Commissioner Várhelyi specifically mentioned the western Balkans as a target of EU enlargement.

The first target of the Hungarian parliament’s adopted budget is to sustain the regulated utilities price scheme, the second is to strengthen its military defense.

According to multiple sources, the Uniper bailout will not prevent a rise in energy prices, specifically on natural gas.

While some media sources claim that Russian exports to Asian markets have fallen, others point in the opposite direction.

For the EU as a whole, total government debt declined from the fourth quarter of last year to the first quarter of 2022. Three countries with large deficits saw significant improvements, and twelve experienced a reduction in their deficits.

When the ECB raises interest rates, all other things equal it increases demand for euros on the global foreign-exchange market.

The Swedish government is aiming to put a blanket ban in place where there will be no new schools of any faith. This restriction is reminiscent of the educational oppression that Christians face in Cuba, Libya, North Korea, and Saudi Arabia.

Let us call a spade a spade: ending the tax treaty with Hungary is an act of punishment by Washington. If a country refuses to play by their rules, the U.S. administration will exclude, sanction, banish, and publicly flog the incalcitrant nation.

There are concerns that the Ukrainian situation will become like that of former Yugoslavia, with weapons being trafficked to be distributed in the EU.

In the first quarter of this year, the euro area ran a combined trade and financial deficit vs. Russia of €-26 billion. Only the deficit vs. China was bigger, at €-38.8 billion.

Hungary is the last holdout among the 27 members of the European Union, thus blocking Brussels from implementing the tax-cartel minimum rate.

There are three reasons why stagflation is happening. The most compelling evidence is in some unique data that economists often ignore.