Anti-Ballistic Missile Push: Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Ukraine and the UK agreed in Paris to build a “purely defensive” integrated anti-ballistic missile coalition, pooling industrial and research muscle and backing the FREYJA programme with a hoped-for operational timeline within a year. Air-Defence Urgency for Industry: Macron said Ukraine is in line for domestic Aster 30 interceptor production licensing, while leaders also discussed joint exercises under the Coalition of the Willing as Russian ballistic strikes strain European stocks. EU Recovery Funding: The European Commission launched the €883.6m “Team Gaza” early recovery initiative with 15 partners, targeting water, sanitation, debris removal and restoration of health, energy, agriculture and food systems. Sweden-Linked Defence Industry Deal: Kongsberg Maritime agreed to acquire Sweden’s Berg Propulsion (Gothenburg), expanding propulsion and electrical systems capacity across the maritime market. Construction Corruption Case: Argentina’s Kirchner-era officials Julio De Vido and José López were sentenced to five years over the Skanska-linked bribery scheme, with several Swedish-firm executives also receiving prison terms. Retail Labour Impact: IKEA stores in Hungary faced a third day of strike disruption, with queues and reduced staffing affecting operations. Packaging & Recycling: Plastipak unveiled pakPET single-pellet PET resin with 30% recycled content, due for August rollout, aimed at food and beverage packaging.