Latest News

Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise

Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise
  Belgian Prime Minister Bart De Wever has urged European Union leaders to adopt a coordinated strategy to respond to what he described...
Read More...

EU raises €8 billion in sixth 2026 bond syndication as demand surges

EU raises €8 billion in sixth 2026 bond syndication as demand surges EU raises €8 billion in sixth 2026 bond syndication as demand surges
  The European Commission has successfully raised €8 billion in its sixth syndicated EU-Bond transaction of 2026, marking another strong...
Read More...

EU wind turbine production rebounds, reaching €10.4 billion in 2024

EU wind turbine production rebounds, reaching €10.4 billion in 2024 EU wind turbine production rebounds, reaching €10.4 billion in 2024
  The European Union recorded a strong recovery in wind turbine production in 2024, with the value of sold wind-powered generating sets...
Read More...

Pashinyan secures election win, reinforcing Armenia’s shift toward Europe

Pashinyan secures election win, reinforcing Armenia’s shift toward Europe Pashinyan secures election win, reinforcing Armenia’s shift toward Europe
  Armenian Prime Minister Nikol Pashinyan has claimed victory in the country’s parliamentary elections, strengthening his mandate to...
Read More...

Belgium launches €3.7 billion defence innovation drive under new ODIN programme

Belgium launches €3.7 billion defence innovation drive under new ODIN programme Belgium launches €3.7 billion defence innovation drive under new ODIN programme
  Belgium will invest €3.7 billion in defence innovation over the next decade through a new programme aimed at accelerating military...
Read More...

EU shark fin exports decline sharply in 2025 following volatile market peak

EU shark fin exports decline sharply in 2025 following volatile market peak EU shark fin exports decline sharply in 2025 following volatile market peak
   Exports of shark fins from the European Union to countries outside the bloc fell significantly in 2025, signaling a cooling market...
Read More...

EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment

EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment
  The European Union and Kenya are strengthening their strategic partnership to accelerate cooperation in trade, digital transformation...
Read More...

EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push

EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push
  The European Commission has given the green light to a €23 billion Italian state aid programme aimed at accelerating electricity generation...
Read More...

Must Read

Most Popular Stories

VIDEO AND audio news:

Features, views, analysis

business

Latest News

Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise

Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise Belgium’s De Wever calls for unified EU strategy to counter China’s economic rise
  Belgian Prime Minister Bart De Wever has urged European Union leaders to adopt a coordinated strategy to respond to what he described...
Read More...

EU raises €8 billion in sixth 2026 bond syndication as demand surges

EU raises €8 billion in sixth 2026 bond syndication as demand surges EU raises €8 billion in sixth 2026 bond syndication as demand surges
  The European Commission has successfully raised €8 billion in its sixth syndicated EU-Bond transaction of 2026, marking another strong...
Read More...

EU wind turbine production rebounds, reaching €10.4 billion in 2024

EU wind turbine production rebounds, reaching €10.4 billion in 2024 EU wind turbine production rebounds, reaching €10.4 billion in 2024
  The European Union recorded a strong recovery in wind turbine production in 2024, with the value of sold wind-powered generating sets...
Read More...

Pashinyan secures election win, reinforcing Armenia’s shift toward Europe

Pashinyan secures election win, reinforcing Armenia’s shift toward Europe Pashinyan secures election win, reinforcing Armenia’s shift toward Europe
  Armenian Prime Minister Nikol Pashinyan has claimed victory in the country’s parliamentary elections, strengthening his mandate to...
Read More...

Belgium launches €3.7 billion defence innovation drive under new ODIN programme

Belgium launches €3.7 billion defence innovation drive under new ODIN programme Belgium launches €3.7 billion defence innovation drive under new ODIN programme
  Belgium will invest €3.7 billion in defence innovation over the next decade through a new programme aimed at accelerating military...
Read More...

EU shark fin exports decline sharply in 2025 following volatile market peak

EU shark fin exports decline sharply in 2025 following volatile market peak EU shark fin exports decline sharply in 2025 following volatile market peak
   Exports of shark fins from the European Union to countries outside the bloc fell significantly in 2025, signaling a cooling market...
Read More...

EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment

EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment EU–Kenya strategic partnership deepens to boost trade, digital growth and sustainable investment
  The European Union and Kenya are strengthening their strategic partnership to accelerate cooperation in trade, digital transformation...
Read More...

EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push

EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push EU approves €23 billion Italian renewable energy subsidy scheme under clean industry push
  The European Commission has given the green light to a €23 billion Italian state aid programme aimed at accelerating electricity generation...
Read More...

Must Read

Most Popular Stories

 

Germany has expressed doubts about Hungary's ability to effectively lead the EU's policy-making process during its upcoming presidency, raising questions about whether

Budapest's turn in the rotating presidency should be delayed. Hungary is scheduled to hold the position in the second half of 2024, which involves coordinating policy work at the Council of the EU. Concerns have been raised due to allegations of democratic backsliding and an ongoing rule-of-law dispute between Prime Minister Viktor Orbán's government and Brussels.

Germany's Europe Minister, Anna Lührmann, stated her reservations during a meeting in Brussels, where government ministers had gathered. Lührmann cited Hungary's alleged rule-of-law violations and its wavering stance on supporting Ukraine in its conflict with Russia. These remarks add weight to the growing discussion surrounding potential measures to block or restrain Hungary's presidency. A resolution is currently being debated in the European Parliament, urging lawmakers to take "appropriate measures," although the specific actions remain unclear.

The center-right European People's Party (EPP), formerly home to Orbán's Fidesz party, is pushing for action, emphasizing the need for strong collaboration among member states, especially regarding issues such as sanctions against Russia and support for Ukraine. The Council presidency rotates among EU member countries every six months, granting the presiding nation the power to set agendas, chair meetings, and coordinate EU policy work.

Hungary's compliance with EU law concerning the rule of law is in question, as it currently faces restrictions on accessing EU funds due to ongoing disputes with Brussels. The European Parliament has also initiated Article 7 censure proceedings against Hungary, a process that could result in the loss of voting rights for the country, but progress has stalled. Hungarian Justice Minister Judit Varga dismissed the attempts to delay Hungary's presidency as baseless, referring to the unanimous resolution of the Council that determines the order of presidencies.

Germany's criticism is the latest episode in a series of conflicts between Berlin and Budapest. During a recent foreign ministers' meeting, the two countries clashed over the involvement of a controversial Hungarian bank in Russia's war in Ukraine. While some countries expressed neutrality on the issue, the concrete measures that could be taken against Hungary's presidency remain unclear. Dutch legal experts have proposed options, including an outright ban, to prevent or mitigate conflicts of interest during Hungary's term, as well as for the subsequent presidency of Poland.

deneme