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Latest News

Eurozone inflation accelerates to 3.0% in April, driven by energy surge

Eurozone inflation accelerates to 3.0% in April, driven by energy surge Eurozone inflation accelerates to 3.0% in April, driven by energy surge
  Inflation across the euro area is expected to rise to 3.0% in April 2026, marking a notable increase from 2.6% in March, according to...
Read More...

EU business investment slumps to decade low at end of 2025

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  Business investment across the European Union fell to its lowest level in more than ten years at the close of 2025, underlining a sustained...
Read More...

China urges Belgium to act as bridge in EU trade tensions

China urges Belgium to act as bridge in EU trade tensions China urges Belgium to act as bridge in EU trade tensions
  China has called on Belgium to take on a constructive role within the European Union to help ease ongoing economic and trade tensions,...
Read More...

EU and Armenia strengthen strategic ties at historic first summit in Yerevan

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  The European Union and Armenia are set to elevate their partnership during their first-ever summit, taking place on 4–5 May in Yerevan.This...
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Weekend work remains widespread across EU workforce in 2025

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  In 2025, more than one in five employed people across the European Union regularly worked weekends, highlighting the persistence of non-standard...
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EU Parliament calls for justice mechanisms and expanded sanctions over Russian attacks in Ukraine

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  The European Parliament has adopted a resolution strongly condemning Russia’s repeated and deliberate strikes on civilian infrastructure...
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EU lawmakers renew push for ban on goods from Israeli settlements

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A coalition of European lawmakers is stepping up pressure on Brussels to halt trade with Israeli settlements, reflecting widening divisions...
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EU poverty rate slightly declines in 2025, but nearly 93 million still at risk

EU poverty rate slightly declines in 2025, but nearly 93 million still at risk EU poverty rate slightly declines in 2025, but nearly 93 million still at risk
The number of people facing poverty or social exclusion across the European Union saw a modest decline in 2025, yet the scale of the issue...
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EU steps In to support workers after Belgian tech firm collapse

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  The European Commission has announced plans to mobilise €2 million from the European Globalisation Adjustment Fund for Displaced Workers...
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Nearly one in four asylum seekers in the EU are children, new 2025 data shows

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  In 2025, children made up a significant share of those seeking refuge in the European Union, highlighting the growing humanitarian dimension...
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Tensions flared at a European Union summit in Brussels as Viktor Orbán held firm in opposing a proposed €90 billion financial package for Ukraine, despite mounting pressure

from fellow leaders.

According to diplomatic sources, the Hungarian prime minister resisted calls to approve the loan following high-level discussions, drawing sharp criticism from across the bloc. Bart De Wever labeled the stance “unacceptable,” while Finland’s Petteri Orpo went further, calling it a “betrayal.”

Orbán has tied his support to energy concerns, insisting Hungary must first resume receiving Russian oil through the Druzhba pipeline, which runs through Ukrainian territory. Kyiv maintains the infrastructure was damaged by Russian actions, while Hungary and Slovakia argue Ukraine is delaying necessary repairs.

European Council President António Costa rejected Orbán’s conditions outright, stressing that financial aid and energy transit are separate matters. He described Hungary’s position as inconsistent with EU principles of cooperation and good faith, adding that efforts are ongoing to restore the pipeline in coordination with Ukraine.

Slovakia’s prime minister, Robert Fico, echoed some concerns, citing the economic toll of disrupted oil flows. Nevertheless, 25 out of 27 EU leaders ultimately backed the summit’s conclusions on Ukraine, isolating Hungary and Slovakia.

Zelensky presses for urgency

Addressing leaders via video, Ukrainian President Volodymyr Zelensky underscored the urgency of the financial package, calling it “the most important financial security guarantee” for his country.

Zelensky also highlighted ongoing military needs, particularly air defense systems, urging partners to secure additional Patriot missiles. He acknowledged divisions among EU members over allocating part of the loan for such purchases but stressed their necessity in countering Russian ballistic threats.

Meanwhile, the European Commission had hoped to release the first tranche of funding in early April. However, delays linked to Hungary’s opposition may push the timeline back, even as interim support from the International Monetary Fund is expected to stabilize Ukraine’s finances through mid-May.

Political undercurrents

Some EU officials believe Orbán’s stance may be influenced by Hungary’s upcoming parliamentary elections in April. Zelensky, for his part, used the moment to call for clearer progress on Ukraine’s path to EU membership, warning that external actors — including Russia — must not be allowed to obstruct accession.

While the EU continues to emphasize a merit-based enlargement process, Hungary has repeatedly blocked key steps, including the opening of formal negotiation clusters with Kyiv. Photo by European People's Party, Wikimedia commons.

deneme