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- European Parliament demands 10% hike in EU long-term budget plan
EU
The European Parliament has adopted its stance on the EU long-term budget, advocating for a 10% increase and the implementation of EU-level taxes. Members of the European Parliament are prepared for rigorous negotiations as discussions regarding the budget for the 2028-2034 cycle progress.
Relations between Hungary and its neighbours deteriorated ahead of the 12 April election, which saw newcomer Magyar defeat long-standing nationalist leader Viktor Orbán. This political shift marks a significant change in Hungary’s approach to regional relations and governance.
The European Commission is shifting towards a firmer stance on China, spurred by China’s threat of retaliation against the EU’s Made in Europe legislation. On 29 May, EU Commissioners will debate a new strategy amid rising pressures from industry and economic threats perceived from Beijing, signalling potential changes in trade policy.
EUROPE MORNING BRIEFING
A missile strike on a primary school in southern Iran has resulted in over 170 casualties, prompting international condemnation. European Union leaders urge restraint amid ongoing conflict developments this morning.
EUROPE MORNING BRIEFING
This morning, the EU foreign ministers meet to address the impact of the US-Israeli war on Iran, focusing on Europe’s energy system. Live updates from the Strait of Hormuz are expected throughout the day.
EU ENERGY CRISIS
This morning, discussions on energy strategies intensify as the EU responds to market fluctuations triggered by ongoing global tensions.
Member states seek cohesive solutions to mitigate rising costs.
EUROPE MORNING BRIEFING
Belgian Prime Minister Bart De Wever urged Europe this morning to negotiate with Russia to end the Ukraine conflict and restore access to affordable energy. The European Union remains divided on this approach.
EUROPE MORNING BRIEFING
Hungarian PM Viktor Orbán rallied supporters this morning in Budapest, framing April’s election as a choice between peace and war. He criticised Ukraine’s Zelenskyy and the European Union regarding the Druzhba pipeline dispute.
EUROPE MORNING BRIEFING
Overnight, Hungary’s opposition leader Péter Magyar accused Prime Minister Viktor Orbán of collaborating with Russian agents ahead of the 12 April elections. Magyar emphasised the need to address economic challenges in his campaign.
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