EU

Hungary’s recent reforms under Prime Minister Péter Magyar aim to restore the rule of law, the European Commission reported. Key developments include joining the European Public Prosecutor’s Office and dismantling the controversial Sovereignty Protection Office, reflecting significant progress in anti-corruption measures and judicial independence.

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German MEP Engin Eroglu warned that restricting Chinese access to the EU market could destabilise China’s export-driven economy. With an unprecedented €1 billion deficit in 2026, the European Commission plans unilateral measures, including tariffs and quotas, to protect industries from the surge of low-cost imports.

The European Commission has submitted a list of EU products to the US, seeking exemptions from the 15 per cent tariffs established under the 2025 trade deal. Key items include Roquefort cheese, olive oil, and machinery, representing approximately €150 billion in exports.

EUROPE MORNING BRIEFING

Overnight, tensions escalated in the European Union as leaders condemned Viktor Orbán’s actions regarding Hungary’s energy commitments. The bloc faces challenges in ensuring support for Ukraine amidst ongoing disputes over pipeline safety and financial agreements.

EUROPE MORNING BRIEFING

This morning, EU leaders prepare for discussions on the Middle East crisis, energy prices, and Ukraine. Diplomatic solutions will be explored, while Hungarian Prime Minister Orbán’s veto on the €90 billion loan for Ukraine remains contentious.

EUROPE MORNING BRIEFING

This morning, the European People’s Party reflects on its 50th anniversary amidst rising concerns over allegations of collaboration with far-right factions in Brussels. Leadership is deliberating the implications for future coalition-building within the European Union.

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