EU

Péter Magyar, Hungary’s new political leader, signalled a continuation of his predecessor Viktor Orbán’s strategy to attract Chinese electric vehicle manufacturers. At a recent press conference, Magyar emphasised collaboration with China while committing to align investments with EU regulations, amid rising scrutiny of Chinese market practices.

French President Emmanuel Macron announced a summer deadline for a broad deal to reform the European economy, citing frustrations with consensus among EU nations. Enhanced cooperation among smaller groups may be pursued if no progress is made by June, according to European Commission President Ursula von der Leyen.

Allies are returning to business as usual after last month’s Greenland dispute sparked fears of an implosion in the 70-year-old military alliance, according to unnamed officials within NATO. The situation is significant for maintaining alliance cohesion.

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