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.

EU UPDATE

This morning, Europe grapples with labour allegations, media freedom concerns, and evolving international trade dynamics, affecting the EU’s stability and unity.
Key issues underscore the importance of collective responses and strategic cooperation.

Spanish Prime Minister Pedro Sánchez’s plan to grant legal status to approximately 500,000 undocumented migrants has triggered significant debate about migration regulations. While these individuals can apply for residency, they are restricted to living and working in Spain, contradicting claims of unrestricted movement across Europe.

US President Donald Trump has accused NATO allies of cowardice for failing to assist in reopening the Strait of Hormuz, a critical route for global oil supplies. Tensions escalated following Spain’s denial of access to US military bases, prompting speculation over US reassessment of NATO relations.