Browsing: Eastern Europe News

MEPs from Hungary’s Tisza party opposed European Parliament safeguards for the EU’s Mercosur trade deal, asserting support for local farmers. Their stance raises concerns within the European People’s Party as they lead in upcoming elections against Viktor Orbán’s government.

French President Emmanuel Macron and Italian Prime Minister Giorgia Meloni have called for the European Union to re-engage diplomatically with Russia to influence post-war security discussions. This push has intensified amid debates on appointing a special envoy to streamline communication with the Kremlin.

With two months until Hungary’s April election, Prime Minister Viktor Orbán has ramped up anti-Ukraine rhetoric, while leading challenger Péter Magyar pledges to reduce corruption and provide tax relief for low earners, impacting the election dynamics.

Real household income in Europe has risen by about 7% since the COVID-19 pandemic, with Poland, Romania, Hungary, and Croatia seeing increases of 15-20%. This disparity highlights economic inequalities across the continent, affecting purchasing power.

European Commission President Ursula von der Leyen will meet French President Emmanuel Macron today amidst increasing discussions on direct talks between Europe and Russia, with Macron recently dispatching diplomat Emmanuel Bonne to Moscow, reflecting a shift in diplomatic strategy.

Ukraine will receive a €90 billion loan to support its budget and defense, as confirmed by European officials. The European Parliament aims to expedite voting, given the urgent need to address funding before the budget is empty in April.

The European Investment Bank (EIB) is allocating €3 billion to assist EU countries in managing expected energy bill increases from the 2028 carbon tax, announced Climate Action Commissioner Wopke Hoekstra. This funding supports vulnerable households transitioning to cleaner energy solutions.

US President Donald Trump endorsed Hungarian Prime Minister Viktor Orbán on Truth Social, praising his stance on migration ahead of the crucial April 12 election. Orbán faces a challenge from Péter Magyar’s Tisza Party, currently leading in polls with 35%.

On 2 February, Israel reopened the Rafah crossing into Gaza, marking progress in the US-brokered ceasefire with Hamas, according to Martin Konečný, director of the European Middle East Project. The reopening follows the return of the last Israeli hostage.

The European Commission plans a new round of sanctions against Russia, including a proposed ban on maritime services for vessels carrying Russian oil, as officials consult G7 partners. This development comes as the war nears its fourth year, impacting energy revenues and sanctions enforcement.