Hungary is set for a major political shift after Péter Magyar and his Tisza party secured a sweeping victory, ending Viktor Orbán’s 16-year rule. Winning 52% of the vote and a two-thirds parliamentary majority, Magyar has moved quickly to accelerate the transition of power, with plans for parliament to convene in early May. His government […]
France’s corporate elite is increasingly engaging with Marine Le Pen and her National Rally as the party gains momentum ahead of the 2027 presidential election. A recent dinner in Paris with top executives, including Bernard Arnault, highlighted growing efforts by business leaders to better understand—and potentially influence—the party’s economic agenda. The meeting
Italy is set to lower its economic growth forecasts as rising energy prices continue to pressure its economy, Economy Minister Giancarlo Giorgetti said. The government is expected to trim this year’s GDP growth estimate to around 0.5%–0.6%, down from 0.7%, while next year’s outlook may also be reduced slightly. The slowdown is largely attributed to […]
Inflation increased to at least 2.5% across four German states in March, driven largely by rising energy prices linked to the ongoing U.S.-Israeli conflict with Iran. In North Rhine-Westphalia, Germany’s most populous state, annual inflation climbed to 2.7% from 1.8% in February. Similar increases were recorded in Bavaria, Baden-Wuerttemberg and Lower Saxony, signalling a
European retailers are warning of rising prices and weakening consumer demand as the ongoing Middle East conflict drives up energy and transportation costs. Companies across the sector say prolonged disruption could fuel inflation, with oil prices already climbing above $100 per barrel and increasing pressure on global supply chains. Major retailers including H&M and
The ongoing Iran conflict has begun to impact tourism in Cyprus and Greece, with rising cancellations and a slowdown in new bookings ahead of the crucial summer season. The situation escalated after military strikes in late February and subsequent counterattacks, including a drone strike near a British base in Cyprus, triggering concerns among travellers and […]
The Irish government has announced plans to reduce excise duty on petrol and diesel in an effort to ease pressure on motorists facing sharp fuel price increases linked to ongoing conflict in the Middle East. The temporary measures, expected to take effect from midnight Wednesday until the end of May, will lower diesel duty by […]
London Mayor Sadiq Khan has called on the Labour Party to commit to rejoining the European Union in its next general election manifesto. In an interview, he described Brexit as damaging economically, socially, and culturally, and said returning to the EU was “inevitable.” He also urged the government to first rejoin the customs union and […]
The Swiss government has urged voters to reject a proposal that would cap the country’s population at 10 million, warning the measure could harm the economy and strain relations with the European Union. The referendum, backed by the right-wing Swiss People’s Party (SVP), is scheduled for June 14 and comes as Switzerland seeks closer cooperation […]
Russia is increasingly recruiting workers from India to address a severe labour shortage worsened by the war in Ukraine. Officials estimate the country needs at least 2.3 million additional workers, particularly in manufacturing, construction and services. With fewer migrants arriving from Central Asia — traditionally Russia’s main source of foreign labour — Moscow has









