European Council President Michel: The decision on Ukraine is also a signal to American taxpayers.

Polish Prime Minister Tusk: It is an important moment for Hungary to become part of the coalition of countries supporting Ukraine.

Polish Prime Minister Tusk: The EU is united in helping Ukraine.

German Chancellor Scholz: I have not yet received the list of military supplies sent to Ukraine.

S&P Global Intelligence comments on the U.S. manufacturing PMI: Employment is rising again as companies seek to build additional operational capacity, indicating that the economic improvement will further strengthen. The upbeat news was overshadowed by signs that supply delays are causing factory costs to rise. Rising delivery costs are often linked to bad weather and recent global shipping disruptions, and these higher costs are being passed on to commodity prices. Therefore, if these supply-related inflation trends persist, there may be some renewed upward pressure on consumer prices in the coming months.

German Chancellor Scholz: It is expected that we will be able to count bilateral arms supplies to Ukraine as contributions to the European Peace Fund.

German Chancellor Scholz: Many European capitals need to discuss the issue of whether they have provided enough weapons to Ukraine. Some countries have not provided enough weapons.

S&P Global Intelligence comments on U.S. manufacturing PMI: Business optimism about the coming year has soared to the highest level since early 2022 due to surge in demand. New orders are rising at a pace not seen in more than a year and a half, with orders for consumer goods improving particularly sharply as households benefit from signs of slowing inflation and easier financial conditions. Factories are also showing signs of replenishing inventories.

German Chancellor Scholz: Regarding the arms support commitment to Ukraine proposed by European Commission Vice President and "Foreign Minister" Borrell on Wednesday, the numbers are confusing and have apparently been going on for several years.

European Commission President von der Leyen: We will provide Ukraine with the necessary financial support and more predictability it deserves.

German Chancellor Scholz: I support free trade agreements and the Mercosur Agreement.

German Chancellor Scholz: Regarding the European peace mechanism, we did not talk about anything other than the summit declaration.

European Council President Michel: We are determined to ensure that Ukraine gets the military equipment it needs.

German Chancellor Scholz: We must realize that we all need to once again make a huge effort to support Ukraine militarily.

U.S. Treasury yields continued their rise; the 10-year yield hit its lowest level this year at 3.886%.

German Chancellor Scholz: The EU summit sent a positive message to the United States, which I hope will make U.S. President Biden’s efforts in this regard smoother.