European

European defence IPO: KNDS lays out listing plans that could value it at up to €15bn

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One of Europe’s largest military equipment producers, KNDS, rolled out long-awaited details of its initial public offering (IPO), aiming for a dual listing in Paris and Frankfurt in the coming weeks.


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The IPO could value KNDS, the maker of Leopard and Leclerc tanks, at between €12bn and €15bn, according to the Financial Times, potentially making it one of Europe’s largest defence listings in recent years.

The listing comes at a time when European military budgets are surging, driven by the war in Ukraine and doubts over the reliability of the US as a security guarantor.

The company declined to comment on the precise date, but CEO Jean-Paul Alary told reporters the offering was expected within weeks.

According to Alary, the move comes as the continent enters what he called a new era of defence and security, with armed forces modernising rapidly and rebuilding the land-warfare capabilities run down during decades of lower spending.

According to Reuters, the firm has now formally launched the IPO process, which is expected to take place in mid-July.

The announcement comes days after Germany unveiled plans to acquire a 40% stake in KNDS, saying the move would secure long-term influence over a company it considers strategically important to European security and defence.

France, which currently owns 50% of KNDS, is expected to reduce its stake to 40%.

The remaining 20% of the company is set to be floated on the stock market, with France and Germany each retaining 40% stakes following the transaction.

According to the Financial Times, the shares are expected to be marketed primarily to institutional investors amid strong demand for European defence stocks.

Once the listing is completed, KNDS shares will begin trading on Euronext Paris and the Frankfurt Stock Exchange, giving investors direct exposure to one of Europe’s largest land-defence manufacturers.

KNDS was created in 2015 through the merger of Germany’s Krauss-Maffei Wegmann and France’s Nexter.

A growing headache for Rheinmetall

The rapid emergence of the rival adds to the pressure on Rheinmetall, Europe’s largest ammunition maker and KNDS’s main competitor in subsectors such as land systems.

The Düsseldorf-based group, whose shares have shed roughly a quarter of their value this year, had itself reportedly hoped to buy into KNDS, only to be shut out by the governments’ intervention.

To make matters worse, Berlin announced it would scrap Rheinmetall’s multi-billion-euro F126 frigate programme, which would have been Germany’s largest warship order since the Second World War, in favour of smaller vessels from rival builder TKMS.

Rheinmetall, which had been poised to take over the project, fell 13% in early trading on Wednesday due to the news.

The squeeze also coincides with regulatory scrutiny at home.

Germany’s Monopolies Commission has warned that defence procurement is concentrated among a small number of suppliers, potentially weakening competition and driving up costs.

Calling for reforms to procurement rules, commission chairman Tomaso Duso said competition was “the fundamental pillar of Europe’s economic order” and should play a greater role in the defence sector.

A listed KNDS will give investors a direct yardstick against which to measure Rheinmetall’s order momentum and margins.

Additional sources • AFP

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Six of the best European destinations without the 40C temperatures

THE mercury is rising as the UK and Europe sizzle through a second June heatwave, with temperatures soaring to over 40C.

The increasingly fierce heat has prompted a new trend and, of course, an obligatory trendy moniker – the COOL-CATION.

Close to the Julian Alps, Lake Bled is the cooler alternative to Lake Como, offering watersports and hiking accompanied by a refreshing Alpine breezeCredit: Refer to source

Increasingly, those of us who suffer in the heat are seeking out holidays where the sun shines but the degrees stay sensible.

Here, Lisa Minot, suggests six of the best holiday destinations abroad that escape the heat but still score highly in summer . . . 

The iconic double-deck metal arch Dom Luís I Bridge spanning the Douro River in Porto Credit: Leamus

FOR beach breaks, Portugal’s Costa Verde, in the north of the country, is an ideal choice.

While there’s still plenty of sunshine, the Atlantic breezes mean cooler temperatures than the Algarve.

WAIL OF A TIME

I drove Irish Route 66 with deserted golden beaches and pirate-like islands


TEMPTED?

Tiny ‘Bali of Europe’ town with stunning beaches, €3 cocktails and £20 flights

It’s also a green haven — think verdant forests and vineyards producing the popular Vinho Verde wine.

Solmar Villas has 30 villas in the region including Casa do Casal.

Sleeping four, this chic, modern villa includes a private pool.

Seven nights’ self-catering is from £697pp, based on four sharing, including flights from Gatwick on July 12.

See solmarvillas.com.

CLOSE to the Julian Alps, Lake Bled is the cooler alternative to Lake Como, offering watersports and hiking accompanied by a refreshing Alpine breeze.

Newmarket Holidays has a great tour that includes excursions around the lake, combined with Croatia’s Istrian Riviera and the glorious Plitvice National Park.

With expert guides, visit Rovinj on the coast and the remarkable Lim Fjord.

The eight-day trip includes flights, four excursions and 14 meals.

Prices start from £1,324pp.

For further details, visit newmarketholidays.co.uk.

Get the best of all worlds with a visit to the gorgeous little Swedish city Malmo Credit: Getty

GET the best of all worlds with a visit to this gorgeous little Swedish city.

With summer temperatures typically from 20C to 23C, it has a laid-back coastal feel with sandy beaches, waterfront dining and easy links to Danish capital Copenhagen, via the Oresund Bridge.

There’s sea-swimming and saunas, of course, plus pretty streets with traditional architecture.

The UNITY Malmo hotel is a ten-minute walk from the city centre and a great base.

Three nights’ B&B is from £391pp including flights from Gatwick on July 5.

See easyjet.com/en/holidays.

SESTRIERE, ITALY

Club Med Pragelato-Sestriere in Italy’s Piedmont region Credit: Supplied

SPORTY types need not break a sweat this summer with a stay at Club Med Pragelato-Sestriere in Italy’s Piedmont region.

With its refreshing Alpine climate — it was built for the 2006 Winter Olympics — there’s plenty to keep fitness fans busy in summer with 19 different activities including biking, hiking and golf, plus two pools.

And with everything included, you can sit back and relax.

Seven nights’ all-inclusive is from £1,827pp including flights from Heathrow on July 11 and transfers.

See clubmed.co.uk/r/pragelato-sestriere/w or call 03453 676767.

There are 15 public beaches within the city’s limits, three of which hold Blue Flag awards — Balsys and Valakampiai I and II Credit: Supplied

THIS capital city offers the chance to combine a cultural break with beach fun.

There are 15 public beaches within the city’s limits, three of which hold Blue Flag awards — Balsys and Valakampiai I and II.

With cooler, Nordic summers, temperatures rarely rise above 23C but there are still plenty of places to enjoy some sunshine with many of the city’s beaches having changing cabins, barbecue zones and sports courts.

Explore the Old Town with a three-night stay at the 3* Panorama Hotel from £239pp including flights from Stansted on July 1.

See loveholidays.com.

Finland has some 188,000 lakes, the majority in its stunning Lakeland region Credit: Supplied

THERE’S no problem cooling off in Finland — the country has some 188,000 lakes, the majority in its stunning Lakeland region.

Explore a few on a self-drive holiday with with Best Served Scandinavia, taking in lakes, rivers, canals and forests.

The trip starts with two nights in Helsinki before heading into Lakeland to make the most of the long summer days with time for swimming, fishing and canoeing.

Eight nights is from £1,950pp including return flights, B&B accommodation, seven days’ car hire, two lunches, excursions and a sightseeing cruise.

See best-served.co.uk.

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Chic and cheerful: 15 hotels for affordable European glamour | Europe holidays

GREECE

Toes in the sea on Kastellorizo

Just 2km from the Lycian coast, Kastellorizo is much closer to Turkey than mainland Greece. Ferries from the Turkish beach town of Kaş, as well as Rhodes and other Dodecanese neighbours, dock at the island’s tiny harbour, lined with colourful neoclassical houses. One of them, an ochre-painted mansion with pistachio green shutters, is Hotel Mediterraneo, which is so close to the water that you can practically roll out of bed and into the sea from the ground floor suite.

Mediterraneo’s owner, Parisian architect Marie Rivalant, is one of many artists and creatives who have fallen for Kastellorizo’s sleepy charms. She took over the quayside pension 25 years ago, painting the seven bedrooms in sunny colours and layering them with rugs, cushions, antiques and artworks (if you like her bohemian style, there is a small shop at the hotel selling her finds). Breakfasts blend influences from her travels too: flaky Turkish börek pastries, Greek yogurt and freshly baked croissants, served on the terrace.
Doubles from €170 B&B, mediterraneokastellorizo.com

A shipshape foodie stay in the Dodecanese

The Old Markets hotel in Symi. Photograph: Laurent Fabre

In the 19th century, the Greek island of Symi grew wealthy on sponge-diving, shipbuilding and seafaring. This brought merchants, with silver, spices and sponges traded in a neoclassical building on the Kali Strata, a stone stairway that connects the harbour of Gialos with the upper village of Chorio.

Today that building, with its high-ceilinged historic grandeur, is The Old Markets hotel. In the bedrooms, antique maps, old globes, nautical paintings and silverware nod to its past life. There are only seven rooms and three suites spread between the old market and the neighbouring Captain’s Mansion, but the hotel has an outsized culinary reputation thanks to its rooftop tasting-menu restaurant, Agora, and huge Greek breakfast feasts of Symi orange blossom akoumia (rice doughnuts) and toasted tsoureki (sweet brioche-like bread). Like many islands, Symi is best explored by boat, bobbing from Agios Nikolaos beach to St George Bay and on to the monastery at Panormitis, before heading back to the pretty horseshoe-shaped harbour.
Doubles from £150 B&B, theoldmarkets.com

SPAIN

A ducal palace in northern Spain

Parador de Lerma, near Burgos. Photograph: Jorquera/Paradores Hoteles and Restaurantes

Spain’s paradors – state-run hotels in heritage buildings – are windows into the country’s history, from Moorish castles to medieval monasteries. In the hilltop town of Lerma, in the Castile and León region, the imposing 17th-century Ducal Palace is now Parador de Lerma, a place where royals married, princesses were born and even Napoleon stayed (walk in Bonaparte’s footsteps in room 313).

Several works by the great poet of Spain’s Golden Age, Lope de Vega, were first performed in the central covered courtyard surrounded by colonnaded galleries. The Duke of Lerma was also one of the great collectors of his time, and the parador is lined with moody oil paintings, Flemish tapestries and works by contemporary Spanish artists. The vaulted restaurant dishes up local favourites such as roast suckling lamb and Burgos cheeses. Nearby, the Arlanza wine region turns out muscular reds – try them at Bodega Palacio de Lerma.
Doubles from €124 room-only, breakfast €22, paradores.es

A hillside retreat near Barcelona

A terrace at Can Casadella

Set above the Costa del Maresme, the romantic manor of Can Casadella is a peaceful escape from Barcelona’s summer throng and just half an hour away. Magda and Josep allow visitors to have the run of antique-filled sitting rooms, cosy library and colonnaded terraces, where a hammock swings in the breeze. Outside, the old pond has been turned into a natural swimming pool, and there are orchards of orange, lemon, fig and almond trees. Freshly squeezed orange juice is served at breakfast, alongside homemade lemon and rosemary marmalade, breads, local cheese and sausages.

The nine large doubles and twins have original tiled floors and wooden beams, some with sea views and their own terraces. It’s enough to check out of the world for a few days, but Magda can also organise cooking workshops and yoga in the garden, and recommend hikes in the Parc de la Serralada Litoral next door or the best beaches a short drive away.
Doubles from €132 room-only, breakfast €12, cancasadella.com

A colourful hideout in Andalucía

Cortijo Genesis, 40 miles west of Marbella

Cortijo Genesis, a reimagined farmhouse, opened its doors last summer outside the whitewashed village of Gaucín, 40 miles west of Marbella. There’s a retro, Palm Springs-esque glamour to the pink scalloped parasols and wrought iron loungers in the garden, and the interior is just as colourful: a rainbow-painted ceiling in the reading room, a yellow-tiled kitchen and five bedrooms inspired by semi-precious stones – citrine, cornaline, morganite, lapis lazuli and aventurine.

Belgian co-owner Valentina Geyer is a reiki practitioner and equine therapist, and there’s a strong wellness focus, with meditation zones, yoga and pilates retreats, reiki healing and equine coaching. Much of the food is homegrown and homemade, with eggs from their hens, honey from their beehives, and herbs, fruit and vegetables from the permaculture plot. Good fuel to explore the hiking and biking routes through the hills nearby, or simply dip in and out of the swimming pool.
Doubles from €180 B&B, cortijo-genesis.com

FRANCE

A quieter side of the Côte d’Azur

Lilou Hotel in Hyères. Photograph: Ludovic Balay

Halfway between the hip grit of Marseille and the glitz of Saint-Tropez, Hyères is one of the quieter corners of the Côte d’Azur and known as Hyères-les-Palmiers for the thousands of palm trees that grow along boulevards and gardens. Part of its sleepy charm (and why it has stayed that way) is that its old town lies not on the beach, but a couple of miles inland, looking down on the Med from a hilltop perch.

It’s here that the Lilou Hotel opened a couple of summers ago, giving a Haussmann-esque building a fashionable twist, with cream and ochre paintwork, poplar burr wood furniture and rattan touches. There’s a slip of a pool outside and the restaurant dishes up coastal plates of bouillabaisse croquettes, tuna crudo and langoustine risotto. Down on the coast, l’Almanarre beach is a beautiful curve of sand popular with kite- and windsurfers. And just offshore are the islands of Porquerolles (home to a contemporary art institute and white sand beaches) and Port-Cros (a wild and rugged nature reserve) to explore.
Doubles from €145 room-only, breakfast €22, lilouhotel.fr

A seaside spa hotel in Brittany

The Grand Hôtel des Bains. Photograph: i-escape

On the blustery Finistère coast, a 45-minute drive east of Roscoff, the Grand Hôtel des Bains in Locquirec has a timeless New England air with its shiplap panelling and jaunty stripes. The chic decor is thanks to late owner Dominique van Lier, who edited a Belgian interiors magazine and tastefully transformed what had been a stuffy spa resort. The Marine Spa is still a huge draw, with massages, magnesium therapies and beauty treatments from Breton skincare brand Thalion. There’s also a sauna, hammam and warm indoor pool with knock-out views over Baie de Morlaix.

Most bedrooms have sea views, and there are beaches to walk to either side of the hotel’s rocky promontory, from tiny coves to the sweeping sands of the Baie de Locquirec. While the look here is East Coast US, the food and service are decidedly French (oysters, roasted lobster with seaweed butter) and the hotel also owns Brasserie de la Plage on the quayside for a change from the white-tablecloth dining room.
Doubles from £198 room-only, i-escape.com

An artist’s resort in Normandy

Le Donjon Domaine Saint Clair in Étretat

Claude Monet painted the luminous cliffs of Étretat more than 50 times during the 1880s, capturing the ever-shifting light on the white rock faces and dramatic sea arches. There are views of those famous chalk beauties from Le Donjon Domaine Saint Clair, which is set high above the Normandy seaside resort. One of the hotel’s bedrooms is named after Monet, while others honour novelists Guy de Maupassant, who lived in Étretat for part of his childhood, and Gustave Flaubert, a frequent visitor.

Less than three hours’ drive from Paris, Étretat is a popular spot with French tourists in the summer, who flock to the Alabaster Coast for locally caught seafood at waterfront bistros and the pebble beach between the cliffs. Built in 1862, Domaine Saint Clair is an imposing castle-style house with an idiosyncratic charm: bedrooms are tucked up and down little staircases and there is an open-air Jacuzzi atop the tower. There’s also a heated outdoor pool, a petit spa and a cocktail bar, which harks back to the town’s golden age.
Doubles from €190 room-only, breakfast €25, hoteletretat.com

Basque elegance in Biarritz

Hotel Saint-Julien is a few blocks from the beach

With its imperial palace on the headland overlooking wetsuit-clad surfers catching the waves, Biarritz has a funny duality of belle époque grandeur and salt-crusted beachiness. But it works. A few blocks back from the beach, Hotel Saint-Julien has a similar mix of elegance and ease. The typical 19th-century Basque house, with a whitewashed facade and painted shutters, has good bones – high ceilings and original wooden floors.

More recent updates have given an easy breeziness to the 26 bedrooms, all slightly different but decorated in muted colours with vintage furniture – the top floor has views over the rooftops to the sea. There’s a homely chambre d’hôte simplicity, and the restaurant has a rotating cast of visiting chefs and pop-up residencies. Restaurant Anema (until October) serves a daily changing menu of whatever is freshest from the fish market – on balmy nights bag one of the tables on the terrace.
Doubles from €180 room-only, breakfast €19, hotel-saint-julien-biarritz.fr

Chic Cannes at less haute prices

Hôtel Lepoussin is a short walk from La Croisette. Photograph: Paul Brechu

Cannes turns on the full red-carpet sparkle for the film festival each May, but with its superyacht-filled marina and beach clubs, it is a prime people-watching spot any time of year. The French Riviera town is known for palatial institutions such as the Carlton, Hôtel Martinez and Le Majestic, but a short walk from La Croisette, the newly opened Hôtel Lepoussin gives Haussmann-style glamour at less haute prices. There’s a mid-century feel to bedrooms, with sunny yellow textiles and wide curving wooden headboards; downstairs there’s an honesty bar in the lobby and a dinky plunge pool.

Keep the costs down further by skipping the beach-club fees and head instead to the public Plage Macé or Plage de la Bocca, stocking up on a picnic from the Marché Forville first. Or nip across to the Îles de Lérins on the ferry, exploring quiet coves, coastal walking trails and the fort where the mysterious Man in the Iron Mask was imprisoned.
Doubles from €135 room-only, breakfast €19, lepoussinhotel.com

PORTUGAL

A royal resort on the Portuguese Riviera

The Pergola Boutique Hotel in Cascais. Photograph: Pedro Goncalves Fotografia

In 1870, King Luís I chose Cascais, 20 miles west of Lisbon, as his official summer residence. Aristocrats followed his lead to the Atlantic coast, building Italianate villas and ornate mansions, and turning the former fishing village into a fashionable resort. The Pergola Boutique Hotel was Cascais’s first hotel when it opened in 1985, transforming two chalets into an elegant 15-room retreat, the facade decorated with hand-painted tiles. Rooms are filled with art and antiques, and in the garden is a restaurant run by the team behind Lisbon favourite Café de São Bento.

The hotel is only a two-minute walk from the station, and arriving by train is easily the loveliest approach, with the line hugging the coast all the way from Lisbon. While Cascais still has a refined air, the coast is rugged and breezy – walk the boardwalk by the sea to neighbouring Estoril, catch a wave on the sandy stretch between Estoril and Carcavelos, or hike over cliffs to remote Praia da Ursa.
Doubles from £199 B&B, mrandmrssmith.com

Rococo grandeur in the Algarve

Pousada Palácio Estoi near Faro

This incredible rose-coloured palace – now Pousada Palácio Estoi – was built in the 19th century by the Viscount of Estoi, with more than a passing nod to Versailles. Outside there are immaculate French-style gardens with clipped parterre hedges, statues and fountains, while inside is full-throttle Louis XV: ceilings frescoed with cherubim, ornate plasterwork, giant gilt mirrors and huge chandeliers. The 63 bedrooms, on the other hand, are a curious minimalist counterpoint, housed in a new wing that flanks the palace – slick and white like a visual palate cleanser from all that bling.

The extension is also home to a spa, with hammam, saunas and treatment rooms, and the restaurant dishes up Portuguese fish stew and Algarve orange tart in the old palace kitchen. From here, it’s a 20-minute drive to Faro, where boat trips depart for the lagoons, pristine beaches, birdlife and barrier islands of the Ria Formosa natural park.
Doubles from €122 B&B, pousadas.pt

ITALY

An artist’s guesthouse in Piemonte

La Giardiana near Turin

Italian-Canadian artist Bruno Billio knows hotels – he spent 18 years as resident artist at the Gladstone Hotel in Toronto. But now his creativity, which spans installation, sculpture and design, comes to life in a new way at his four-bedroom guesthouse, La Giardina, which opened this spring in the hills outside Turin.

It’s a handsome conversion of a 12th-century convent, and deeply personal too, with rooms named after family members and a wedding picture of his parents in the sitting room. Billio’s sculptural installations (found objects bound in vibrant thread; porcelain figurines dipped in black rubber) and original paintings by other artists grace the guesthouse. There are views towards the tall peak of Monviso and the Alps, with vineyards and hill towns just beyond the estate’s gates.
Doubles from €140 B&B, lagiardina.com

A nonna’s house on Lake Como

Cà Spiga has lake views. Photograph: Andrea Butti

Alessandro and Andrea Motti’s grandmother was born in this house in the village of Laglio on Como’s western shore, and when the brothers were little they used to play with the chickens and rabbits in the garden overlooking the water. Now they’ve turned their nonna’s old home (and the neighbouring one) into a charming bed and breakfast, Spiga. All eight bedrooms have lake views, and a breakfast spread from the family’s deli, Da Luciano, is laid out on the terrace each morning. Recently they have started serving Sunday lunches in the garden too, with dishes from local bistro La Piazzetta in Cernobbio.

Alessandro is full of tips to sidestep the Como crowds. Follow his lead and drive to the beach on the northern part of the lake at Domaso, before lunch at Osteria Aquila d’Oro in the Valle del Dosso del Liro, finishing at his favourite cocktail bar, Lo Scalo in Cremia.
Doubles from €225 B&B, caspiga.it

Views to the lighthouse in Puglia

Tra Cielo e Mare in Vieste

Jutting out into the Adriatic, the Gargano peninsula, the spur to Italy’s boot, is a place of dramatic white limestone cliffs and sandy beaches, rugged mountains and deep forests – a wilder, quieter alternative to southern Puglia. At its very tip, the whitewashed town of Vieste is a place Italians flock to in summer for its clear waters and medieval centre.

In a historic building overlooking the marina, Tra Cielo e Mare has just six rooms, all decked out in white and wood. Three have balconies overlooking the sea, and breakfast is served on the terrace with views towards the lighthouse, which sits on its own little island. Spiaggia del Castello, a sandy stretch framed by the huge Pizzomunno monolith is 15 minutes’ walk from the hotel. And the whole peninsula is part of the Gargano national park, which is crisscrossed with cycling and hiking trails.
Doubles from €190 B&B, welcomebeyond.com

Prices are for late June/early July and were correct at the time of going to press

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Brits could face £43 tourist tax as European city proposes entry fee hike

The mayor of Venice is proposing an increase to the city’s controversial tourist entry fee, which could see the charge rise to as much as €50 (around £43) in a bid to tackle overtourism.

Brits heading to a beloved European holiday hotspot could soon face a new £43 levy. Simone Venturini, the newly appointed mayor of Venice, is putting forward plans to significantly raise a contentious tourist charge for visitors entering the historic city.

In 2024, Venice made history as the first tourist destination to impose an entry fee, initially set at €5, approximately $4.30, on busy days spanning April to July. Additional days were subsequently added to the scheme, with the charge for last-minute visitors later rising to €10, roughly £8.60.

Politicians maintain that the levy would help alleviate overcrowding in the ancient city and would deter people from visiting during peak periods. This comes as approximately 30 million people annually are believed to flock to Venice.

Mr Venturini is now pushing to raise the entry fee to as much as €50. This, he argues, will “discourage people further from coming to Venice at certain times of the year”.

Speaking to Corriere della Sera, he said: “If today it ranges from €5 to €10, my proposal is to increase it to €30 to €50.”

Critics of the initiative however claim it has made minimal impact on tourist numbers. Most visitors reportedly view it as “relatively insignificant” when weighed against the cost of a single glass of wine or a pint, reports The Telegraph.

Venice has continuously grappled with the challenge of overtourism. This comes as the city’s population has plummeted from approximately 170,000 in 1950 to roughly 48,000 today.

Visitors to Venice consistently exceed the number of locals. However, there were concerns that a hefty entrance charge might put off tourists who were deemed less affluent.

Former city mayor Massimo Cacciari went so far as to describe the fee as “barbarous”. He said: “There is no other city in Italy or Europe where you have to enter with a ticket, as though it was a museum.

“It is barbarous, uncivilised and, in my opinion, against the constitution. It is simply obscene. I thought that Venturini would be more intelligent than his predecessor and would scrap the fee.”

One business owner, however, has urged for the charge to be increased even more substantially. Jewellery shop proprietor Setrak Tokatzian suggests the city ought to be introducing a €100 levy on visitors.

Tourism expert Doug Lansky, recognised as ReThinkingTourism online, reckons the €5 charge would be unlikely to put anyone off. In a YouTube video he said: “I predicted that €5 wouldn’t have any effect.

“I mean, €5 isn’t enough to get me to choose one dinner entre over another at a restaurant, I’ve paid that much for a cappucino or a bottle of water at a concert.”

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European island with 300 days of sun is ‘having a moment’ with Brits

The number of British tourists visiting Malta is said to be up by around 25 per cent in 2026, with flights available from just £45

A tiny European island boasting 300 days of sunshine annually is “having a moment” with British holidaymakers. The number of tourists flying to Malta from the UK is reportedly up by around 25 percent in 2026.

The island is now reachable from 19 airports across the United Kingdom, with flights available for as little as £45. Travellers swapping grey British skies for the 17-mile long destination can look forward to temperatures of around 32C throughout the summer months.

Journalist Angela Epstein recently made the trip to the island with her husband Mark. The couple visited Sliema, on Malta’s east coast, describing the charming coastal town as the “perfect base for exploring”.

On arrival, Angela couldn’t help but observe that the “blue wink of the Mediterranean is a constant presence” around Malta. Boasting bustling shops, baroque facades, and 17th century watchtowers, Angela says the town “scores highly” for the “views alone”.

She does, however, note that Sliema may not be the ideal destination for a traditional beach holiday, with “rocky bays and outcrops” rather than the sweeping sandy shores some tourists might prefer, reports the Express.

The island does have some sandy beaches to offer. Ramla Beach, which translates as red sand, is regarded as one of the island’s most stunning stretches of coastline, with its rolling sands and crystal-blue waters.

Nestled at the foot of a lush valley and surrounded by rugged hills, Ramla Beach holds blue flag status and provides a wonderful opportunity for snorkelling, diving, or simply unwinding in the sun. The Bugibba Perched Beach, situated in the northern part of the island, is an artificial beach that has become a firm favourite amongst visitors.

Once a jagged rocky outcrop, the beach has been transformed and now boasts an array of cafes, along with all the usual amenities including sunbeds and parasols, perfect for a spot of sunbathing.

Those seeking a more culturally enriching experience can venture to Malta’s capital, Valletta, which was granted UNESCO World Heritage status in 1980. UNESCO describes the city as “inextricably linked to the history of the military and charitable Order of St John of Jerusalem”.

The city is home to an impressive 320 ancient monuments within just 55ha, cementing its status as one of the most historically dense destinations on the planet. The island also boasts a collection of ancient temples, with the gantija Temples tracing their origins back to 3,600 BC.

Nestled within the Gozitan countryside, the temples are so vast that local legend once held that they were built by giants.

Eager to uncover more history, Angela made her way to Mdina, a fortified city with a heritage stretching back approximately 4,000 years. This hilltop settlement served as the island’s capital until 1530.

Dubbed the “Silent City,” its cobbled streets feel like being “transported back in time,” according to Visit Malta. The tourism website adds: “Oozing of luxury and nobility, Mdina offers visitors a most discreet insight that only a few people can experience and witness during their lifetime.”

Malta’s cobbled streets and stunning vistas have also caught the eye of Hollywood.

Blockbusters including Game of Thrones, Troy, Gladiator, and Assassin’s Creed are amongst the major productions to have used the island as a filming location.

Having explored the island herself, Angela found it “grew on her,” despite the volume of tourists. She concluded: “Given the weather, the scenery, the heritage, and the sheer breadth of things to do, Malta looks set to continue having its ‘moment’ for some time yet.”

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Popular European city may hike tourist entry fee to ‘barbarous’ level as it fights back against 80,000 visitors a day

An image collage containing 2 images, Image 1 shows Tourists gather on the Rialto Bridge overlooking the Grand Canal in Venice, Italy, Image 2 shows Tourists crowd the area near the Rialto Bridge in Venice, Italy

ONE of Europe’s most popular destinations is set to hike its tourist entry fee in the fight against swarms of seasonal visitors.

The mayor of Italian jewel Venice is pushing to raise the city’s controversial entry fee to as much as €50 (£43).

Officials in Venice are pushing to raise the entry fee to €50 Credit: Getty
This proposal had been met with fierce opposition Credit: Getty

The proposal has already triggered fierce backlash, with critics branding it “barbarous” and unconstitutional.

Simone Venturini told The Times that increasing the charge is essential if Venice is to manage the growing pressure of overtourism.

He said: “The higher the ticket price, the better for us.”

Venice introduced its controversial pay-to-enter scheme in 2024, charging visitors on peak days up to €10 to access the historic city.

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DEEP DIVE

We’ve travelled all over Britain and found its best beaches – here are our faves

The scheme was introduced in 2024 to try and combat overtourism in peak months Credit: Getty
Those who do not buy a ticket can be hit with a €300 fine Credit: Getty

Under the current system, day-trippers who book less than four days before their visit pay €10, while those who reserve more than four days in advance pay €5.

Visitors entering before 8.30am or after 4pm are exempt, as are residents, people born in Venice, students and workers.

Tourists staying overnight in hotels or rental accommodation also do not have to pay.

Tickets are purchased online and checked at key entry points, including the railway station.

Those caught without one can face fines of up to €300.

The city is also expanding the scheme, increasing the number of chargeable days from 54 to 60 this year.

Opponents argue the scheme has done little to reduce visitor numbers.

Official figures show average daily visitor numbers fell only slightly during the summer, from 16,676 in 2024 to 13,046 in 2025.

Venturini insists the goal is not to put a cap on tourism altogether.

He said: “We need to keep an eye on the total number of visitors to Venice, but we do not want to put a maximum limit on tourists, so instead we can aim to get them to spread out and avoid coming on those days when we face the prospect of 80,000 visitors.

“That means getting the Italian parliament to approve higher prices, let’s say €30 or €50.

“That will cover the cost of services for tourists, including removing the growing amount of rubbish, but we could also offer ticket holders discounts for museums.”

The idea of charging visitors even more has provoked strong opposition.

Critics argue that if Venice is serious about reducing overcrowding, it should instead focus on limiting the number of properties being rented out through Airbnb.

Former mayor Massimo Cacciari said: “There is no other Italian or European city that you have to buy a ticket to enter, as if it were a museum.

“This is barbarous, uncivil and in my opinion anti-constitutional.”

Constitutional expert Ludovico Mazzarolli also told Corriere della Sera that a €50 entry fee could conflict with the Italian Constitution’s principle of free movement within the country.

Venice is not the only city trying to manage surging visitor numbers.

In Rome, authorities have introduced a €2 charge to access the lower area around the famous Trevi Fountain.

Meanwhile, the island of Capri continues to grapple with huge summer crowds, welcoming as many as 50,000 visitors a day during July and August.

To keep its narrow streets moving, visitors are encouraged to keep right when walking uphill and left when heading down.

Tour groups are now capped at 40 people, while guides leading more than 20 tourists must use wireless earpieces instead of loudspeakers.

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All the European rules you need to be aware of this summer from beach bans to no flip flops 

IT’S NO lie that Brits love a European break but behaving badly could turn your trip into a holiday nightmare.

Across Europe, countries have their own rules relating to tourists – from banned beach items to strict curfews.

And if you want to avoid a hefty fine this summer, you’ll want to know what the rules are for each country.

France

A number of major cities in France and holiday hotspots ban drinking alcohol between 4pm and 8pm, including along the Paris riverbanks and the French Riviera.

When it comes to heading to the beach, make sure to not take any of it home with you as a souvenir.

Taking shells for example, is considered environmental theft and you could be fined €250 (£216.60) for doing this.

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Swimming is always a fun activity, but men heading to the pool need to make sure you leave the swimming shorts at home.

Due to health and hygiene laws in the country, men in France must wear Speedos.

Some places ban drinking alcohol on the streets Credit: Getty

Spain

Most cities in Spain have banned drinking alcohol on the streets, such as Madrid, Barcelona and Valencia.

Also don’t jump from your hotel balcony into a pool – you can get kicked out of the hotel and fined.

Across Spain, make sure to not smoke or vape on the terraces of bars or restaurants or at pools.

Make sure to not jump from a hotel room into a pool as you could get kicked out Credit: Alamy

But in Barcelona and popular Balearic and Canary Islands spots, smoking and vaping are banned across all beaches.

Fines for this range from €30 (£25.99) to €2,000 (£1,732.79).

In Barcelona, Malaga and Majorca, make sure not to walk through the streets in a bikini or swimming trunks. If you do, you could face a fine of up to €300 (£259.92).

Also when you are at the beach in Cullera, Calpe or Tenerife, don’t reserve a spot with a towel as you could have your belongings confiscated and be fined up to €3,000 (£2,599.18)

Portugal

In Albufeira, Portugal, there is a Code of Conduct in place for tourists Credit: Getty

In Portugal, there are some rules to be aware of when visiting.

Portable speakers are not allowed to be loud on beaches or you could be fined or it could be confiscated from you.

Fines vary between €200 (£173.28) and €4,000 (£3,465.58) for this.

Also in Albufeira, a Code of Conduct introduced last year is still in place for tourists this year.

The rules basically reinforce that visitors must act respectfully, with public nudity and drinking alcohol on the street banned.

Italy

There are a number of different rules across Italy you’ll need to follow.

In Florence, there are a number of streets where you can’t sit and eat outdoors.

The rule has been introduced to ease congestion.

In Italy, you cannot wear flip flops on the Cinque Terre hiking trail Credit: Getty

Also in Florence, e-scooters are banned in the city centre.

In Liguria, Portofino, over the summer, travellers who walk the cobbled streets either barefoot, in swimwear or topless can be fined.

You could also get fined between €50 (£43.32) to €2,500 (£2,165.99) if you are caught hiking Cinque Terre in flip flops.

Drinking alcohol in the streets is also banned with fines up to £2,568.

And make sure not to sit or lie down on a path, wall or park as this can also get you fined. Fines range from £22 to £433.

Over in Milan, you cannot smoke outdoors unless you are 10 metres away from other people. If caught breaking the rule, you could be fined between €40 (£34.66) to €240 (£207.93).

In Rome, you cannot drink out of a glass bottle on the streets after 10pm and all outdoor drinking is banned after midnight.

While in the city it is also worth being aware that when you visit the famous Spanish Steps, not to sit, eat or drink on them.

And in Venice, it is illegal to feed the pigeons Credit: Getty

This is to protect the 18th century marble from damage and stains and if you are caught doing this, you could get a fine between €250 (£216.60) and €400 (£346.56).

And if you are visiting the Italian island of Sardinia, make sure you don’t dig a hole, build a sandcastle or take sand or shells from the beach as you could be fined up to €3,000 (£2,599.18).

Heading to Venice? Make sure you don’t feed the pigeons – it is illegal and you can be fined between €25 and €500.

Greece

In Greece, there are some different rules compared to other countries.

For example, at archaeological sites like the Acropolis and the Parthenon you cannot wear high heels.

If you are caught with high heels, you could be fined up to £760.

Drinking on the streets is also not allowed.

And if you are caught topless in public you could face a fine of up to £250.

Even though it may be tempting, make sure you don’t take pebbles from Greek beaches either as you could be slapped with a £771 fine.

It is also worth knowing that across Greece, sunbeds and umbrellas have been banned on 251 beaches and the beaches that do have sunbeds allowed, at least 70 per cent of the sand must be without sunbeds.



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Kremlin Says European Leaders Influenced Trump on Ukraine at G7 Summit

The war between Russia and Ukraine has entered its fifth year, with military operations continuing alongside intermittent diplomatic efforts to reach a settlement. The United States and European allies remain Ukraine’s principal supporters, providing military, financial, and political backing.

At the recent G7 summit, Ukrainian President Volodymyr Zelenskiy met U.S. President Donald Trump and other Western leaders to discuss the war and prospects for peace negotiations. Following those discussions, Trump expressed optimism that a peace deal could eventually be reached.

What Happened?

Senior Kremlin aide Yuri Ushakov said European leaders likely influenced Trump’s views on the Ukraine war during the G7 summit.

Ushakov suggested Trump had been given misleading information about developments on the battlefield and rejected claims that Ukraine’s recent drone operations had significantly improved Kyiv’s military position.

The Kremlin official also said Moscow still expects visits from Trump’s envoys, including Steve Witkoff and Jared Kushner, although no timetable has been announced.

Key Statements

Kremlin Position

  • European leaders are exerting an “unhelpful influence” on Trump regarding Ukraine.
  • Russia believes Trump may have received inaccurate assessments of the battlefield situation.
  • Moscow maintains that Ukraine’s military position has not improved as claimed by Kyiv and its allies.

Trump’s Position

  • Trump said after meeting Zelenskiy that Russia should make peace with Ukraine.
  • He described discussions at the G7 as constructive.
  • Trump has continued to signal interest in facilitating a negotiated settlement.

Why It Matters

The comments offer insight into how Moscow views Trump’s evolving position on the war and the role of European leaders in shaping Western policy.

Russia appears keen to preserve direct communication channels with Trump while simultaneously pushing back against narratives advanced by Ukraine and its European supporters. The remarks also suggest the Kremlin remains attentive to potential diplomatic openings involving the United States despite ongoing military operations.

The episode highlights the growing importance of diplomacy and messaging as all sides attempt to influence future peace discussions.

Stakeholders

  • Donald Trump
  • Volodymyr Zelenskiy
  • Vladimir Putin
  • Yuri Ushakov
  • European G7 leaders
  • U.S. diplomatic envoys Steve Witkoff and Jared Kushner
  • Russian and Ukrainian armed forces

What’s Next?

  • Potential visits by Trump’s envoys to Moscow for further discussions.
  • Continued efforts by Ukraine and European allies to secure stronger U.S. backing.
  • Russian attempts to influence Washington’s understanding of battlefield developments.
  • Further diplomatic contacts aimed at exploring conditions for a possible peace framework.
  • Monitoring whether Trump’s public optimism translates into concrete negotiations.

Analysis

The Kremlin’s comments reveal an important strategic calculation: Moscow wants to criticize European influence on Trump without alienating Trump himself.

By describing Trump as a strong leader who ultimately forms his own views, the Kremlin is attempting to preserve a working relationship with the U.S. president while casting doubt on information coming from Kyiv and European capitals. This messaging suggests Russia still sees value in engaging directly with Trump and may believe he could play a decisive role in future negotiations.

The remarks also reflect a broader battle over perceptions of the war. Ukraine and its allies have highlighted successful long range drone strikes and attacks on Russian infrastructure as evidence that Kyiv retains leverage. Russia, meanwhile, seeks to project confidence and reject suggestions that its strategic position has weakened.

Looking ahead, the key question is whether the apparent diplomatic momentum emerging from recent meetings can produce substantive negotiations. Both Moscow and Kyiv continue to believe they have leverage, making compromises difficult. As a result, public statements from leaders and advisers are increasingly becoming part of a larger effort to shape the diplomatic environment before any formal peace talks begin.

With information from Reuters.

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Sun-soaked European city has Aperol Spritz for 86p – and UK flights from £17

Fans of the classic cocktail, which has seen a huge resurgence in popularity in recent years, should head to this sunny city where you can enjoy a glass of the summery orange drink for just one Euro

Head to the Mediterranean during the summer months and you’ll often see tables laden with oversized glasses of Aperol Spritz. The iconic orange cocktail has become a holiday staple, whether it’s served at a pavement café in a cobblestoned old town, or a beachfront bar with plastic chairs.

But like many so aspects of holidays, the price has been steadily rising in popular resorts, turning it into a costly treat. However, there are still places where you can pick up an inexpensive cocktail, and one city has been named the cheapest spot to enjoy an ice cold Aperol.

Travel money provider eurochange has put together an Aperol Spritz index, tracking the top ten cheapest destinations in Europe where you can enjoy this summery cocktail without worrying about your bar bill, and luckily the least expensive spot is just a three-hour flight from the UK.

According to the research, Naples in Italy is the cheapest place to order your Aperol with the average cost coming in at €2 (approximately £1.73), but one bar is famous for serving these sunset cocktails for just one Euro (approximately 86p). Don’t expect a fancy cocktail bar if you visit Cammarota Spritz as it consists of tables crammed into an alleyway and drinks served in plastic cups, but the lively atmosphere has seen it receive a raft of positive reviews, with one saying it was: “Our favourite bar in Naples, no messing about with ‘drink-in’ or ‘takeaway’ prices, no service charges, just good cheap Spritz.”

And after a few Euro spritzes, you may find yourself craving another Napoli staple; the city is the birthplace of modern pizza, and you’ll find plenty of hole-in-the-wall places where you can pick up a slice. A popular late-night snack is pizza al portafoglio, also known as ‘wallet pizza’ as it comes folded and served in paper so you can devour it while walking back to your hotel.

Naples is ideal for as a spring or autumn city break, offering about 210 sunny days a year, so you can enjoy the winding historic streets and visit attractions such as Museo Cappella Sansevero, home of the stunning marble Veiled Christ statue.

Explore the city’s ancient sites at Napoli Sotterranea – underground Naples – taking you through an extensive network of streets and squares built under the surface by Romans and Greeks. Pass throw the narrow tunnels of the aqueduct, see old air raid shelters from World War 2, and climb through a hatch into the ancient Roman theatre of Neapolis.

Naples also has a variety of beaches, including some small stretches of sand on the outskirts of the city. These urban beaches can be small and busy during heatwaves, but they’re perfect for when you simply want a quick dip in the Med.

You can also take buses further down the coast for a day at a beach club or a public beach. Close to Naples you’ll find Gaiola Beach, famous for its islets that rise from the sea that can be crossed by bridge. Or the craggy coastline of Scoglione Marechiaro, famous for its turquoise waters.

Have a story you want to share? Email us at webtravel@reachplc.com

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European city launches strict new ban on its streets after 666 accidents

This method of transport is a cheap and easy way to get around the city, but it has caused hundreds of accidents in the past year. Now there are calls for a ban across the European Union

A European city has banned a mode of transport that’s popular with tourists on day trips, after a huge number of accidents were reported in the past year alone.

Brussels will rid its streets of shared e-scooters as of January 2027, with authorities in the Brussels-Capital Region announcing the move last week. Currently, the Belgian capital has two remaining scooter operators offering shared e-scooters, Bolt and Dott, and once their licences expire at the end of 2026, they will not be renewed, according to the Brussels Times.

Authorities voiced their safety concerns around the use of e-scooters and the nuisance they can cause to local residents. The move means Brussels follows other European cities who’ve removed shared e-scooters, including Paris, Madrid, and Prague.

Brussels mobility minister Elke Van den Brandt and minister-president Boris Dilliès made a shared statement about the ban, calling shared e-scooters a “growing nuisance to other road users”, and pointing out that 666 accidents involved e-scooters in 2025, a year on year increase of 26%.

They also highlighted that rental scooters were often used for criminal purposes, and were involved in the cases of 25 shootings in Brussels last year.

Boris Dilliès said: “The decision to exclude self-service scooters from the Brussels urban landscape is part of a clear and consistent policy. Often synonymous with disorder, self-service scooters are a source of nuisance, cause serious injuries, clutter the streets and are, unfortunately, increasingly being used by organised criminals. Self-service bicycles, on the other hand, remain for us an essential part of a mobility policy.”

However, in a statement, e-scooter rental firm Bolt argued: “When scooters are the subject of public debate, whether regarding road safety or parking, private and shared scooters are almost always lumped together, even though they are fundamentally different.

“Banning [shared scooters] will not stop people from getting around. It will drive users towards private, unregulated, untraceable and genuinely dangerous scooters, or towards more polluting modes of transport. Neither of these scenarios serves Brussels’ objectives regarding safety, congestion or the climate.”

Since the ban was announced in Brussels, the Benelux Union, a partnership between Belgium, the Netherlands, and Luxembourg, has called for the European Commission to create a single framework for all EU countries, which could make it easier for other countries to make their own regulations.

Benelux pointed out there are inconsistent safety standards among member states, and not all vehicles on the market were safe and suitable to be used on public roads. The lack of guidelines also make it difficult to prevent unsafe vehicles from being put out for hire.

The UK has banned privately owned e-scooters from public roads and pavements, meaning the only legal place to ride your own e-scooter is on private land. There are a handful of legal rental schemes in some areas of London, Birmingham, and other cities, with strict criteria such as limiting the e-scooters to 12.5mph, banning riders under 18, and requiring a provisional licence to hire one.

Have a story you want to share? Email us at webtravel@reachplc.com

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Interim Main Battle Tank Unveiled As Future European Tank Project Slips

The Franco-German KNDS company has presented a new main battle tank, which it is offering to France as an interim replacement for its Leclerc fleet. The development comes as France recognizes that it will need a Leclerc successor before the next-generation Main Ground Combat System (MGCS) becomes available. This joint French and German program is complicated and already delayed, while Europe at large is increasingly alert to the need for capable tanks and other armored vehicles as the threat from Russia grows, and trust around U.S. military backing diminishes.

The proposed CAPINT tank was unveiled at the Eurosatory defense show on the outskirts of Paris this week.

Europe currently has four major lines of development effort for future main battle tanks (excluding the United Kingdom), ranging from multinational programs to national developments. The landscape has become much more fragmented over the past two years, as nations have increasingly understood the urgency of fielding new-generation armored vehicles.

Arguably the most ambitious of these programs is the now-delayed Franco-German MGCS, which began in 2017 and is now expected to arrive in service some time in the mid-2040s. With the MGCS delayed by roughly a decade, both France and Germany have a looming capability gap. In the case of France, its Leclerc tanks are due to be taken out of service by 2038.

French Army Chars Leclerc XLR tanks are navigated to parade during the annual Bastille Day military parade on the Champs-Elysees Avenue in Paris on July 14, 2025. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)
French Army Leclerc tanks during the annual Bastille Day military parade on the Champs-Elysees Avenue in Paris on July 14, 2025. Photo by Ludovic MARIN / AFP

As well as the main battle tank that is supposed to be its centerpiece, the MGCS program, as a ‘system of systems,’ is expected to field other crewed and uncrewed vehicles. These will likely be tasked with electronic warfare, air defense, or as platforms from which to launch drones or loitering munitions or fire directed-energy weapons.

Alongside this effort, around a dozen European nations (excluding France) are currently working on research and development under the MARTE (Main ARmored Tank of Europe) program, which is looking at tank requirements for the post-2040 period.

Against this complicated backdrop, France and Germany have both come to the realization that they will need new tanks before the MGCS arrives in service.

As a result, Germany is now working on the Leopard 3, also known as the Leopard 2AX, expected to provide a service-ready fighting vehicle around the early 2030s.

Back in April of this year, French Armed Forces Minister Catherine ​Vautrin told parliament that Paris had decided to launch an “intermediate” tank program to mitigate delays affecting MGCS.

To meet the French requirement for a stopgap tank, KNDS is now proposing its CAPINT (CAPacité INTérmédiaire, or Interim Capability).

This will combine a French turret and main gun on the hull of a German Leopard 2, a tank that is already in production for a variety of customers. Should this solution be chosen, a new Leopard 2 would likely be set up in France to manage the demand.

Interestingly, another new tank on show in Paris this week, the New Main Battle Tank (NMBT) concept demonstrator, from the Leonardo Rheinmetall Military Vehicles (LRMV) joint venture, also uses a Leopard 2 hull as its starting point, although that may change in the future. Derived from the Rheinmetall Panther KF51, the new tank is being offered to the Italian Army, which is also looking for a successor to its current Ariete main battle tank.

27 January 2022, Bavaria, Hohenfels: An Italian Ariete main battle tank stands in a wooded area during the international military exercise "Allied Spirit 2022" at the Hohenfels military training area. With helicopters, tanks and infantry, military forces from more than ten countries are currently training for emergencies at a training area. Photo: Armin Weigel/dpa (Photo by Armin Weigel/picture alliance via Getty Images)
An Italian Ariete main battle tank during the Allied Spirit 2022 military exercise at the Hohenfels military training area in Germany. Photo by Armin Weigel/picture alliance via Getty Images

Returning to the CAPINT tank, the turret will be uncrewed and armed with the 120mm ASCALON smoothbore gun from KNDS France. The plan is to have the turret able to accommodate a 140mm cannon in the future. The 120mm ASCALON has already undergone firing trials using an uncrewed turret on a moving vehicle. Meanwhile, the 140mm version of the ASCALON is planned for the MGCS.

#ASCALON thumbnail

#ASCALON




Unlike larger-caliber guns that have been proposed for future tank programs in the past, the 120 mm ASCALON offers the advantage of being fully compatible with all NATO-standard 120 mm ammunition. This means operators can maintain and leverage their existing ammo stockpiles.

The three crew of the CAPINT will be carried in an “armored citadel” at the front of the vehicle, which will be defended by passive composite armor as well as reactive and active protection systems.

The active protection system will be developed by KNDS and will be distributed around the turret and hull, so its defensive effectors provide more complete coverage.

In the meantime, it is interesting to note that a Leclerc outfitted with an anti-drone “cope cage” on top of its turret is part of the dynamic demonstration of military equipment at Eurosatory this week.

This photograph shows a AMX Leclerc (Char Leclerc) battle tank with an anti-drone cage in its top during a dynamic demonstration of military equipment at the Eurosatory trade show, dedicated to defense and security, at the Paris Nord Villepinte Exhibition Center in Villepinte, northeastern suburb of Paris on June 14, 2026. The Eurosatory trade show takes place from June 15 to 19, 2026. (Photo by Kenzo TRIBOUILLARD / AFP via Getty Images)
A Leclerc main battle tank with an anti-drone “cope cage” during a dynamic demonstration of military equipment at Eurosatory this week. Photo by Kenzo TRIBOUILLARD / AFP

KNDS says it will complete a CAPINT demonstrator tank as early as 2030 and, should France choose to go with it, it could deliver the first series-production examples in 2035, leading to frontline deployment in 2037.

There is also a plan to incorporate into the CAPINT some of the advanced systems that are intended for the MGCS.

These elements are likely to include fully integrated AI, the aforementioned passive/reactive/active protection systems, counter-drone warfare, and beyond-line-of-sight engagement capability.

Another feature of the MGCS program that would likely be brought forward for the CAPINT tank is accompanying uncrewed ground vehicles (UGVs). According to MGCS, one or two types of “robotic wingmen” are planned for the interim tank. These UGVs will be able to keep up with the tank, but will be small enough to be affordable. Their cost will also be governed by offering different levels of passive protection.

Concept artwork showing four different MGCS vehicles all based on the same main battle tank chassis. The vehicle second from left includes a pop-up launcher for some kind of rocket artillery or possibly loitering munitions. Hensoldt

The renewed focus on tank programs reflects a broader resurgence of armored warfare across Europe, driven largely by lessons from Russia’s full-scale invasion of Ukraine. While that conflict has highlighted the vulnerability of tanks to drones, loitering munitions, and precision anti-tank weapons, it has also underscored that heavily protected, mobile firepower remains indispensable for combined-arms operations. As a result, European militaries that once downsized or delayed armored modernization are now investing heavily in new main battle tanks and upgrades.

While the need for interim tanks in both France and Germany is becoming increasingly urgent, the current push for the CAPINT and for the German Leopard 3/Leopard 2AX does risk putting the MGCS program under threat.

The Leopard 2 A-RC 3.0 technology demonstrator will feed into the future Leopard 3. KNDS

“We are already working to create what will be the combat of tomorrow,” KNDS CEO Jean-Paul Alary said during a press conference at Eurosatory yesterday. “Maybe the combat of tomorrow, the ambition of MGCS, will come a little bit earlier than the project itself.”

Meanwhile, according to Reuters, a German government spokesperson raised doubts about the future of MGCS, saying that the project would be focused on “platform-independent” technologies, adding that it was not clear whether a joint tank would still be built.

Depending on how capable these stopgap tanks prove to be, the decision of France and/or Germany to walk away from the more complex MGCS program could become easier. Much will likely also depend on the path that the MARTE program takes, with the possibility that MGCS requirements could be superseded. Meanwhile, recent experience with the Franco-German-led pan-European Future Combat Air System (FCAS) has highlighted just how difficult it can be to keep programs like these on track, regardless of how badly they may be needed.

Contact the author: thomas@thewarzone.com

Thomas Newdick is a staff writer at TWZ, where he covers military aviation, defense technology, weapons systems, and international security. Based in Berlin, Germany, he reports on conflicts, military modernization efforts, and emerging aerospace technologies around the world, with a particular interest in airpower and its role in contemporary warfare. His reporting is informed by deep expertise in modern and historical airpower, particularly in Europe, with a focus on military aviation, air campaigns, and aerospace developments across the continent and beyond.


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The VERY affordable European beach town that most Brits don’t know about – with turquoise waters and £60 rooms

OUR Spotlight On column gives you the lowdown on what to see and do in some of the most popular holiday destinations – as well as some lesser-known areas.

This week we’re shining a spotlight light on Kotor Bay in Montenegro, one of Europe’s most spectacular yet underrated seaside escapes.

Here’s everything you need to know about a trip to Kotor Bay this summer Credit: Alamy

The Sun’s Deputy Travel Editor Kara Godfrey recently visited Montenegro.

She said: “The country’s coastal resorts are all stunning, sitting on the turquoise waters.

“But Kotor Bay is a must visit – even if just for a quick stroll around the town.

“One of the most unusual spots is the Kotor Cats Museum, based on the many animals that roam the streets.”

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MUST SEE/DO

Kotor Old Town is the bay’s beating heart, with cobbled alleys, Venetian palaces and fortress walls.

Then a short walk along the waterfront towards Dobrota takes you past a public lido, stone swimming platforms and little cafés right on the water – a calm stretch that’s also one of the safest spots in the bay for an easy sea swim.

A short hop around the bay, Perast is impossibly picturesque, with its baroque houses and tiny islets.

From the harbour, small boats take about ten minutes to reach Our Lady of the Rocks, the postcard-pretty church sitting on its own artificial island.

The historic Ladder of Kotor rises directly behind the Old Town – a zig-zag mule trail with big views the higher you go.

Or head further inland to Lovcen National Park, where the road climbs towards the Njego Mausoleum and its 360-degree mountain panorama.

The Vrmac Ridge trail, between Kotor and neighbouring Tivat Bay, is another great option, an old military road with superb views over both sides of the coast.

Tour operator Untravelled Paths can fix up guided trips taking in everything from honey farms to white water rafting on the Tara river.

Tivat is a great jumping off point for other coastal towns Credit: Alamy

HIDDEN GEM

One of Montenegro’s quirkiest experiences awaits at the Underwater Kraken Wine Cellar.

This unique winery ages its bottles underwater for a flavour like nothing on land. Bottles are lowered roughly 20 metres to the seabed in metal cages and left to age for about a year.

Travellers can join a guided dive to racks of barnacle-covered bottles on the seabed, then sample the results back on shore.

BEST VIEW

The bar Monte 1350 crowns the upper station of the new Kotor-Lovcen cable car, its terrace looking straight down over the bay and out towards the Adriatic.

Visitors can sip a cold drink while watching the sunlight shift across the bay or stay to catch the sunset.

RATED RESTAURANT

Galion is Kotor’s standout dining spot, with one of the most romantic waterfront settings in Montenegro.

The glass-walled restaurant juts out over the water, giving diners views of the bay while they enjoy fresh seafood and local wines.

Perfect for a special evening without the hefty prices of other Med hotspots.

Perast town is a peaceful escape from the other busier towns Credit: Alamy

BEST BAR

Evergreen Jazz Club is a cosy, dimly-lit spot with exposed brick walls and live music ranging from acoustic sets and blues to Balkan fusion.

Its great-value drinks are enjoyed by friendly locals and travellers.

HOTEL PICK

Klinci Village Resort on Lustica peninsula is a peaceful spot with rustic charm, sea views and Montenegrin hospitality, with rooms from around £80 per night.

For something more budget-friendly, Hotel Vardar in Kotor offers comfortable rooms and a prime location near the Old Town from around £60 per night.

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EU set to hold membership talks with Ukraine | European Union

NewsFeed

The European Union will begin accession talks with Ukraine and Moldova after Hungary’s new government withdrew its veto, paving the way for negotiations. Both countries believe EU membership would provide them with greater security against Russian aggression.

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Romanian president picks Liberal former mayor as PM to form new government | European Union News

Adrian Vestea nominated as prime minister after previous choice, Eugen Tomac, withdraws.

Romanian President Nicusor Dan has nominated Adrian Vestea, a National Liberal Party member and former mayor, as prime minister to form a new government after the previous choice for the post withdrew.

“Eugen Tomac withdrew his mandate this morning and as such ‌I nominate Adrian Vestea as prime minister,” Dan, a centrist, said in a post on X on Sunday.

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Vestea, 52, ⁠is the county council president of the central Romanian county of Brasov. Eugen Tomac had ⁠been seeking to lead a government of technocrats but lacked support from the parties in parliament.

Vestea, who served as a development minister from 2023 to 2024, said in a statement that he wants a “political government that will undertake real reforms and keep Romania on a pro-Western path”.

“We are the sixth largest country in Europe, and we need to put a major emphasis on development. Which I will do from day one,” he said.

Dan’s two nominations for the prime ministerial role this month come after a no-confidence vote toppled former Prime Minister Ilie Bolojan in May. A general election is not scheduled until 2028.

Dan said Vestea was suitable for the role because he had “gone through all the administrative stages” throughout his political career.

“He was a successful mayor, a successful county council president, a successful minister, and he attracted European funds, being focused on development, for example the Brasov airport, which is a success,” Dan said.

Parliamentary parties have previously said a minority government, whose members do not hold a ⁠majority of the seats in parliament, would be better ⁠than a government of technocrats.

Vestea will ⁠have 10 days to form ⁠a government and must win a parliamentary vote of confidence to take up his new post.

Romania has one of the highest budget deficits in the European Union and suffers from rampant inflation and a technical recession.

When a coalition government came to power in June 2025, it made reducing the budget deficit a priority. Bolojan was sworn in with the aim of ending one of Romania’s worst political crises in its post-communist history, but his government lasted less than a year.

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EU agrees launch of accession process for Ukraine and Moldova | European Union News

Progress for Kyiv’s membership bid given the green light after Hungary’s new government lifts Budapest’s veto.

The European Union has announced that the accession process for Ukraine and Moldova will launch next week.

At a meeting in Brussels on Friday, ambassadors from the 27 EU nations agreed to officially recommence negotiations with the two countries in Luxembourg on Monday.

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EU leaders agreed to open accession talks with Ukraine and Moldova in December 2023. However, negotiations were paused due to opposition from Hungary, led at the time by pro-Russian Prime Minister Viktor Orban, to Kyiv’s membership bid.

Both Kyiv and Chisinau view EU membership as additional security against Russian aggression. Moscow insists that maintaining control over its “near abroad” – its term for the post-Soviet states – is key to its national security.

“All member states agreed to open the first accession negotiations cluster with Ukraine and Moldova,” European Council President Antonio Costa and European Commission President Ursula von der Leyen said in a joint social media post.

Hungary’s new government, which took power in May, agreed last week to drop Orban’s veto, allowing the accession process to resume.

“This is a recognition of the determination, courage and hard work shown by both countries in advancing reforms, even in the face of immense challenges,” Costa and von der Leyen said.

“Enlargement is a strategic choice,” they said, adding, “In a world marked by growing uncertainty, a larger European Union is in our common interest.”

Entry negotiations with Kyiv were formally opened in June 2024, kickstarting a complex process that usually takes years and involves negotiations on everything from agriculture to the rule of law.

The move was largely symbolic, intended as a powerful show of support for Ukraine after Russia’s full-scale invasion in 2022.

New Hungarian Prime Minister Peter Magyar struck a deal with Kyiv on the rights of Ukraine’s Hungarian ethnic minority last week. The issue has long been a sticking point between the neighbouring countries.

But Magyar has said Hungary does not support a fast-track procedure for Ukraine to join the EU.

He said Budapest will hold a referendum on Ukraine’s membership, should it “succeed in closing all 33 accession chapters within the next 10 to 15 years”.

Talks will begin on Monday with the opening of the “fundamentals” section of the process, Costa and van der Leyen said in their statement.

This covers basic principles such as rule of law that the two candidate countries will be expected to adhere to.

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My favourite underrated European family holiday dupes for a BETTER time and less money

IF you’re looking to travel on the cheap this summer, we’ve got some of the best lesser-known destinations that offer the same (or better) holidays, with fewer crowds and much less money.

I’m a travel expert, mum of two and influencer with 335,000 followers on Instagram, where I share tips on my page @thetravelmum on how to travel the world without spending a fortune.

Jen aka Travel Mum finds cheap holiday deals for families Credit: Jen Carr
I ditched Croatia’s well-known Split for Trogir Credit: Jenna Carr

It’s totally possible to discover a more authentic experience, friendlier prices, and a slower pace that actually suits families far better in destination dupes.

And you don’t have to forgo the convenience and reassurance of things like budget-friendly flights, easy airport transfers, family-friendly dining options, and good quality healthcare. 

I am on a mission to help families travel more and not spend too much doing it.

So I’ve rounded up some great options from across Europe, some of which are not many miles away from the very well-known resorts…

Instead of Santorini… try Naxos

Naxos is a pretty Greek alternative to Santorini Credit: Alamy

Santorini is known for its picture postcard views, but it comes with high prices and crowds.

Hop on one of the regular ferries from Santorini (one hour 15 minutes) or Mykonos (35 minutes), and find yourself in Naxos.

Naxos still has all the charm and style of the better-known Cycladic islands – think white-washed hilltop villages, clear blue waters and traditional tavernas, but with lower cost accommodation, food and activities.

The other huge plus for families is that Naxos has stretches of sandy beaches gently sloping into the sea, which you won’t find in Santorini. 

Staying here, I’d recommend checking into the Golden Sun Hotel.

I’ve stayed at this hotel myself, and it’s in a great setting right on the beach.

The rooms have large balconies, which are perfect for sitting out in the evening once the kids are in bed.

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A seven-night break for a family of four from August 11 in a Family Suite with a Sea View starts from £2,268 – or £81pppn.

You can get this deal on Booking.com.

Instead of the Algarve…try the Silver Coast

Ohai Nazare Outdoor Resort in Portugal has a huge waterpark Credit: Expedia

The Algarve region in Southern Portugal, with its popular resorts such as Albufeira and Vilamoura, attracts 5 million tourists annually.

Of course, most of which is concentrated in the peak summer months – sending prices skyrocketing during school holidays.

Instead, take a flight into the capital city of Lisbon or Porto, and within as little as an hour’s drive, base yourself on the Silver Coast – or Costa de Prata in Portuguese.

The region stretches along the country’s Western coastline, offering a varied mix of beautiful beaches, fresh seafood, picturesque fishing villages and medieval towns.

Places like Nazare, Obidos and Peniche offer a more local feel than some of the Algarve’s heavily developed resort areas, and it is a great choice for families wanting a more traditional Portuguese experience, without giving up beach days or reliable sunshine. 

Perhaps check into the Ohai Nazare Outdoor Resort, which has a free waterpark and activities like basketball and volleyball for the kids.

There’s even a food shop service, as well as an on-site supermarket for essentials.

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A seven-night stay for a family of four from August 12 in one of the Bungalows which comes with a double bed and two single beds starts from £2,483 – or £88pppn.

You’ll find this deal here on Expedia.

Instead of Split… try Trogir

Make the switch from Split to pretty Trogir Credit: Alamy

Croatia has firmly cemented itself as a great destination for families – it’s one of our favourite European countries to visit.

With its rise in popularity, flights are now widely available from many UK airports, but the downside is that tourist hotspots quickly become crowded.

Split, Croatia’s second-largest city, draws crowds wanting to experience its mix of beautiful beaches, historic streets and easy connections to other parts of the country.

But, just a 30-minute drive from Split, you can find Trogir – a UNESCO World Heritage town.

Trogir offers many of the same benefits as Split – beautiful Adriatic scenery, historic streets, waterfront restaurants and easy access to island boat trips, but in a much more manageable setting for families.

While Split can feel crowded, busy and expensive during the summer months, Trogir has a calmer atmosphere that makes travelling with children far less stressful.

Its compact old town is easy to explore on foot, the promenade feels more relaxed, and there’s less traffic and noise.

I’d recommend a stay at Amadria Park Camping Trogir, which has sea views, a huge swimming pool and three on-site restaurants.

This is another one I’ve stayed in, and I’d say don’t discount a lodge holiday, this site has fab facilities and is in a really pretty setting.

It has great transport links too.

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A seven-night stay in a Standard Mobile Home from August 27 for a family of four starts from £2,924 – or £104pppn.

This includes return flights from Birmingham Airport, luggage and transfers.

You can get this deal with Jet2Holidays.

Instead of Tenerife… try La Palma

La Palma makes a great alternative to Tenerife Credit: Alamy

The Canary Islands are a family go-to for year-round sun without the long-haul flight. When other European options can’t guarantee the weather, the Canaries are usually a safe bet.

This means there isn’t really a low season, and while demand is high, so are the prices.

So, admittedly, this one might take a little more effort to get to, but we think it could be worth it.

La Palma – nicknamed ‘La Isla Bonita’, is reachable directly from a few UK airports, and actually, as of 2026, you can now book a package holiday there through Jet2Holidays, or the alternative is a short 30-minute flight or a 2-and-a-half-hour ferry from Tenerife.

While Tenerife has huge resorts known for lively nightlife and giant waterparks, La Palma is quieter, greener and better suited to families looking for a more peaceful escape.

Check into La Palma Princess, which has all-inclusive packages with TUI.

The hotel itself has spacious rooms as well as six swimming pools for kids to splash about in, and there’s a kids’ club for little ones too.

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A seven-night stay at La Palma Princess for a family of four in August starts from £869pp or £124pppn.

This is for a Twin Room with balcony or terrace and includes return flights to Manchester Airport.

You can get this deal with TUI.

Instead of the Amalfi Coast… try Puglia 

Puglia has a beautiful coastline, just like the Amalfi Coast Credit: Alamy

The Amalfi Coast is a bucket list destination for many, synonymous with luxury and romance, not necessarily things that go hand in hand with family travel.

That said, there are plenty of places along the Amalfi Coast that are great for families – but they’ll come at a premium price.

If you’re dreaming of la dolce vita but have children in tow and a more conservative budget, take a look at Puglia – along the southeastern coast. Puglia tends to be better value across the board, from accommodation to restaurants.

The region is easy to reach too, with flights from the UK into Bari or Brindisi, both offering straightforward transfers to coastal towns such as Otranto, Vieste, and Monopoli.

Instead of tight cliffside roads, families get open countryside, historic sites, and some of Italy’s best sandy beaches.

It’s not the same as the Amalfi Coast, but it still delivers on Italian beauty and culture, and you’ll have more space to enjoy it. 

If you’re looking at where to stay, can you really go wrong with Eurocamp?

Centro Turistico San Nicola Eurocamp sits right on the seafront and even has a private beach for guests.

Steps away from the sand is a restaurant, bar and pizzeria – there’s also lots of activities, a big kids’ playground too and evening entertainment.

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A Comfort Lodge at the Eurocamp sleeps up to six people.

For a seven-night stay from August 28, this works out at £753 per party – or £18pppn.

You can book this deal with Eurocamp.

Eurocamp Centro Turistico San Nicola has its own private beachCredit: Refer to source

Instead of the Swiss Alps… try the Julian Alps

For families looking for an Alpine experience – be it for winter sports or an alternative summer break, instead of the high-cost, premier resorts across the Swiss Alps, we’d recommend considering Slovenia’s answer – the Julian Alps.

Still delivering on dramatic mountain scenery, crystal clear lakes and fresh Alpine air, you can take your pick of adventures – hikes, cycle trails, watersports and snow sports – depending on when you visit.

Take a flight from the UK to Ljubljana, Slovenia’s capital; from there, the towns of Bohinj or Bled both make great bases to explore.

Bled is known for Lake Bled, with its striking church and castle sitting on a tiny island. It’s also doable on public transport if you don’t fancy hiring a car. 

Along with mountain views, Apartments Vitranc has family rooms with a separate sleeping and dining area as well as a kitchenette.

One major plus here is that children stay free – and don’t forget to check out the hotel pool.

We’ve got a Slovenia trip on our agenda for this year, and this place looks like it’s well placed to be a great base to explore this beautiful area, and it has a pool for the kids to enjoy too.

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A four-night stay from August 17 for a family of four at these apartments starts from £784 – or £49pppn.

This is for a one-bedroom apartment that has a balcony and a mountain view.

You can book this deal with Hotels.com.

Instead of Rome… try Verona

Check out Verona rather than Rome if you fancy a trip to Italy Credit: Alamy

Italy’s capital, Rome, home to some of the world’s most famous sites and ancient ruins, is a tourist hotspot all year round.

The crowded attractions, their sprawling size and long queues, can make it tricky to navigate with younger travellers in tow.

Whereas in Verona you can still experience Roman history, meander across beautiful piazzas, take in the riverside views and enjoy the incredible Italian cuisine, without the intensity of the capital city. 

Another great selling point of Verona is its accessibility, served by its own airport, or easily reachable from Milan or Venice, it opens up more options to snap up cheap flights, and even incorporate a couple of cities into one trip.

If staying in Verona, check Dimora Giardino di Giulietta, a family-run hotel with a pretty patio area and spacious family rooms.

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A four-night break for a family of four from August 18 in a Family Room at Dimora Giardino di Giulietta starts from £372 – or £23.25ppn.

You can book this deal on Booking.com.

Instead of Paris … try Lille

Lille is a quick option on the Eurostar, taking just one hour and 20 minutes Credit: Alamy

Fancy some French city culture without the crowds of Paris – then why not give Lille a go?

Not only is it reachable in just one hour and 20 minutes on the Eurostar from London, but its compact layout and fab public transport system make navigating, especially with a pushchair, much more manageable.

Known for its art and food scenes, there are plenty of fun, family-friendly attractions to fill a few days of slower-paced exploring, too.

Such as Cita-Parc, an amusement park with rides, or Lille Zoo, within walking distance from the city centre, which is home to over 400 animals, and entry is a very budget-friendly €6 (£5.19) for adults, €3 (£2.60) for children aged 5-17.

Wear kids out running around the huge Grand-Place square, before enjoying a stroll through the Vieux-Lille (old town) and stopping for a chocolat chaud and pastries.

Another added bonus is that dining and accommodation are much more affordable than in the capital, too. 

This place is basic, yet a practical choice for visiting the city as it’s next to the station – and within walking distance of all the main sights.

Make sure to book a Prestige Room for a family of four.

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A four-night stay in a Prestige Room at the Rosa Hotel right in the city centre from August 11 starts from £369 – or £23pppn.

You can book this deal with Expedia.

Jen Carr, the family travel expert and founder of The Travel Mum, shares the best affordable holiday deals for families throughout the week – here.

Jen’s new book ‘Yes You Can Travel With Kids’ is available now on AMAZON.

*Price correct at time of publication.



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Hairpin bends and bears on the highway: readers’ favourite European road trips | Road trips

Bear right in Romania

Jeremy Clarkson described Romania’s Transfăgărășan Highway as “one unbroken grey ribbon of motoring perfection”. The route (the second highest in Romania after the Transalpina) with its hairpin bends and climbs over the mountain was thrilling. Although we’d been told bear sightings were possible, we didn’t anticipate spotting them literally on the roadside, with one hanging over a stone wall posing for photographs, taken through the car window. Because of the harsh winters in the southern Carpathian Mountains, the section of the road to Bâlea Lake is open only for a few summer months – it proved particularly beautiful.
Helen Jackson

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Guardian Travel readers’ tips

Every week we ask our readers for recommendations from their travels. A selection of tips will be featured online and may appear in print. To enter the latest competition visit the readers’ tips homepage

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Highlights of Ireland

The karst landscape of the Burren. Photograph: Hemis/Alamy

In 2022 my wife and I set off on a 1,000-mile road trip around the island of Ireland after taking the overnight ferry from Liverpool to Belfast. After exploring Belfast, we stopped in Dublin, Kilkenny, Waterford, Cork, Dingle, Ennis, Galway, Castlebar, Sligo, Donegal, Derry and back to Belfast. We stayed in youth hostels, B&Bs, spare rooms, hotels (the Ellison Hotel in Castlebar was our favourite) and holiday lets. The scenery was incredibly varied, with the peninsula drive on the Ring of Kerry and the karst landscape of the Burren in Co Clare being particularly memorable. There were beautiful beaches (the wild sands of Glassilaun in Co Galway was our favourite), rich history and culture, superb food, characterful towns and cities, and, of course, the best pubs, and such friendly, warm people.
Joe

Around the fjords of Norway

The Norwegian village of Flåm. Photograph: Beachmite Photography/Getty Images

My wife and I drove from Bergen to Vossevangen along the Hardangerfjord (the second-longest fjord in Norway), with a diversion to Flåm for a sauna and dip. Then we took the Myrkdalen road, which includes hairpin bends, waterfalls and an exciting descent into Vikøyri. We visited Nese, a secluded village on the western shore of the Arnafjorden. Then we took the car ferry over to Dragsvik, on to the village of Rysjedalsvika, then along the northern shore of the Sognefjord (Norway’s longest and deepest fjord) for another car ferry over to stay in Dingja on the coast, to do some fishing. Then all the way back to Bergen.
Nick Martin

Geothermal bliss on Iceland’s ring road

View of Iceland’s southern mountains from Route 1. Photograph: Paul Brough/Getty Images

We started from Reykjavík and drove around the whole country on the ring road. We have done a few road trip holidays – this one was the most interesting. Every day we saw multiple dramatic landscapes and weather conditions, as well as very few other cars (we went in May). Iceland is an expensive country but being able to whale-watch and swim in geothermal pools made it worth it.
Jess

The road to Orkney

Dunnet Head, Caithness. Photograph: Markus Keller/Getty Images

We drove up to Orkney, taking our time, stopping in Glasgow, Falkirk, Perth and Tain. As lovers of history and design, we stopped at the Falkirk Wheel and the Kelpies, as well as Scone Palace just outside Perth and Dunrobin Castle in Sutherland, the most northerly of Scotland’s great houses. But, really, you’re spoilt for choice with castles, brochs and standing stones. For us, the spectacular Caithness coastline was the main attraction – not least Dunnet Head, mainland Britain’s most northerly point. There are oodles of excellent eateries along the way – we loved the River Bothy in Berriedale and Paesano Pizza in Glasgow.
Tania

Romance in Bavaria

Schloss Neuschwanstein castle in the Bavarian Alps. Photograph: Alamy

The Romantische Strasse (Romantic Road) was an early postwar successful example of a themed tourist route. It covers 286 miles through Bavaria from Würzburg to Schwangau. We drove the entire route, diligently following the tourist signs. On the way, we visited picturesque medieval towns, climbed the clock tower at the medieval walled town of Nördlingen – built entirely inside a meteor crater – and ended at the fairytale castle of Schloss Neuschwanstein. We sampled the hearty Bavarian cuisine, firmly centred on pork and sausages, enjoyed the local beer, and stayed in simple local hotels.
Marilyn

Winning tip: traversing Italy’s Abruzzo Apennines

Lago di Barrea in the Abruzzo national park. Photograph: Valerio Mei/Getty Images

Abruzzo’s Valle del Sagittario snakes between narrow limestone cliffs, giving a peek into Italy’s wild heart. From vertiginous Anversa degli Abruzzi, head south to Scanno, pausing to solve its riddle of stone stairways and cobbled alleys, made famous by photographers and artists (including Maurits Cornelis Escher). Continue through mountain pastures, still traversed by shepherds and flocks and the region’s endangered brown bear population. Take a deep breath at the Godi mountain pass (1,630 metres) and relish the sparkling turquoise of Lago di Barrea below. As you begin the beech-clad descent into the national park, look out for the aptly named roadside hotel: Paradiso.
Emma de Heveningham

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Ellison family sells theater chain to European company Kinepolis

The Ellison family-controlled Harbor Lights Entertainment has sold its Showcase Cinemas theater chain to a major European cinema group in a $30-million deal.

Belgium-based Kinepolis will soon operate 13 cinemas across the United States. Seven are in Massachusetts, four in New York, one in Ohio and one in Rhode Island.

David Ellison, who is now in charge of Paramount Skydance, acquired National Amusements last year from the Redstone family. He renamed the company Harbor Lights. National Amusements was the start of Redstone’s media empire, which at one point included control of CBS, Paramount and Viacom.

Paramount is in the process of acquiring Warner Bros. Discovery in a $111-billion deal. Under the proposal, Ellison has said the two studios will release 30 films per year. But he and his team would also have to make $6 billion in cuts and take on $79 billion in deal debt.

The deal is awaiting regulatory approval, but officials in several state states recently announced plans to try to block the merger. The potential lawsuit would seek to challenge the proposed merger on antitrust grounds, arguing it would decrease competition, lower wages and lead to widespread job losses.

With the sale of the theaters, Kinepolis will add 164 screens to its portfolio. The company was formed in 1997 and currently operates 63 cinemas in Europe and nearly 60 theaters in the U.S. and Canada.

The newly acquired theaters welcomed about 4 million visitors and generated more than $90 million in revenue last year.

“This acquisition allows us to expand our market position in the U.S. from Michigan to the East Coast with an asset and a team that enable us to implement Kinepolis’ operational model and corporate strategy, ultimately enhancing the experience for moviegoers in these markets,” Eddy Duquenne, Kinepolis’s chief executive, said in a statement.

The company said Showcase Cinemas would retain its name. It expects the acquisition to be complete by the end of the summer.

Times staff writer Wendy Lee contributed to this report.

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European markets open cautiously ahead of ECB rate decision

Investors are bracing for an ECB rate hike on Thursday. Markets expect the European Central Bank to raise rates by 25 basis points, which could weigh on growth and corporate earnings. Investors are also awaiting guidance on whether further hikes will follow.


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ING said in an analysis on Thursday morning that: “We expect the ECB to hike by 25 basis points from 2.0% to 2.25%, supported by a hawkish tone, but the bar has risen to surprise markets. Despite oil prices testing new lows earlier this week, the EUR curve is increasingly set on three rate hikes.”

Stock markets across Europe opened in positive territory despite the drop in Asian shares following another sell-off in AI-related stocks on Wall Street on Wednesday.

The Euro Stoxx 50 opened 1.2% higher but the broader pan-European Stoxx 600 rose was flat in early trading.

Germany’s Dax and France’s CAC 40 were both up by 1%, while the UK’s FTSE 100 led with a 1.2% gain. Meanwhile, Italy’s FTSE MIB rose by 0.7%.

In other dealings, Asian shares mostly fell on Thursday after another sell-off in artificial intelligence stocks weighed on Wall Street, while oil prices rose.

Japan’s Nikkei 225 lost 0.5%, South Korea’s Kospi fell 0.2%, and Australia’s S&P/ASX 200 slipped 0.2%. Taiwan’s Taiex declined 0.4%.

Hong Kong’s Hang Seng index edged 0.2% higher, while Shanghai’s Composite index dropped 0.2%.

On Wall Street, on Wednesday, the S&P 500 fell 1.6%, marking its first consecutive decline in three weeks. The Dow Jones Industrial Average dropped 1.9%, while the Nasdaq Composite lost 2%.

Wall Street has been unsettled since last week, when AI stocks reversed course after hitting record highs. Investors are weighing whether the recent pullback has eased concerns over excessive optimism or signals the beginning of a more prolonged downturn.

Super Micro Computer, which sells AI servers, plunged 28% after announcing late on Tuesday plans to raise $7 billion through sales of common stock and convertible preferred shares. Companies often seek to raise capital when share prices are elevated, though such moves can dilute existing shareholders’ stakes.

Micron Technology swung between gains and losses before ending down 4.7%. The stock has experienced sharp volatility in recent sessions, having fallen 7.7% last Thursday, dropped a further 13.3% on Friday and then rallied 9.9% on Monday. Despite the swings, its shares remain up 212.5% so far this year.

Nvidia, the chipmaker that has grown into a nearly $4.9 trillion company on the back of the AI boom, was the biggest drag on the S&P 500 after falling 3.7%. Broadcom, another major AI beneficiary, lost 5.1%.

Some pressure on AI-related shares may also be linked to investors raising cash ahead of several high-profile stock market debuts in the United States. SpaceX’s initial public offering could take place later this week.

Weakening stocks for companies with big fuel bills also pulled the market lower. United Airlines sank 6.2%, and cruise operator Carnival fell 6.3% after oil prices rose due to the latest fighting in the war with Iran.

Oil prices and US inflation

Brent crude rose 1.8% to $93.10 a barrel on Wednesday after President Donald Trump warned that Iran would “pay the price” for stalled negotiations between the two sides over the conflict. The war has effectively closed the Strait of Hormuz to oil tankers, disrupting crude shipments from the Persian Gulf to customers worldwide.

Higher oil prices have added to inflationary pressures. A report released on Wednesday showed US consumer prices rose in May at the fastest annual pace in three years.

Traders are increasingly betting that the Federal Reserve will need to raise its benchmark interest rate at least once this year in response to persistent inflation and a resilient labour market.

Higher yields can slow economic growth and weigh on a range of investments, including stocks and cryptocurrencies. They tend to hit the most highly valued assets hardest, and some critics argue that enthusiasm around AI has inflated a market bubble.

In early European trading, Brent crude was up by 0.5% at $93.60 a barrel, while US benchmark crude gained 0.7% to $90.70.

The US dollar traded at 160.58 Japanese yen in the morning. The euro rose slightly to $1.1542, and the UK pound cost $1.3377.

The gold prices dipped by 0.6% to $4,109.60 an ounce.

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Eurostar forced to cancel trains as travel strikes hit TWO popular European countries

A 48-HOUR strike in Europe has already seen Eurostar trains cancelled – and more could follow.

Strikes across Italy and France today and tomorrow are impacting rail services including Eurostar trains to and from the UK.

A Eurostar passenger train speeds towards the Channel Tunnel.
Eurostar services are being cancelled today and tomorrow due to strikes Credit: AFP

Cancelled Eurostar trains include the 7:12am service from Paris to London and then the 3:31pm service from London to Paris, both today.

Tomorrow, the 7:12am service from Paris to London will also be cancelled.

A number of other Eurostar trains are facing delays as well including between Paris and Brussels, which will impact Brits changing trains at Paris.

According to the Eurostar website, the cancellations are due to “strike action on the French network” and that “local and national traffic in France will be heavily disrupted”.

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Passengers are being advised to keep an eye on Eurostar’s website and app for updates.

The Eurostar delays and cancellations aren’t the only trains impacted.

Across France and Italy there are nationwide strikes over the next 48 hours on rail services.

In France, strike action today is causing disruption across the entire country’s network including trains heading to Normandy, Brittany and Provence.

Two modern red Eurostar high-speed trains at Gare du Nord railway station, with passengers walking on the platform.
Trains across Italy and France are also impacted by nationwide strikes Credit: Getty

The action started at 7pm yesterday and will continue until 6am tomorrow.

According to Rail Europe, delays of between one-and-a-half hours and three hours can be expected on trains being run by TGV INOUI, OUIGO, and Eurostar.

On the other hand, in Italy, workers at state-owned rail companies such as Trenitalia, Trenord, and Trenitalia Tper will strike tomorrow from 3am until 2am on Friday.

Delays and cancellations are expected across the country including services to destinations such as Rome, Milan, Florence, Venice and Naples.

Though due to Italian laws, there will be services at peak times which include between 6am and 9am and between 6pm and 9pm.

According to RTL Today, train connections to Luxembourg are also being impacted.

For Brits on holiday in either Italy or France, if you are due to get on a train within the country or even on a Eurostar service, expect delays and cancellations, as well as busier train stations.

Sun Travel has contacted Eurostar for comment.



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