European Union

A collection of 239 posts

Hungary makes energy crisis plans

Hungary makes energy crisis plans

2 min read Hungary, European Union, MOL

The Hungarian government unveiled a number of energy-related measures at the weekend, in response to soaring prices and an impending autumn fuel crisis in Europe. In a decree announced Saturday, Hungary hiked from 25% to 40% its windfall tax on oil companies’ “surplus profits”. The cabinet is increasing its levy

Albania, North Macedonia open talks to join EU

Albania, North Macedonia open talks to join EU

North Macedonia and Albania nominally began their EU accession negotiations in Brussels on Tuesday, with detailed discussions slated to begin in the autumn.  European Commission President Ursula von der Leyen said “right after the Intergovernmental Conference today, the Commission and the negotiation teams from Albania and North Macedonia will start

Hungary leads EU for solar electricity generation

Hungary leads EU for solar electricity generation

1 min read Hungary, European Union

Hungary had the highest proportion of solar technology in its electricity production in the EU last year, according to the Hungarian energy and public utility authority MEKH. Solar accounted for 11.1% of electricity generation in Hungary last year, MEKH announced on Monday, local business website Portfolio reported. Athough Hungary’

Macron asks China to lift trade embargo on Lithuania

Macron asks China to lift trade embargo on Lithuania

French President Emmanuel Macron told Chinese President Xi that France expects China to reverse the sanctions it has imposed on Lithuania during a telephone call on Tuesday. China has removed Lithuania from its customs system over its recognition of the independence of Taiwan, which the superpower considers illegitimate. Lithuania’s

Von der Leyen makes surprise visit to Budapest

Von der Leyen makes surprise visit to Budapest

European Commission President Ursula von der Leyen paid an unexpected visit to Budapest on Monday evening to discuss the EU’s proposed package of sanctions against Russia with Hungarian Prime Minister Viktor Orban.  After the meeting, von der Leyen tweeted: “This evening’s discussion with PM Viktor Orban was helpful

CEE countries react to EU plan to completely phase out Russian oil

CEE countries react to EU plan to completely phase out Russian oil

There were mixed messages from Central and Eastern Europe (CEE) on Wednesday, when the European Commission (EC) announced plans for a Russian oil embargo. In CEE, two of the countries that would be most affected by the import ban had markedly different reactions to the announcement. While Slovakia merely requested