Browsing: Bart De Wever

EU High Representative Kaja Kallas indicated that using Russia’s frozen assets to finance Ukraine is still possible if Viktor Orbán maintains his veto on the €90 billion loan. Orbán blocked this financial support due to a dispute over the Druzhba oil pipeline, impacting Ukraine’s funding amid ongoing conflict.

The European Commission has dismissed German Chancellor Friedrich Merz’s call for a trade deal with China, urging Beijing to address its economic practices. This follows Europe’s ongoing struggle with a significant trade deficit attributed to China’s low-cost exports amid a real estate crisis, raising concerns over competition and industrial decline.

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.