Hungary and Slovakia have emerged as the most vocal opponents of two of the EU’s most consequential reform proposals: plans to phase out Russian energy imports and to overhaul the bloc’s long-term budget to prioritise defence, climate and digital transition.
EU mulls ban of new Russian energy contracts
The EU’s internal market is still falling short of its founding promise. Despite decades of integration, consumers across member states face uneven product quality and varied prices. This is due to regulatory fragmentation in two main forms: Territorial Supply Constraints and gold-plating. TSCs occur when suppliers block cross-border sourcing
Stock markets in Central and Eastern Europe (CEE) fell sharply after US President Donald Trump announced retaliatory tariffs on global imports on 2 April 2025, spooking the region's export-dependent economies and reviving fears of a wider economic slowdown.
CEE Stock Market Weekly Performance to 7 April 2025
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Romania will hold fresh presidential elections on 4 May, after its Constitutional Court annulled November's vote, citing Russian interference.
However, the decision to disqualify nationalist frontrunner Calin Georgescu has seemingly propelled far-right leader George Simion into a commanding position, fuelling concerns about the direction of Romanian democracy.
Generational
The European Commission (EC) unveiled its flagship “Competitiveness Compass” initiative on 29 January, the first major project of its 2024-29 term. The initiative is designed to serve as a strategic roadmap to foster innovation in sectors such as AI, semiconductors, quantum tech and biotechnology in Central and Eastern Europe (CEE)
Romania and Bulgaria are set to become full members of the Schengen Area on 1 January, a significant milestone in their integration into the borderless zone. This represents the destination of a journey that began in 2011 when the European Commission (EC) first adjudged both countries as ready to join,
European Commission (EC) President Ursula von der Leyen looks set to push through her new team of commissioners and executive vice-presidents this week, following a contentious process that has exposed political divides in the European Parliament (EP).
EC executive vice-presidents and commissioner-designates were selected after weeks of disputes between the
Polish Prime Minister Donald Tusk advised caution to European politicians calling for Hungary’s expulsion from the Schengen area, as it could in turn lead to its departure from the EU, on Friday, 9 August.
Schengen member Hungary’s unilateral easing last month of visa requirements for citizens of Russia
Despite only starting its EU rotating presidency on 1 July, Hungary has already made it one of the more memorable of these ordinarily uneventful 6-month tenures.
Hungarian Prime Minister Viktor Orban spent the first week of his presidency on a self-styled “peace mission”, when he visited Ukrainian President Volodymyr Zelenskyy,
Several CEE countries including Estonia, Latvia, Lithuania and Poland will only send officials to the meetings being arranged in Budapest to mark Hungary’s EU six-month stint at the rotating presidency this month.
Discussions are ongoing in several other countries.
Hungarian Prime Minister Viktor Orbán has received a lot of
Hungarian Prime Minister Viktor Orban was accused of mission creep by the international community after he opened his first week hosting the six-month EU rotating presidency with unannounced trips to Kyiv, Moscow and Beijing.
Orban’s final destination after a busy week was Washington DC, for the long-planned NATO summit
The EU formally opened accession negotiations with Moldova and Ukraine on 25 June. The agreement of the EU’s 27 members was secured the previous week, despite efforts from Hungary to block the move.
“These are truly historic moments. Ukraine is and will always be part of a united Europe,
Estonian Prime Minister Kaja Kallas was nominated on Friday, 28 June as the EU’s foreign policy chief (High Representative of the Union for Foreign Affairs and Security Policy), subject to agreement from the European Commission (EC) president.
Kallas will succeed Spain’s Josep Borrell and become the first politician
Hungary will take over the rotating presidency of the Council of the European Union on Monday, 1 July with the slogan “Make Europe Great Again,” a nod to the populist and nationalist politics of Donald Trump, who will run for US president again in November, during Hungary’s own tenure.
Hungarian Prime Minister Viktor Orban agreed to a EUR 50bn, 4-year package for Ukraine on Thursday, 1 February, after vowing to block the funds since December.
The package is designed to financially keep afloat Ukraine’s hospitals and schools, as well as civil servants’ wages and pensions.
Oban was reportedly