Monday, September 1, 2025

Brussels Edition: Von der Leyen’s troubled landing

A plane carrying Ursula von der Leyen was forced to land without GPS navigational aid following a suspected Russian jamming attack.
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Bloomberg
with Suzanne Lynch

Hello and welcome to the new-look Brussels Edition newsletter. I'm Suzanne Lynch, Brussels bureau chief, and I'll be bringing you all the latest from the heart of the European Union each weekday afternoon.

With the EU playing an increasingly significant role in economic and geopolitical affairs, the relaunched and streamlined newsletter will cut through the noise and make sure you're up to speed on the news that matters most – from the top stories by our journalists in Brussels to exclusive interviews from our TV and radio studios. (Make sure you're signed up.)

It's back-to-school for EU officials today with the start of the unofficial "rentreé" season. There's already been some unexpected drama. The European Commission confirmed this lunchtime an earlier FT report that a plane carrying the EU executive's president, Ursula von der Leyen, was affected by GPS jamming as it landed in Bulgaria yesterday. The government in Sofia blamed Russia.

According to Bulgarian authorities, the GPS signal was "neutralized" as the chartered plane approached Plovdiv airport, forcing air-traffic control to use alternative navigation tools. As Bloomberg recently reported, GPS jamming incidents have significantly increased, particularly in the Baltic region.

News of the incident emerged as von der Leyen wraps up a four-day trip across Europe. Speaking alongside Lithuanian President Gitanas Nausėda this morning before heading to Romania, she pledged additional funding for member states directly bordering Russia and Belarus.

Lithuania's Nausėda during a Bloomberg TV interview in Brussels in March. Photographer: Simon Wohlfahrt/Bloomberg

But while Nausėda called for frozen Russian assets to be seized to help Ukraine, von der Leyen fudged the issue. She urged reflection on the "next steps," amid continuing disagreement within the EU about the legality of using the underlying assets rather than the interest they generate.

Meanwhile, after a bruising summer for Europe as it found itself sidelined by US President Donald Trump on the Ukraine war and forced to swallow a painful compromise on trade tariffs, European Council President Antonio Costa addressed the criticisms head-on.

Speaking today at the Bled Strategic Forum in Slovenia, he acknowledged the "frustration felt by many Europeans" who argue that the EU has been too passive.

While the EU doesn't welcome tariffs, it has to be "honest about the broader picture," he said. "Escalating tensions with a key ally over tariffs, while our Eastern border is under threat, would have been an imprudent risk."

The Latest

  • French Prime Minister François Bayrou struck a combative tone in his effort to gain support for a Sept. 8 confidence vote, but he acknowledged that talks with political parties may not be enough to save his government.
  • Indian Prime Minister Narendra Modi shared a hug with Russian President Vladimir Putin, declaring that India and Russia share a "special relationship" as the two met in China at a summit hosted by President Xi Jinping.
  • Italy and France clashed over tax competition after Bayrou called out Italian Prime Minister Giorgia Meloni's efforts to attract business, reigniting a debate over whether EU countries are seeking economic advantages at the expense of their peers.
  • Equinor said it intends to subscribe for new shares in wind developer Orsted, in a boost for the troubled Danish company which has fallen foul of Trump's fight against windfarms.
  • The US Federal Reserve losing its independence would pose a " serious danger" to the world, European Central Bank President Christine Lagarde said this morning in an interview.

Best of Bloomberg

A BYD electric vehicle (EV) parked outside the Hotel Adlon in Berlin. Photographer: Liesa Johannssen/Bloomberg

There could be more trouble ahead for European car-makers. Chinese phone-maker Xiaomi's first electric vehicle, the SU7 Sedan, has been a hit at home. Now the company will start shipping EV models to Europe from 2027 — that's bad news for the European car industry, according to our Opinion columnist David Fickling.

Chart of the Day

China's automakers are readying a new crop of hybrid and all-electric vehicles, using next week's Munich auto show to kick off the next phase of their expansion in Europe. Latest figures from researcher Dataforce show growing demand in Europe for Chinese EVs in July, while hybrid sales reached a record 9.7% share.

Coming up

  • EU European affairs ministers hold informal meeting in Copenhagen today and tomorrow

  • Von der Leyen visits Romania this afternoon, holds press conference at 4:15 p.m.

  • NATO Secretary General Mark Rutte visits Luxembourg tomorrow

  • German Chancellor Friedrich Merz, Swiss President Karin Keller-Sutter hold joint news conference tomorrow lunchtime in Berlin

Final Thought

There's a near €2 trillion ($2.3 trillion) problem ahead for European bond markets, capping a 2025 already marked by volatility fueled by tariff tensions and deficit worries. The brewing  storm is centered on a long-planned reform of the Dutch pension system, the largest in the euro area.

A café in Amsterdam.  Photographer: Ksenia Kuleshova/Bloomberg

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