European Union

194 articles with this tag

How Sovereign Asset Freezes Work—and Why They Matter Economy

How Sovereign Asset Freezes Work—and Why They Matter

Sovereign asset freezes allow governments to block a foreign nation's central bank reserves and state wealth held abroad, creating powerful economic l...

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How Snap Elections Work—and Why Some Countries Can't Stop Economy

How Snap Elections Work—and Why Some Countries Can't Stop

Snap elections occur when parliaments dissolve early, triggered by no-confidence votes, coalition collapses, or political deadlock. From Bulgaria's ei...

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How Hungary's Electoral System Works—and Why It Matters Economy

How Hungary's Electoral System Works—and Why It Matters

Hungary uses a unique mixed-member majoritarian system that combines single-member districts with proportional party lists. Its unusual 'winner compen...

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How Digital Trade Tariffs Work—and Why They Matter Economy

How Digital Trade Tariffs Work—and Why They Matter

For nearly three decades, countries agreed not to tax digital goods crossing borders. With the WTO e-commerce moratorium now expired, the door is open...

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What Is Illiberal Democracy—and How Does It Work? Economy

What Is Illiberal Democracy—and How Does It Work?

Illiberal democracy describes a system where free elections coexist with eroded civil liberties, weakened courts, and controlled media. Here is how it...

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Slovakia Could End Oil Emergency on Wednesday Economy

Slovakia Could End Oil Emergency on Wednesday

Prime Minister Fico announced that the state of emergency in the oil sector could be lifted on April 8 if Slovnaft returns the borrowed oil to the sta...

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Poland Boasts Cheapest Fuel in the EU: Success or PR Stunt? Economy

Poland Boasts Cheapest Fuel in the EU: Success or PR Stunt?

Prime Minister Tusk announced that Poland has the lowest fuel prices in the European Union thanks to the CPN package — a reduction in VAT and excise d...

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Champions League QFs: Barça-Atlético, PSG-Liverpool Sport

Champions League QFs: Barça-Atlético, PSG-Liverpool

The UEFA Champions League quarter-finals kick off on Wednesday with a Spanish derby between Barcelona and Atlético Madrid, while defending champions P...

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JD Vance in Budapest: American Campaign Support for Orbán Culture

JD Vance in Budapest: American Campaign Support for Orbán

U.S. Vice President JD Vance arrived in Budapest for a two-day visit five days before the April 12 parliamentary elections, openly supporting Viktor O...

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Handling Strikes at El Prat Airport: Baggage Chaos and Delays Economy

Handling Strikes at El Prat Airport: Baggage Chaos and Delays

Indefinite strikes by Groundforce at Barcelona-El Prat Airport are causing thousands of unhandled bags, delays of up to 70 minutes, and long queues, r...

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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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