The European Commission proposed on Sunday the suspension of around 7.5 billion Euros of the funds originally allocated to Hungary. However, they also left the door open for a compromise, meaning that Budapest could ultimately receive the entirety of the funding.
Being unsuccessful at overthrowing Orbán, the EU has shifted its strategy to attacking the prime minister’s immigration policy and the libel laws.
Brussels has revealed its latest plan to curb energy prices in Europe. An expert of Századvég Institute has taken a closer look at the document.
Ursula von der Leyen, the president of the European Commission, announced on Monday that the EU is preparing an ’emergency intervention’ in the bloc’s power market to curb skyrocketing prices.
Mikhail Gorbachev, the man who ended the Cold War without bloodshed, passed away on Tuesday at the age of 91.
Cooperation between China and the Central and Eastern European countries (CEE) was established in 2012. While at its peak, the initiative comprised 17 CEE states, that number has shrunk to 14, as a result of disillusionment with Beijing over its silence on the Russian aggression against Ukraine, as well as its unkept investment promises.
‘The problem is the Western European argument attached to these sanctions, namely: the greater the pressure exerted by the sanctions, the quicker peace will come. This mindset was wrong from the start because sanctions–as we saw earlier in the case of Iran– can only have an impact in the long run.’
The economic sanctions against Russia seem to have hurt Europe more than the country stricken by them. Russian economy is not weakening as rapidly as those of some EU countries.
As EU member states revert to coal due to the energy crisis, it is now apparent that coal will soon be in short supply for some countries.
Southern-European countries expect a large influx of migrants from North Africa and the Middle East. As food insecurity grows due to the war and climate change, many will attempt to flee their crisis-stricken countries.