Stephen Carroll

Hi, I'm Stephen Carroll.

It's called Bloomberg Daybreak Europe Edition, covering all the top stories across Europe and around the world.

Each weekday morning, we're up early to bring you the latest news by 7am.

And I'm in the EU's capital, Brussels.

We have 3,000 journalists and analysts around the world to tell you what's happening, what it means and why it matters.

So start your day with us on Bloomberg Daybreak Europe Edition for the news you need to know and the context to make sense of it.

And I'm Stephen Carroll.

Greenland's Prime Minister has ruled out the possibility of the territory becoming part of the United States.

At a joint press conference with Danish Prime Minister Meta Frederiksen in Copenhagen, Jens Frederik Nielsen delivered a forceful response to President Trump's repeated claims that the US must own Greenland.

Asked about those comments by Greenland's Prime Minister, the US President said, I don't know who he is, I don't know anything about him, but that's going to be a big problem for him.

The remarks come ahead of a high-stakes meeting in Washington later today between the Danish and Greenlandic Foreign Ministers and US Secretary of State Marco Rubio, along with Vice President J.D.

Vance.

China's trade surplus hit a new record last year, seemingly unfazed by the US trade war.

The world's second largest economy took in a net $1.2 trillion from trade in 2025.

Data for last month showed exports rising by 6.6%, more than double the median economist estimate.

But booming trade underlines the rift between China's manufacturing power and its stubbornly weak domestic economy.

And staying in the UK, as many as 200,000 homes could face a new tax on properties worth more than £2 million.

That's according to Jonathan Russell, CEO of the government body responsible for valuing homes, who says most affected residences are in London and the South East.

Speaking to Parliament's Treasury Committee yesterday, Russell said the Valuation Office Agency will assess homes starting at £1.5 million to ensure that none that should fall under the levy are overlooked.

The measure is expected to raise around £400 million in the 2029 tax year, though its introduction could cause market distortion and hit other property taxes like stamp duty.