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- Hungary’s incoming PM péter magyar seeks to unlock frozen eu funds
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EU
Hungary’s incoming Prime Minister Péter Magyar aims to visit Brussels to negotiate the release of billions in frozen EU funds. He emphasised his commitment to restoring checks and balances within the government, highlighting a significant shift in Hungary’s approach to EU relations.
US President Donald Trump has urged NATO allies to devise a plan within days to reopen the Strait of Hormuz, crucial for global energy supplies. Following talks with NATO Secretary General Mark Rutte in Washington, expectations for military deployment and action remain amidst European reluctance.
As Hungary’s elections approach, EU officials are preparing for potential outcomes, anticipating continued tensions under Viktor Orbán or a cautious reset with opposition leader Péter Magyar. Both pathways hold significant implications for Hungary’s relationship with the EU and its ongoing funding disputes.
European Union defence ministers have approved the national investment plans of eight member states, enabling the first disbursements under the €150 billion Security Action for Europe scheme. Cyprus Defence Minister Vasilis Palmas emphasised the EU’s commitment to strengthening security amid rising defence needs.
Industry leaders, including EUROFER President Henrik Adam, demanded urgent EU action to lower high electricity prices, which threaten competitiveness and investment in energy-intensive sectors. They seek costs around €50/MWh to support decarbonisation and restore industrial capacity amid rising global competition.
Ursula von der Leyen, President of the European Commission, emphasized the need for careful implementation of a “Made in Europe” preference in public contracts, highlighting its potential to boost European production amidst rising concerns over US tariffs and Chinese trade practices.
Greens/EFA group Member of the European Parliament (MEP) Saskia Bricmont described the EU-US trade agreement as a “total capitulation,” urging for increased investments and a decoupling from Washington amid ongoing trade negotiations.
French President Emmanuel Macron has initiated a debate on EU common debt, or eurobonds, as reported by EU news editor Maria Tadeo in Strasbourg. This discussion is significant as it addresses ongoing financial challenges faced by the bloc.
The European Union’s anti-corruption efforts have stalled, with Hungary and Bulgaria scoring the lowest in Transparency International’s 2025 Corruption Perceptions Index, said Flora Cresswell, regional advisor for Europe. The findings are crucial as the EU prepares to adopt a new Anti-Corruption Directive.
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