Economy

Ekonomika a financie

Germany and Italy Call for 'Kill Switch' for Stablecoins Economy

Germany and Italy Call for 'Kill Switch' for Stablecoins

Germany and Italy are pushing for an EU mechanism that would allow the European Banking Authority to shut down systemically important stablecoins in t...

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Fico Likens EU to a "Suicide Ship" and Calls for Dialogue with Russia Economy

Fico Likens EU to a "Suicide Ship" and Calls for Dialogue with Russia

Slovak Prime Minister Robert Fico, after a phone call with Viktor Orbán, described the EU as a "suicide ship" in terms of energy security and called f...

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April 12: Orbán and Magyar Face Decisive Battle Economy

April 12: Orbán and Magyar Face Decisive Battle

Hungary is gearing up for the April 12 parliamentary elections, which Politico has dubbed the EU's most important vote in 2026. Polls suggest Péter Ma...

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Iran War Enters Week 6 as Trump Sets Hormuz Ultimatum Economy

Iran War Enters Week 6 as Trump Sets Hormuz Ultimatum

The US-Israeli military campaign against Iran reaches its sixth week with over 2,076 casualties, as President Trump threatens to destroy Iran's infras...

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Spain Closes Airspace to U.S. Aircraft Over Iran Conflict Economy

Spain Closes Airspace to U.S. Aircraft Over Iran Conflict

The Spanish government has prohibited U.S. aircraft involved in the war against Iran from overflying its territory and using its military bases, a dec...

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Poland Cuts Fuel VAT to 8% Amid Record Diesel Prices Economy

Poland Cuts Fuel VAT to 8% Amid Record Diesel Prices

Prime Minister Tusk's government has announced a "Lower Fuel Prices" package, reducing VAT on fuel from 23% to 8% and cutting excise duty to the EU mi...

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Czech and Slovak Governments Resume Joint Talks Economy

Czech and Slovak Governments Resume Joint Talks

Czech and Slovak ministers met for a joint session at Nová Horka Chateau in the Moravian-Silesian Region after nearly two years. Prime Ministers Babiš...

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How U.S. Government Shutdowns Work—and Why Economy

How U.S. Government Shutdowns Work—and Why

A government shutdown occurs when Congress fails to fund federal agencies. Here is how the process works, who it affects, and why the United States is...

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Iran War Sends Spanish Inflation Soaring to 3.3% Economy

Iran War Sends Spanish Inflation Soaring to 3.3%

Spain's CPI reached 3.3% year-on-year in March 2026, the highest rate since 2024, driven by rising fuel costs stemming from the conflict in the Middle...

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What Is Birthright Citizenship and How Does It Work? Economy

What Is Birthright Citizenship and How Does It Work?

Birthright citizenship grants nationality at birth based on where a person is born or who their parents are. Here is how jus soli and jus sanguinis wo...

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Orbán Vetoes €90 Billion EU Aid Package for Ukraine Economy

Orbán Vetoes €90 Billion EU Aid Package for Ukraine

Hungary is blocking the EU's €90 billion aid package for Ukraine at the Brussels summit, while the Hungarian Parliament has rejected Ukraine's EU acce...

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Houthis Enter Iran War With First Missile Strike on Israel Economy

Houthis Enter Iran War With First Missile Strike on Israel

Yemen's Iran-backed Houthi rebels fired ballistic missiles at Israel on Saturday, marking their first direct attack since the US-Israeli war on Iran b...

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