Putin's ceasefire conditions dominated morning coverage - freezing frontlines and stopping arms to Kyiv - with Trump calling his statements "promising" while Zelensky predicted ultimate rejection. By midday, discussions focused on Trump's request that Putin spare surrounded Ukrainian troops in Kursk, with Putin demanding their surrender first.
Severe weather intensified throughout the day, with red alerts issued in Tuscany and Emilia-Romagna. The Arno River approached dangerous levels in Florence, prompting evacuations, school closures and business shutdowns in Prato. By evening, two earthquakes struck Italy - a 3.5 magnitude in Campi Flegrei near Naples and a stronger 4.6-4.7 tremor in Foggia province, felt across southern Italy.
Economic tensions continued with Lagarde warning of "serious repercussions" from trade wars, while UniCredit received ECB approval to increase its stake in Commerzbank to 29.9%.