could be the right time to relaunch those talks.”
Peace efforts remain stalled over the same core divide that has shaped the war for years: Ukraine has called for a ceasefire and negotiations without surrendering territory, while Russia has continued to demand control over occupied Ukrainian regions. Putin said in early June there was “no point” in meeting Zelenskyy for now and repeated Moscow’s broader war aims.
Asked about U.S.-led efforts to negotiate an end to the war, Valtonen praised Washington’s role but stressed that Ukraine alone must decide whether to accept any concessions, including on territory.
“I think the U.S. involvement in this entire process has been a very good one, and it’s important that the U.S. stays engaged, because at the end of the day, it’s about freedom, it’s the future of not only Europe, but also of global peace,” she said.
ZELENSKYY SAYS US WILL ONLY GUARANTEE UKRAINE’S SECURITY IF KYIV AGREES TO GIVE UP DONBAS
Finnish President Alexander Stubb, Ukrainian President Volodymyr Zelenskyy, U.S. President Donald Trump, French President Emmanuel Macron, Italian Prime Minister Giorgia Meloni, German Chancellor Friedrich Merz, and NATO Secretary-General Mark Rutte prepare to depart after a group photo at the White House in Washington, D.C., on Aug. 18, 2025. (Win McNamee/Getty Images)
Valtonen said Europe also needs to be part of the process because Russia’s war directly affects the continent’s security architecture.
She said any serious negotiations would require Russia to accept a full ceasefire.
“First and foremost, we would need Russia at the table willing to end the war,” Valtonen said. “And that would need to happen through a full ceasefire, because only that would open the possibility for true negotiations.”
Valtonen also credited President Donald Trump with pushing European allies to increase defense spending, saying the pressure had moved the continent in the right direction after years of imbalance inside NATO.
Finland has moved aggressively to increase defense spending. Helsinki plans to raise defense spending to 3.2% of GDP by 2030, up from 2.5% in 2025, Reuters reported in April.
WHY NATO’S DEFENSE SPENDING IMBALANCE LASTED FOR DECADES
Senior border guard officer Juho Pellinen looks at a fence marking the boundary between Finland and Russia near the Pelkola border crossing in Imatra, Finland, on Nov. 18, 2022. (Alessandro Rampazzo/AFP)
Secretary of State Marco Rubio also praised Finland and Sweden Tuesday during a Senate Foreign Relations Committee hearing, saying the two newest NATO members had strengthened the alliance by bringing “their own defense industry” and “advanced technologies.”
He called them “a great partner” and “an extraordinary partner.”
Valtonen said Finland’s approach is shaped by its own history with Moscow.
“Finland obviously has taken the Russian threat extremely seriously because we have the longest border with them,” she said. “We certainly worship our status as the happiest country in the world, i.e. democracy, the rule of law and human rights, which we hold dear as values over anything that Russia could offer.”
She also pointed to Finland’s experience in World War II, when the Soviet Union invaded Finland, as a reminder of why deterrence matters.
“The last time the Soviet Union, i.e. Russia, tried to invade us was during the Second World War,” Valtonen said. “Happily, we were able to fend them off, but of course at the massive cost to the society.”
“For us, it has been clear that if we invest in our deterrence, then that’s a signal to Russia — do not come here,” she added.
On Iran, Valtonen said Finnish President Alexander Stubb’s March comments, reported by The Guardian, that the conflict was not a NATO matter should not be understood as Europe washing its hands of the crisis.
“I don’t think our president meant that this has nothing to do with European countries or NATO allies,” Valtonen said. “I think what he probably meant more is that NATO obviously is not directly involved as an organization, which is true.”
EX-NATO AMBASSADOR WARNS US AND ALLIES MUST ‘STOP THE SNIPING’ AND UNITE TO END IRAN CONFLICT
Swedish soldiers participate in the military exercise Aurora 23 at Berga naval base outside Stockholm on April 28, 2023. A Swedish parliamentary committee recommended on April 26, 2024, that Sweden increase its military budget by nearly $5 billion through 2030 to strengthen air defense and expand conscription after joining NATO. (Anders Wiklund/TT News Agency)
Her comments came after another weekend escalation in the Iran war, with Tehran launching missiles at Israel and Israel striking military targets in western and central Iran overnight. The flare-up unfolded as the U.S. and its allies continue efforts to prevent Iran from becoming a nuclear state and keep pressure on Tehran over threats to Israel and regional shipping.
The Strait of Hormuz, a critical global energy choke point, has become a central focus for Western governments after Iranian threats and restrictions on maritime traffic. Reuters reported Monday that the European Union sanctioned Iranian-linked individuals and an Islamic Revolutionary Guard Corps navy unit over threats to shipping in the strait.
“We as individual member states in Europe have definitely been helping the U.S. effort,” Valtonen said. “We don’t want to see Iran as a nuclear state. We know what kind of a threat Iran has projected towards the region, especially toward Israel.”
Valtonen added Finland has also joined efforts led by France and the United Kingdom to keep the Strait of Hormuz open once conditions allow for safe operations in the area.
“It’s so important that such straits are not weaponized by any country around the world,” Valtonen said.
Asked whether European countries had refused U.S. requests to use bases during the Iran crisis, Valtonen said Finland has no U.S. bases to shut down but argued that most European allies have supported Washington’s requests.
“Finland has been helping the U.S. through so many ways,” she said. “We don’t have any U.S. bases in Finland, so there’s nothing we can shut down.”
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Commander of the Finnish Army Lieutenant General Pasi Valimaki addresses Finnish conscript soldiers after a military exercise at Pori Brigade in Niinisalo, Finland, Dec. 9, 2025. (Anne Kauranen/Reuters)
“But having said this, the vast majority of European countries have said yes to everything that the U.S. has asked during the past couple of months when this war effort has been ongoing, independent of the fact that, of course, we are not directly involved as countries in the war,” she added.
Valtonen said that support demonstrated NATO allies’ willingness to help Washington even when the alliance itself is not formally involved.
“I think that really shows the engagement by NATO allies in this and our willingness to help when the U.S. really needs some assistance,” she said.
World
UN questions legality of Israeli forced evacuation orders in Lebanon
A UN spokesman says forced evacuation orders issued across southern and eastern Lebanon are nearly impossible to follow safely, and calls into question whether Israel is complying with international humanitarian law.
Published On 9 Jun 2026
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