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EU
Reykjavík recorded a higher voter turnout in the EU referendum by noon on Saturday, with 13.7% in the North constituency and over 14% in the South, surpassing 2024 parliamentary election figures. A close outcome is anticipated, with polls indicating a near tie on EU membership support.
Spain has requested European Commission assistance from Frontex and Europol to enhance migrant screening in Ceuta. The Interior Minister emphasised the need for electronic triage and processing as the situation remains critical, following the influx of over 72,000 migrants, with tensions rising among local residents.
European monarchs and world leaders are paying tribute to Norway’s King Harald, who died aged 89. The continent’s oldest reigning monarch leaves behind a legacy of unwavering dedication, with tributes highlighting his warmth, leadership, and unity-promoting efforts for Norway and beyond.
Hungarian Prime Minister-elect Péter Magyar indicated that EU funds could soon be released to Hungary following productive talks with European Commission President Ursula von der Leyen. Their discussions addressed unlocking billions in frozen funding, necessary for economic support, amid a looming August deadline.
As EU countries debate the European Commission’s proposal, China is urging national governments to abandon the planned law. Beijing has warned that failure to comply will lead to countermeasures, highlighting escalating tensions between the EU and China over regulatory standards.
EU FOCUS THIS MORNING
Europe addresses ongoing energy and security challenges
as imminent discussions on sanctions and reforms continue.
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.
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