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Germany
During the EU-Western Balkans summit, momentum for EU enlargement was underscored by Hungary’s decision to lift its veto on Ukraine’s accession negotiations. António Costa noted that upcoming talks will showcase renewed European unity, particularly ahead of the June summit, despite ongoing challenges in the accession process.
Péter Magyar, Hungary’s Prime Minister, will meet German Chancellor Friedrich Merz on Tuesday and French President Emmanuel Macron on Wednesday. This tour focuses on restoring Hungary’s relations with the EU, following a political agreement to unlock €16.4 billion in blocked EU funds.
Germany plans to acquire a 40% stake in tank and weapons maker KNDS, which is currently under French control. Following an initial public offering, Germany aims to reduce its stake to 30% within two to three years while gaining rights equivalent to those of the French state.
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