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Ursula von der Leyen, President of the European Commission, proposed that countries unable to reach consensus on economic policies should form smaller groups to advance initiatives, ahead of a pivotal summit aimed at strengthening Europe’s economy against US and China pressures.
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.
Former Prime Minister Ehud Olmert stated that Israel is accountable for the ongoing West Bank violence, attributing it to settlers and government support. The Israeli security cabinet has announced measures to facilitate settlement development, which raises significant concerns amid rising tensions since the October 2023 Hamas attack.
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.
Centre-left candidate António José Seguro has claimed a decisive victory in Portugal’s presidential election, securing 67% to 73% of the vote against far-right candidate André Ventura, who garnered 27% to 33%. The results matter as Seguro’s win consolidates his position over Ventura’s growing opposition party.
Portugal has commenced voting in the presidential election runoff, with António José Seguro, Socialist Party candidate, expected to beat Chega leader André Ventura. Approximately 11 million voters are eligible, marking a key moment in Portugal’s evolving political landscape.
Former Israeli Prime Minister Ehud Olmert spoke on Euronews regarding ongoing US–Iran nuclear talks, emphasising the urgency of diplomatic efforts amid escalating tensions in the region, highlighting the need for immediate resolution for global security.
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