EU
The European Union is seeking to make it more difficult to circumvent its sanctions regime. The 14th package of its sanctions against Russia, in force since June 25, 2024, is designed to increase liability risks for companies that have avoided the previous rounds. By the end of the year, the measures will apply to […]
Providing personal freedom, security and prosperity for the people is the duty of any political leadership. Free people in a prosperous and secure environment are what make a country or a region great. This is exactly what Hungary means with its motto “Make Europe Great Again.” For the six months from July 1 onward, Hungary […]
The results of the European Parliament elections this month were rather inconsequential at the Union level. However, certain national situations appear more interesting. In a free democracy, elections serve the purpose of enabling people to decide on their representatives for a set period of time, according to candidates’ programs and intentions. The rule of law […]
2024 began with a significant and necessary movement in Germany. Farmers, backed by other self-employed workers and part of the transportation sector, initiated nationwide protests against the government. They blocked roads, brought hundreds of tractors to Berlin and engaged in various other forms of protest. Germany, being the largest European economy, plays a pivotal […]
The European Union’s Carbon Border Adjustment Mechanism tariff (CBAM) aims to integrate climate action with trade regulations, but the approach is not without potential repercussions. On October 1, 2023, the first transitional phase of CBAM came into effect. For now, it will only apply to certain goods: cement, iron and steel, aluminum, fertilizers, electricity and […]