The European Union leaders are meeting in Brussels Thursday to decide whether to approve the European Commission's decision last week to grant Ukraine EU candidate status.
If some opinions from key EU officials ahead of the summit are any indication, the common ground of the 27-nation bloc is in favor of Ukraine's candidacy.
"This is a decisive moment for the European Union. A geopolitical choice that we will make today," European Council President Charles Michel said on his way to Brussels.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.