EU leaders postponed a seven-year budget deal amid disputes over spending cuts, strategic investment and proposed bloc-wide levies.
Katherina Reiche warned that Left Party gains in Berlin could weaken Germany’s investment appeal and raise concerns over property rights.
Serbia announces early parliamentary elections in October 2023 amid ongoing protests and demands for anti-corruption reforms, signaling potential shifts in the country’s political and economic trajectory.
The EU has agreed to extend sanctions on Russia to one year, reflecting a strategic shift enabled by political changes in Hungary and signaling intensified economic pressure on Moscow.
Hungary’s new government initiates talks with the European Commission to unlock €35 billion in frozen EU funds, contingent on reforms and realignment with EU values.
Uzbek and Afghan businesses have secured $300 million in trade agreements, signaling a strategic push toward regional economic integration and diversification.