Ukraine-Russia Diplomacy: Kremlin spokesman Dmitry Peskov ruled out Europe-led ceasefire talks, saying Europe is a party to the war. Security in NATO Romania: A Russian drone hit a Galati apartment block, injuring two and prompting EU and NATO warnings that Russia “cannot violate European airspace with impunity.” EU Trade & Industry: EU commissioners are set for talks on new restrictions on Chinese imports amid fears of “China Shock 2.0,” while Fertilizers Europe criticized a one-year suspension of customs tariffs for nitrogen fertilizers as a threat to EU food security. Markets & Energy: European shares rose on hopes for a US-Iran ceasefire extension and Strait of Hormuz reopening, but the ECB warned war risks lifting euro-area inflation expectations. Climate Shock: An unusually early heatwave broke May records across Europe, with France reporting seven heat-related deaths. Cybersecurity: ENISA’s NIS360 report says cybersecurity maturity is improving in EU critical sectors, though healthcare, rail, maritime, public administration and water lag. Tech & Jobs: Morgan Stanley warns AI could cut 20% of European bank jobs over five years. Business & Society: Council of Europe’s ECRI flagged alarming, trivialised hate speech levels, including anti-Muslim and antisemitic rhetoric. Sports: Crystal Palace won the Conference League 1-0 over Rayo Vallecano; Arsenal face PSG in the Champions League final.