Nadia Calviño

At least 93 people are still missing after floods swept through southeastern Spain eight days ago, according to a newest official account released yesterday, Wednesday, by the judiciary in Valencia.

The EU's financing body has said it would open up lending to more technologies that can be used by militaries as Europe pushes to rearm in the face of Russia's war on Ukraine.

The European Union has been clambering to produce more weapons in a bid to continue the flow of arms and ammunition to Kiev and keep Europe's own stocks in good health.

Amid growing concerns over security threats posed by Russian aggression, Bulgaria and a coalition of 13 other European Union countries have urged the European Investment Bank (EIB) to bolster defense financing. The call, joined by powerhouse nations Germany and France, aims to enhance the bloc's defense capabilities in response to escalating tensions, as reported by Bloomberg.

The governments of the European Union, which had given themselves time until the end of July to choose their candidate for the head of the International Monetary Fund (IMF), have not yet agreed on the name of Christine Lagarde's successor, the French finance ministry reported.