Taste Of Capital
  • Politics
  • Investing
  • Business
  • Stock
Home Investing Europe bulletin: Estonia airspace breach, UK borrowing surge, EU sanctions Russia
Investing

Europe bulletin: Estonia airspace breach, UK borrowing surge, EU sanctions Russia

by admin September 20, 2025
September 20, 2025

Friday’s European news cycle was marked by historic agreements, heightened security concerns, financial strain, and new sanctions on Russia.

Russia violates Estonian airspace in ‘brazen’ act

Estonia said three Russian MiG-31 fighter jets violated its airspace for 12 minutes on Friday, describing the incident as “unprecedentedly brazen.”

Tallinn noted it was Russia’s fourth airspace breach this year, escalating tensions on NATO’s eastern flank.

The incursion followed major Zapad 2025 military exercises by Russia and Belarus, and came a week after Russian drones entered Polish airspace.

Foreign Minister Margus Tsahkna said Moscow’s “ever-increasing testing of borders” required stronger political and economic countermeasures from Western allies.

UK and Ireland reach Troubles legacy deal

Britain and Ireland agreed on Friday to scrap the controversial Legacy Act and replace it with a new framework for addressing crimes committed during the Troubles.

The agreement, fulfilling a Labour government pledge, will allow inquests halted under the 2023 law to resume.

That legislation, introduced by the Conservatives, had granted conditional immunity to ex-soldiers and militants, a provision later ruled incompatible with human rights law.

The Legacy Act was opposed across Northern Ireland’s political spectrum and challenged by the Irish government at the European Court of Human Rights.

UK borrowing hits five-year high

Britain’s public sector borrowing climbed to £18 billion in August, its highest August level in five years, according to ONS data released Friday.

The figure overshot City expectations of £12.75 billion and the OBR’s forecast of £12.5 billion.

Borrowing for the financial year to date rose to £83.8 billion, £16 billion higher than last year and above official projections.

The shortfall adds pressure on Chancellor Rachel Reeves ahead of the November 26 budget and raises expectations of tax rises.

The pound slipped to $1.35 against the dollar, while gilt yields moved higher.

EU adopts 19th sanctions package against Russia

The European Commission adopted its 19th package of sanctions on Friday, including a full ban on imports of Russian liquefied natural gas.

Commission President Ursula von der Leyen said the EU was prepared for the step, citing energy savings, diversification of supplies, and record investment in renewables.

Ursula von der Leyen

@vonderleyen

·Follow

Russia is showing the full extent of its contempt for diplomacy and international law.

So we’re increasing the pressure.

With our 19th package of sanctions covering energy, financial services and trade restrictions ↓ x.com/i/broadcasts/1…

5:15 pm · 19 Sept 2025

2.3K

Reply

Read 840 replies

The new measures accelerate Europe’s energy strategy, which initially targeted a full phase-out of Russian fossil fuels by 2027.

The move follows pressure from US President Donald Trump for Europe to intensify restrictions on Moscow’s energy trade.

The post Europe bulletin: Estonia airspace breach, UK borrowing surge, EU sanctions Russia appeared first on Invezz

previous post
AGMH stock price rally on 6-K filing is largely overdone and warrants selling
next post
Is PONY stock beating robotaxi rivals in the race to profitability?

Related Posts

Is PONY stock beating robotaxi rivals in the race to...

September 20, 2025

AGMH stock price rally on 6-K filing is largely overdone...

September 20, 2025

Evening digest: Trump and Xi to meet, Senate gridlock, Musk’s...

September 20, 2025

Trump set to overhaul H-1B visa program with $100,000 application...

September 20, 2025

Why Trump raised H-1B fees to $100K and what it...

September 20, 2025

Cyberattack grounds flights at European airports: Heathrow, Brussels, Berlin hit

September 20, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Stock News

    • Apple shares are in the green on Friday: here’s why

      September 20, 2025
    • US-UK nuclear energy deal may have turned OKLO stock into a time bomb

      September 20, 2025
    • Morgan Stanley upgrades Brazil’s BB Seguridade rating after 25% slide

      September 20, 2025
    • Is PONY stock beating robotaxi rivals in the race to profitability?

      September 20, 2025
    • Scholastic share price plunge 13% after weak first quarter results

      September 20, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TasteOfCapital.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.
    Copyright © 2025 TasteOfCapital.com All Rights Reserved.

    Taste Of Capital
    • Politics
    • Investing
    • Business
    • Stock