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Hungary unlocks €16.4bn in EU funds

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 · 22h · on MSN
What Hungary must do to receive EU funds frozen under Orban
Prime Minister Peter Magyar and European Commission President Ursula von der Leyen announced a deal that could free up over €16 billion in EU funds for Hungary. Now, Magyar's new government needs to deliver.

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 · 1d
EU Commission agrees to unlock €16.4 billion for Hungary
 · 1d
Hungary unlocks €16.4bn in EU funds after Magyar secures deal with Brussels
 · 1d
EU unblocks €16.4 billion for Hungary after Magyar’s reform push
The European Union on Friday announced that it will release €16.4 billion ($19 billion) in previously frozen funds to Hungary, marking a major victory for Prime Minister Peter Magyar.

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 · 1d
Hungary secures release of 16.4 billion euros in EU funds after agreement with Brussels
 · 1d
Nato says drone that crashed in Romania was ‘of Russian origin’ despite Moscow’s denials – as it happened

US and Europe sound alarm

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Impacts
 · 1d · on MSN
US and Europe sound alarm after Russia drone strikes NATO country
A Russian drone hit the roof of an apartment building in the city of Galați in Romania, near the border with Ukraine and Moldova.

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 · 16h
Former Russian president tells EU leaders to shut up and threatens further drone strikes
DPA International on MSN · 12h
NATO, EU condemn Russian drone crash in Romania
 · 14h
'I will sleep with fear': Romanians shaken after block of flats hit by drone
The BBC visited a block of flats in Romania's eastern city of Galați, near the border with Ukraine, after it was hit by what the country described as a Russian drone on Friday.

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 · 1d
Putin says it's too early to say if the drone which strayed into Romania was Russian
 · 13h
Drone strike takes Putin’s shadow war with Europe to a dangerous new level
 · 1d
Putin demands Romania hand over drone that struck apartment block to Russia
It marks the first time in Russia's four-year war on Ukraine that a drone has hit a densely populated area in the NATO member and caused injuries.

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 · 1d
Russia blamed for drone crash in Romania
 · 1d
Nato and EU condemn Russia after drone hits Romanian residential block
2d

EU fines Temu $232 million for selling illegal products

The European Commission has slapped Temu with a €200 million ($232 million) fine for failing to prevent the sales of illegal products on its platform.
2don MSN

EU Says It Needs €120 Billion to Revive Local Chip Production

The European Union is making a fresh attempt to revive its faltering semiconductor industry via a rebooted Chips Act, an effort expected to require €120 billion ($140 billion) in public-private investment by 2035,
1h

Express Investigation: As Indians head to Europe in record numbers, EU monitors flag VFS Global ops

As record numbers of Indians apply for Schengen visas to Europe, inspection reports reveal ‘lapses’ at VFS Global centres
Consilium
11h

The Council's role in EU decision-making

The European Council, which brings together EU heads of state or government, does not legislate. It does, however, set the EU's overall political direction and priorities. This strategic guidance helps shape the European Commission's work programme and the areas in which it prepares proposals for new EU legislation.
1h

$23 Billion EU Crypto Tax Forecast Draws Pushback From Circle Policy Lead

Circle's EU policy lead says the bloc's $23B crypto tax revenue forecast overstates what enforcement can deliver.
2d

EU to discuss potential restrictions on Chinese imports amid fears of overreliance

Concerns among leaders in bloc that surge in imports could lead to decline similar to that of US rust belt towns
Pew Research Center
2d

In several European countries, EU gets more positive ratings today than during Brexit vote

EU favorability has risen across Europe since the 2016 Brexit vote, with a median of 62% now viewing the organization positively.
11don MSN

EU clears major hurdle to finalize U.S. trade pact — and sidestep Trump tariff hikes

European Commission President Ursula von der Leyen on Wednesday welcomed a provisional agreement on legislation to remove import duties on U.S. goods.
The Economist
26d

The EU wants to unshackle its economy. For real this time

This is not the first time the EU has wrung its hands about economic drowsiness. Previous efforts at reform often began and ended in what Scott Bessent, America’s treasury secretary, derided as “the dreaded European working group”.
20h

China threatens retaliatory measures if EU expands trade barriers

China has warned the European Union against imposing further trade restrictions following an internal EU discussion on relations with Beijing, saying it would respond firmly to any new measures it
2don MSN

China says EU using trade data selectively to justify import curbs, warns of response

By Colleen Howe and Julia Payne BEIJING/BRUSSELS, May 28 (Reuters) - China's foreign ministry on Thursday accused the European Union of using trade data selectively to justify claims of imbalances, after the bloc said it was looking to broaden import quotas and tariffs on Chinese goods to protect vulnerable industries.

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