Europe’s Thirst for Oil Revives African Interests
Europe is scrambling to replace Russian oil and gas, which has renewed interest in massive African oil and gas investments.
Europe is scrambling to replace Russian oil and gas, which has renewed interest in massive African oil and gas investments.
Due to the multifaceted crisis the continent is dealing with, the probability of recession is rising.
The European Commission approved a staggering €5.4 billion hydrogen subsidy plan last Friday. The ambitious joint project aims to help reach net-zero greenhouse gas emission plans and replace natural gas but is the plan feasible?
In an exclusive presentation at MCC, Minister Tibor Navracsics addressed the question of the EU Recovery Funds, as well as the current state of the negotiations between Brussels and Budapest.
A new deal with Azerbaijan to increase natural gas imports may bring Europe back from the brink of catastrophe.
As demand grows, water supplies are continuing to be depleted and water scarcity has become increasingly frequent in the EU.
In order to restart the economy, Macron is proposing measures with both social and economic dimensions, including an EU-level fuel tax and EU standards to be enforced in trade agreements, and he is a strong proponent of the directives on minimum wage and gender equality.
The possibility was unnoticed or at least underrated, that the AUKUS agreement was a strange victory, not only for AUKUS members, but also for another region, usually chastised by the world’s political elite: Central and Eastern Europe.
As the EU Summit has finally come to an agreement regarding the Russian oil embargo, PM Orbán was able to secure a compromise to defend Hungarian national interests.
In the last decade, both Poland and Hungary have been actively formulating European policy; however, this duo is not strong enough without the active support of the Czech Republic and Slovakia. It is also a warning sign that the loudest criticisms of Hungary and Poland can often be heard from inside the V4.