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.

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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.

Alain Berset, Secretary General of the Council of Europe, warned that proposed reforms to the European Convention on Human Rights regarding migration could threaten broader human rights protections. His comments follow an open letter from nine EU countries advocating for changes by May 2025.

Warsaw Mayor Rafał Trzaskowski stated that the outcome of Russia’s war against Ukraine will significantly affect global perceptions of Western resolve. He emphasised the need for a peace agreement reflecting Ukrainian priorities and warned against initiatives perceived as rewarding Russian aggression.

European Investment Bank President Nadia Calviño urged European Council President António Costa to prioritise the Savings and Investments Union, stressing the need for new frameworks to redirect savings into innovative businesses, aiming to enhance Europe’s competitiveness ahead of the informal European Council on 12 February.

Council of Europe chief Alain Berset urged European nations to provide budgetary support for a special tribunal to prosecute crimes of aggression in Ukraine, emphasizing the need for accountability amid ongoing peace talks and highlighting financial challenges in establishing the court.

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