EU reverses green car policy – media

The European Commission is set to water down the bloc’s plan to end sales of new petrol and diesel vehicles from 2035 The European Commission is set to scale back a controve…

EU needs Russian cash to avoid collapse – Orban

The over €100 billion already spent could hit taxpayers and spark a political backlash across the bloc, the Hungarian PM has said The EU nations’ leaders, who have spent mo…

EU state offers to cover costs incurred by Hungary for cutting energy ties with Russia

Estonia could help Budapest pay penalties for terminating contracts with Moscow, President Alar Karis has suggested Estonia could help Hungary pay contractual penalties if B…

Top 0.001% holds three times more wealth than poorest half of humanity – report

A tiny elite controls vast economic power while billions are struggling to survive, according to the World Inequality Report Global inequality remains at “extreme” levels, …

EU rushing to bypass Orban on Russian assets plan – FT

Brussels reportedly wants to pass legislation to block Hungary’s veto in order to immobilize Moscow’s funds indefinitely The EU is planning to fast-track legislation which w…

Meta to change policy on ads after EU fine – Brussels

The US tech giant has been forced to allow users to opt out of personalized advertising to comply with the bloc’s digital regulations Meta has been forced to change its adve…

Major Italian bank winding down Russian operations – Kommersant

UniCredit Group has reportedly sold the assets of its leasing company in the country as part of its exit strategy Italy’s UniCredit Group, one of the last major Western bank…

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