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Europe Today
Risk of ‘serious’ economic shock if Iran war drags on, EBRD chief says
Odile Renaud-Basso says the current scenario will dampen growth and push up inflation in the countries where her institution operates, but that the economic repercussions of a drawn-out war will be “much more serious.”
Europe News
Serbia's Vučić clashes with Péter Magyar over Putin 'godfather' remark
Aleksandar Vučić snapped at Magyar, calling his comments about Putin playing Godfather to autocrats "foolish" and "stupid". The Hungarian Prime Minister-elect claimed the Russian leader pulls the strings in Serbia too.
EU.XL
Mass drone warfare is Europe’s rising security threat
France has just announced an €8.5 billion investment to increase drone and missile stocks by 400 per cent before 2030. The move joins Germany’s decision to invest €10 billion in military drones and Poland’s recent “drone revolution” initiative.
Europe News
Magyar presses for swift power transfer and vows to unlock EU funds
Hungarian PM-elect Péter Magyar on Monday urged parliament to convene quickly to form a new government, aiming for a 5 May handover, and outlined priorities including EU funds, the eurozone, Ukraine, Russia, and migration. Here are some key takeaways from his press conference.
Europe News
Magyar keeps door open to Russian energy despite EU phase-out plans
At his first press conference after being elected Prime Minister of Hungary, Péter Magyar said on Monday that the country will continue seeking the cheapest energy sources, including from Russia. His statement appear to clash with earlier pledges to phase out Russian energy imports by 2035.
Hungary
Magyar upholds Ukraine's integrity in first speech after election win
Outgoing PM Viktor Orbán had largely centred his electoral campaign on Ukraine and Volodymyr Zelenskyy, blaming Kyiv for the Druzhba pipeline blockade to accusations of meddling in Hungarian elections. Will things change with Magyar in power?
Tech News
How disinformation affected Hungary's tightly fought election
Disinformation analysts identified new tactics ahead of last weekend's polls, including fabricated news stories tailored to propaganda narratives, private Facebook groups used to spread party messaging and signs of Russian interference.
Europe News
Péter Magyar accuses Szijjártó of shredding confidential documents
Hungarian Prime Minister-elect Peter Magyar has accused outgoing Foreign Minister Péter Szijjártó of shredding confidential sanctions-related documents at the Ministry of Foreign Affairs, citing insider sources during a press conference in Budapest on Monday. The ministry has not yet responded.