‘Critics of the deal highlighted that—although some ridiculed the UK in May for agreeing to 10 per cent tariffs with Washington—the post-Brexit United Kingdom managed to strike a more favourable deal with the US administration than the economically more powerful 27-member European Union.’
Hungary’s government finalized the terms of its 3 per cent home loan programme, expanding eligibility and introducing new support for public servants, while also criticizing an EU–US trade deal and reaffirming its stance on national sovereignty.
In April, Israeli PM Benjamin Netanyahu visited Budapest amid international controversy over an ICC arrest warrant. Hungary, rejecting the court’s legitimacy, announced its withdrawal from the ICC, later formalized in May. The ICC has since launched non-compliance proceedings, while Hungary claims the court is politically biased and vows not to cooperate.
‘We are no longer living in an age where mere export promotion or trade fairs are sufficient to stimulate economic growth. What Germany lacks is strategic positioning in a geopolitical context that has dramatically changed. That is where we step in. BWA Global Economic Network is Germany’s only institutional framework that consistently thinks in terms of economic diplomacy…’
Péter Szijjártó didn’t mince words in criticizing Ursula von der Leyen, calling her a diplomatic embarrassment and slamming the US–EU trade deal as a humiliating defeat for Europe. Speaking on the Warriors’ Hour podcast, he said the EU would now pay the price for eight years of insulting Trump.
The euro plunged to $1.1565 on 29 July, down 1.6 per cent since the US–EU trade deal was announced—despite Ursula von der Leyen calling it a ‘huge deal’. Markets, however, delivered their verdict: the agreement heavily favours Washington, leaving Europe with rising energy dependence and economic uncertainty.
After months of negotiations between Brussels and Washington, Ursula von der Leyen and Donald Trump announced a new EU-US trade deal. Though hailed as a success by the Commission President, the agreement disproportionately favours the United States, risking Europe’s strategic overdependence on Washington. Additionally, the deal delivers a serious blow to Hungary’s economy.
A united European army remains an illusion, argued Hungarian and regional experts at Tusványos. Citing historical, political, and structural obstacles, panellists instead urged member states to focus on NATO, develop national defence industries, and prepare for a shifting global security landscape.
Will Brussels dictate the future of Europe, or can member states reclaim control? A high-profile panel at Tusványos, including Hungarian EU Affairs Minister János Bóka and Rod Dreher, criticized the EU’s centralization drive, arguing that the European Commission now holds more power than many national governments.
Hungary has refused to comply with the EU’s migrant quota system, citing national security concerns and growing public dissatisfaction across Europe. György Bakondi warned that Brussels’s approach ignores the realities faced by member states.