ECB Climate Penalties: The European Central Bank plans to dock up to 5% from loans to high-emission firms from end-2027, expanding its “climate factor” to cover credit claims—while critics warn it may overstep its mandate as climate funds pull back. UK Heat Response: Andy Burnham calls an emergency Cobra meeting as Britain faces extreme heat, drought and wildfires, with water-use restrictions being considered. Ryanair x Google Cloud: Ryanair signs a five-year Google Cloud deal to roll out Workspace and Gemini Enterprise to 35,000 staff, aiming to boost productivity and resilience. Crypto Moves Into Equities: Crypto.com launches tokenized stock derivatives for EEA users, trading around the clock via MiFID-licensed products. Youth Jobs Pressure: The ILO reports youth unemployment rising to 12.4% in 2025 (67m jobless), with Northern/Southern/Western Europe among the biggest increases as AI reshapes work. Poland Banking Watch: BNP Paribas’ Polish unit posts an 18% profit drop amid higher taxes and impairments. Energy Disruption: EDF shuts three French nuclear reactors after a jellyfish swarm clogs cooling pumps. Workforce & Skills: Cyprus remains a top online trading hiring hub, with AI appearing more often in job ads.