The competition regulators of the European Union have halted their investigation into a prospective acquisition of Baker Hughes by Halliburton, effectively freezing any such combination between two giant providers of oilfield services.
Hungarian Prime Minister Viktor Orbán meets with Russian President Vladimir Putin in Moscow. Orbán used the meeting to call for Russia's relations with the EU to "return to normal", saying "We all are interested in normalizing relationship between Russia and Europe" while Putin described Hungary as an "old and faithful partner".
The United Kingdom's Prime Minister David Cameron announces he will suspend collective responsibility ahead of the referendum on the country's EU membership, allowing ministers to campaign for the UK to leave the European Union. A member of his cabinet was reportedly due to resign over the issue within 24 hours.