Moldova EU push: Vasile Tofan’s new government was sworn in with a clear agenda: restart growth, rebuild public trust, and drive tax, salary and local administration reforms—while Slovenia reaffirmed support for Moldova’s European integration and trade cooperation. US trade shock: Washington is preparing forced-labour tariffs covering 60 economies, with the EU facing an additional 10% surcharge as the temporary levy expires July 24. EU consumer & waste rules: The EU’s ban on destroying unsold fashion takes effect, pushing firms toward resale, discounts and donations; separately, the EU’s Circular Economy Act focus is turning e-waste into a “urban mine” for critical materials. Digital enforcement clash: China hit back at the EU’s record AliExpress fine under the Digital Services Act, warning against “digital trade barriers.” Spain policy & business: Spain approved a smoking ban on bar terraces, beaches and outdoor concerts, while Kiabi plans its first Argentina stores with a $20mn expansion. Finance pressure in the euro area: The ECB’s SAFE survey shows tighter lending conditions and higher borrowing costs for firms. UK growth test: Andy Burnham inherits high economic inactivity and faces the classic dilemma of funding priorities without derailing debt or taxes. Space industrial stakes: Leonardo warned EU antitrust remedies could disrupt a planned space merger, putting strategic autonomy vs merger control in the spotlight.