Browsing: Brussels

Hungarians will vote on Sunday, 12 April 2026, in pivotal parliamentary elections that could reshape the nation’s relationship with the European Union. Incumbent Prime Minister Viktor Orbán faces off against Péter Magyar, leader of the Tisza party, which advocates for pro-European policies and renewed access to EU funds.

The EU’s energy chief, Dan Jørgensen, has warned that high energy prices may persist even with a swift peace deal in Iran, urging member states to prepare for extended disruptions. Rising fuel costs have prompted discussions on measures like rationing and car-free Sundays to manage demand.

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.