Closeness between the two leaders began to build in 2016, when Viktor Orbán was the first European leader to call Trump “a better option” in the presidential race against Hillary Clinton. Their bromance further blossomed as they praised each other when they met at the White House in 2019. Even after Capitol Hill was stormed … Read more
The ECB has repeatedly argued that consumer spending would increasingly support growth, against a backdrop of slowing inflation and rising real incomes, and it’s likely to take the news as vindicating that argument. At the national level, Germany, Spain and France posted better-than-expected growth, while Italy’s came in below expectations. Ireland performed best, growing 2 … Read more
Opposition parties cried foul after Georgia’s ruling party, Georgian Dream, claimed victory with 54 percent support in a vote on Saturday. Georgian President Salome Zourabichvili said her country had fallen victim to a “Russia[n] special operation,” and vowed she wouldn’t accept the election results, demanding a re-run. She also called on Georgian citizens to take … Read more
He added: “I also want to congratulate the Georgian government on that while enforcing pro-European politics, you didn’t allow becoming a second Ukraine. We greatly value the PM’s devotion to this idea, and I’m confident Georgia will be well-suited to join the EU by the end of this decade.” Orbán was echoing Georgian Dream’s preelection … Read more
Their parties were both in the conservative European People’s Party in the European Parliament, both had cut their teeth in the anti-communist opposition in the late 1980s, and both had often encountered each other as they rose through the ranks in their respective countries. “Being in the same EU party and sharing a passion for … Read more
The loan would be repaid entirely using the windfall profits generated by more than $250 billion of Russian assets that were immobilized across Western countries after Moscow’s invasion of Ukraine in February 2022. Washington announced on Wednesday that it would contribute $20 billion to the loan during December, in a bid to shield its contribution … Read more
“Rather than new legislative proposals, we can achieve our objectives by better implementing and enforcing existing legislation while using incentives and new market-based tools to promote change,” Hansen said in reply to a question on whether the EU’s executive would propose the framework next year. Costas Kadis Cyprus’ Costas Kadis, the commissioner candidate for fisheries … Read more
As housing protests continue across Europe and the UK due to the impact of short-term rentals, Airbnb has released data showing the cheapest dates for British families to book holidays. This data provides a crucial insight into cost-effective travel options amid rising living costs and heightened concerns over Airbnb’s effect on local housing markets. Airbnb’s … Read more
Hungarian Prime Minister Viktor Orbán accused the European Union on Wednesday of trying to establish a “puppet government” in Budapest, and urged Hungarian citizens to defy Brussels like they confronted the Soviet army in 1956. “Brussels has announced that it will get rid of Hungary’s national government. They have also announced that they want to … Read more
Prague has introduced a ban on organised pub crawls to reshape its tourism image and address residents’ frustrations. The new regulations, which come into force in November 2024, aim to reduce the number of intoxicated, disruptive tourists—many of whom participate in stag and hen parties—while encouraging more refined, wealthier visitors. The city hopes this move … Read more
