Bloomberg Daybreak: Europe Edition

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Feb 10, 2026
Oliver Crook, Bloomberg chief Europe correspondent covering EU policy and Ukraine accession, breaks down the EU’s plans for embedding Ukraine’s membership in a future peace deal. He also walks through the politics around Keir Starmer’s recent cabinet show of support and the shifting fortunes of Aberdeen as Europe’s long-time oil capital.
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INSIGHT

Starmer's Reprieve Masks Deep Party Friction

  • Keir Starmer won short-term reprieve after his cabinet publicly backed him following internal criticism.
  • The show of support masks deep unhappiness and weakens his standing ahead of local elections.
INSIGHT

EU Considers Fast-Tracked Path For Ukraine

  • The EU is preparing options to embed Ukraine's eventual accession into a future peace deal to give Kyiv protections early.
  • A draft envisages membership by 2027 with interim benefits and a clear reform timeline.
ADVICE

Push Financial Integration And A Digital Euro

  • Christine Lagarde urged lawmakers to push through faster financial integration and reforms to boost growth and resilience.
  • She called for cutting regulation and developing a digital euro to strengthen the bloc's economic sovereignty.
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