Hungary Warns EU Seizure of Russian Assets Could Undermine Trust in the Euro

Hungary Warns EU Seizure of Russian Assets Could Undermine Trust in the Euro

Hungarian Prime Minister Viktor Orbán has warned that plans by the European Union to seize frozen Russian assets could erode global confidence in the euro and discourage countries from holding their reserves in the European currency. Orbán’s comments come amid growing pressure within the EU, led by European Commission President Ursula von der Leyen, to […]

French PM's Surprise Confidence Vote Sparks Fears of Economic Turmoil

French PM’s Surprise Confidence Vote Sparks Fears of Economic Turmoil

French Prime Minister François Bayrou’s unexpected decision to call a confidence vote for September 8 has triggered renewed fears of political instability and economic downturn, according to leading business figures and economic observers. The vote, aimed at consolidating support for Bayrou’s minority government, could instead topple it. Opposition parties from both the left and right […]