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Year in review: Ten defining moments for Europe in 2023

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Year in review: Ten defining moments for Europe in 2023

As the year draws to a close, Euronews breaks down ten pivotal moments that shaped Europe in 2023.

1. One year of war in Ukraine

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Ukrainian President Volodymyr Zelenskyy marked one year since the outbreak of Russia’s war in Ukraine with a whirlwind tour of London, Paris and Brussels. He called on allies to step up their support for the war-torn country, and in Brussels pitched for Ukraine’s speedy accession to the European Union.

“This is our Europe. These are our rules. This is our way of life. And for Ukraine, it’s a way home,” Zelenskyy told a full house of the European Parliament in Brussels.

2. Finland joins NATO

Finland became NATO’s 31st member on April 4, doubling the alliance’s border with Russia.

The invasion of Ukraine prompted Finland and Sweden to abandon their decades-long policy of military non-alignment, with both countries applying for NATO membership in May 2022.

Turkish President Recep Tayyip Erdogan stalled Sweden’s accession over concerns the country was harbouring Kurdish militants. He dropped his veto in July and the Turkish parliament gave its consent in December, paving the way for Sweden’s accession in early 2024.

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3. The Adriana migrant boat disaster

An overloaded fishing boat carrying up to 750 migrants capsized off the coast of Pylos, Greece on 14 June, in one of the deadliest shipwrecks in the Mediterranean.

A search and rescue operation by Greece’s Hellenic Coast Guard (HCG) and the military rescued 104 men and recovered 82 bodies. Still, officials later confirmed over 500 were presumed to have lost their lives.

Conflicting testimonies raised questions as to whether an HCG rescue boat had caused the boat to sway and capsize. The EU’s border agency Frontex also faced mounting scrutiny over its part in the response operation.

4. EU’s Nature Restoration Law survives knife-edge vote

A new bill aiming to rehabilitate at least 20% of EU land and seas by 2030 survived a knife-edge vote in the European Parliament in July. 

Right-wing parties, particularly the European People’s Party (EPP), had led a bitter campaign in a bid to entirely reject the legislation, citing a threat to the livelihood of farmers and fishers. The vote was seen as a victory for progressives, environmentalists and conservationists, who held out against fierce backlash in a bid to protect Europe’s biodiversity.

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The law passed its next hurdle in November when lawmakers struck an agreement with the bloc’s member states.

5. Greece fights largest wildfire on record in EU

The largest wildfire ever recorded in the EU raged in north-eastern Greece in August, as the EU mobilised half of its aerial firefighting fleet to contain the blaze.

The most recent data from the European Forest Fire Information System (EFFIS) suggests that over 463,000 hectares of land burned across the EU’s 27 member states this year alone, with Spain’s canary islands, the Greek islands of Rhodes and Corfu, Portugal’s southern Algarve region and the Italian island of Sicily all experiencing intense summer blazes.

6. War erupts between Israel and Hamas

Hamas militants’ deadly rampage in Israel on October 7 left more than 1,100 dead and around 250 hostages. It marked the beginning of a devastating war that has since raged relentlessly, with just one six-day respite in fighting in late November. More than 20,000 Palestinians are estimated to have lost their lives in the conflict.

The humanitarian crisis engulfing the Gaza Strip prompted mixed reactions from Europe. While some nations called for a humanitarian ceasefire from the outset, others resisted, citing Israel’s right to self-defence and the need to eradicate Hamas through military means.

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By early December, a majority of the EU’s member states backed a United Nations resolution calling for an “immediate humanitarian ceasefire.”

7. Pro-EU opposition takes power in Poland

Opposition parties secured enough votes to oust the ruling Law and Justice party (PiS) in Poland’s October election, paving the way for former European Council president Donald Tusk to become the new prime minister.

Although PiS was the largest party at 35% of the vote, Tusk was able to form a coalition government after his Civic Coalition party struck an agreement with two other pro-EU parties, the Third Way Party and the New Left.

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Tusk has since taken the first steps to change policies related to the rule of law, launching the process to join the European public prosecutor’s office and sacking the bosses of state TV and radio, which had been under the tight grip of his populist predecessors.

8. Amnesty deal sparks protests in Spain

July’s inconclusive general election left no clear road to government for the right- or left-wing coalitions in Spain. But Pedro Sánchez’s socialists struck a deal with Catalan separatists to form a government in exchange for a controversial amnesty for those who participated in the failed attempt at secession from Spain in 2017.

The deal sparked weeks of violent protests in Spain’s capital Madrid, and invited scrutiny by officials in Brussels, amid concerns about potential rule of law breaches.

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9. Geert Wilders wins Dutch election

The Dutch snap election delivered a shock result in November, as the Eurosceptic, anti-Islam Party for Freedom (PVV) snatched victory after a last-minute surge in the polls.

PVV leader Geert Wilders has since vowed to tame his hardline policies, after previously calling for a ban on mosques and Islamic headscarves, and a referendum on the Netherlands’ exit from the EU.

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But with centre-right parties hesitant to join forces with Wilders, he could fail to piece together a 76-seat majority in the ongoing coalition talks.

10. Ukraine, Moldova and Georgia inch closer to EU membership

In a historic move, EU nations approved opening formal talks on Ukraine and Moldova’s EU membership in December, following the European Commission’s recommendation.

Viktor Orbán abstained from the vote in a choreographed political move, as he left the room momentarily to allow the remaining 26 leaders to take a unanimous decision. Georgia was also made an official candidate for EU accession.

Russia’s war in Ukraine has injected a new sense of urgency into the EU’s enlargement, as the bloc looks to integrate its eastern flank, including war-torn Ukraine.

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Brussels had also hoped to approve a €50-billion long-term fund for Ukraine in a December summit but faced resistance from Orbán.

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The decision has been postponed to February when leaders could be forced to piece together a makeshift fund outside the core EU budget if Orbán continues to dig in his heels.

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Morning Bid: ‘Tis the season for macro forecasts

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Morning Bid: ‘Tis the season for macro forecasts

LONDON, December 5 (Reuters) – Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend.

From the Editor

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Hello Morning Bid readers!

We’ve entered the final month of the year, and that means one thing: 2026 market outlooks. While it’s tough to find many U.S. equity bears, forecasts are arriving with quite a few qualifiers – which is understandable given that so much is riding on an artificial intelligence boom that’s shrouded in uncertainty.
AI adoption might truly take off next year, but as ROI editor-at-large Mike Dolan argues, U.S. GDP growth is likely still going to be constrained by a 150-year 2% trendline, especially if technological innovation runs up against supply chain or labor market bottlenecks.
Speaking of the U.S. labor market, the picture there is once again clear as mud. On Wednesday, U.S. private payrolls for November came in at negative 32,000 – well below consensus and the biggest drop in more than two and a half years. Yet Thursday brought news that the number of Americans filing new applications for unemployment benefits had slid to the lowest level in a more than three years.
And despite all the talk of a K-shaped economy, a slice of consumer delinquency figures suggests the U.S. economic picture might not be so grim.
On top of that, fears about foreign investors souring on U.S. stocks may also be misplaced. Overseas private sector inflows into U.S. stocks are running at record-high levels, having re-accelerated in recent months. The big question now is whether this can be sustained next year.
Over in Asia, Japan’s 10-year yield jumped to its highest point since 2007 on Friday, shooting up over 25 bps in four weeks, even as the government of Prime Minister Sanae Takaichi has sought to soothe investor concerns about her $137 billion spending plan.
The battered yen continues to hover around 155 to the dollar, near the higher end of its multi-decade range. The currency’s seemingly excessive weakness may be a ticking time bomb, argues Eurizon SLJ CEO Stephen Jen.
In energy markets, the week started off with OPEC+ announcing that it would keep production levels unchanged through the first quarter. But uncertainty surrounding sanctioned volumes complicates the market outlook.
Staying with OPEC+, changes its making to its oil production quota system could spark a wave of upstream investments.
Meanwhile, in the gas market, Europe is preparing to phase out Russian imports by 2027. ROI energy transition columnist Gavin Maguire explains which countries will be most affected.
Over in metals, copper continues its bull run, but this boom does not mean global manufacturing is firing up commensurately heading into 2026.
Looking to next week, the main event is the Federal Reserve meeting. A 25 bps cut is all but guaranteed, but Fed-watchers will pay close attention to the number of dissents, as this may speak to the growing divisions in a body long known for consensus.
The real Fed story, however, remains Present Donald Trump’s selection of the next Chair. Mike Dolan argues that if White House adviser Kevin Hassett is selected – as Trump has hinted – he will effectively serve as a “shadow Fed Chair” for five months – with markets hanging on his every word.

As we head into the weekend, check out the ROI team’s recommendations for what you should read, listen to, and watch to stay informed and ready for the week ahead.

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I’d love to hear from you, so please reach out to me at anna.szymanski@thomsonreuters.com, opens new tab ., opens new tab
This weekend, we’re reading…CLYDE RUSSELL, ROI Asia Commodities and Energy Columnist: You don’t need to be a chess player to appreciate the story of Sarwagya Singh Kushwaha, the youngest player in chess history to earn an official FIDE rating before the age of four.RON BOUSSO, ROI Energy Columnist: A picture is worth a thousand words. That’s why I recommend looking at this exquisite collection of the Reuters’ top photographs of 2025, selected from the 1.6 million photos released to clients this year. And what a year it’s been…GAVIN MAGUIRE, ROI Global Energy Transition Columnist: This updated high-def map of U.S. Data Center infrastructure created by the chief cartographer at the recently renamed National Renewable Energy Laboratory (NREL) is a thing of beauty. It really highlights the enormous scale of the activity taking place across the country as transmission lines and server farms get up at running to power the AI revolution: https://docs.nrel.gov/docs/gen/fy26/98020.jpg, opens new tabJAMIE MCGEEVER, ROI Markets Columnist: The U.S. – and the world – is experiencing an intense speculative AI boom. To get a sense of where it might lead, economics professors Simon Johnson and Piero Novelli look back and Charles Kindleberger’s “Manias, Panics and Crashes”. The book, published in 1978, raises three fundamental questions relevant to today., opens new tabWe’re listening to…MIKE DOLAN, ROI Editor-at-Large: It’s not often you get a podcast on ‘r*’! With the Fed meeting up next week, this Brookings podcast on the theoretical ‘neutral’ rate of interest shows how the shocks of recent years may see this rate creeping higher after years of decline., opens new tabJAMIE MCGEEVER, ROI Markets Columnist: Michael Burry of ‘The Big Short’ fame doesn’t really do media beyond his often cryptic posts on X – and interviews are even rarer. But fast forward through about 6-7 minutes of ads and intro, and you get one here on the ‘Against the Rules’ podcast with author Michael Lewis., opens new tab

And we’re watching…

ANNA SZYMANSKI, ROI Editor-in-Charge: We’ve just launched the Morning Bid daily podcast, opens new tab, which will be available in audio and video. Subscribe to hear and see ROI editor-at-large Mike Dolan and other Reuters journalists discuss the biggest news in markets and finance seven days a week.
Want to receive the Morning Bid in your inbox every weekday morning? Sign up for the newsletter here. You can find ROI on the Reuters website, opens new tab, and you can follow us on LinkedIn, opens new tab and X., opens new tab
Opinions expressed are those of authors. They do not reflect the views of Reuters News, which, under the Trust Principles, opens new tab, is committed to integrity, independence, and freedom from bias.

Our Standards: The Thomson Reuters Trust Principles., opens new tab

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Russian spies infiltrate UK on cargo ships to scout military sites, find weaknesses

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Russian spies infiltrate UK on cargo ships to scout military sites, find weaknesses

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Two suspected Russian spies are believed to have secretly entered the U.K. on cargo ships before traveling to locations close to key military bases and critical government infrastructure, according to reports.

The i Paper claimed the two men arrived in the U.K. during the spring and summer of 2025, using ports at Torquay, Middlesbrough and Grangemouth, in the north-east.

A U.K. defense source also suggested the men were linked to President Vladimir Putin’s military and intelligence networks.

BRITAIN SAYS RUSSIAN SPY SHIP IS ON EDGE OF UK WATERS, AS DEFENSE SECRETARY ISSUES WARNING TO PUTIN

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Two suspected Russian spies entered the U.K. via cargo ships through Torquay, Middlesbrough and Grangemouth ports before visiting areas near military bases. (PAUL ELLIS/AFP via Getty Images))

The pair are alleged to have accessed the country covertly by exploiting commercial shipping routes rather than passing through heavily monitored border entry points.

The ships they used were reportedly neither Russian-flagged nor part of the sanctioned shadow fleet associated with the Kremlin, making them far less likely to attract scrutiny.

A senior NATO official responsible for protecting Europe’s maritime waters told the outlet that intelligence agencies had detected Russian operatives traveling on non-suspicious cargo vessels.

The official said those types of ships offer an ideal way of moving personnel discreetly.

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US TURNS TO FINLAND TO CLOSE ARCTIC ‘ICEBREAKER GAP’ AS RUSSIA, CHINA EXPAND POLAR PRESENCE

Putin is testing the boundaries of NATO with aircraft incursions, allied states say. (Ramil Sitdikov/Pool/Reuters )

“It would be the most natural place to move people around in that world, and we think it’s going on,” the source said.

“They are not sailing on shadow fleet tankers, they are sailing on all [types of] ships,” the source claimed, adding that Russian agents had monitored and “tested European ports to find weaknesses.”

One of the suspected operatives is reported to have entered the U.K. through Torquay in the South West after traveling from Finland. 

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The second, previously seen in Moscow at an intelligence-linked facility, was suspected of traveling from Kaliningrad and entering via Middlesbrough and Grangemouth.

After spending time around the storage facility at Grangemouth, the second operative also traveled to Falkirk, where they visited a retail park.

NATO CONSIDERS ‘MORE AGGRESSIVE’ RESPONSE TO RUSSIA’S HYBRID THREATS

Suspected Russian operatives entered the U.K. through ports near weapon facilities to test security weaknesses. (John Keeble/Getty Images)

Both British docks were recently proposed by the Ministry of Defense as potential sites for future U.K. weapons factories. 

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They are currently unused brownfield locations, increasing concerns over the security implications of the alleged visits.

Elisabeth Braw of the Intelligence Council and senior fellow at the Atlantic Council told the i Paper that it makes sense for Russian intelligence to exploit these weaknesses.

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“It doesn’t surprise me that Russia wants to bring certain people into the country even though they can reach people who are already there,” she said.

“They need their own operatives to conduct this sort of activity,” Braw added.

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Russian gas and oil in Europe are done for good, Energy Commissioner tells Euronews

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EU legislators agreed this week on a historic deal to end energy dependency on Russian gas by 2027. Commissioner Jørgensen told Euronews’ Europe Today morning show that Europeans must never allow Moscow to weaponise energy, and a Russian oil ban could be next.

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