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5th Dec 2022

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EU withdraws debt sanction threat against Italy

The European Commission on Wednesday said it would not press for sanctions over Italy's high debt following new commitments from Rome to lower spending. "On the basis of these commitments, the commission has concluded that a debt-based excessive deficit procedure for Italy is no longer warranted at this stage," said economic affairs commissioner Pierre Moscovici. Italy's debt is the second-highest in the eurozone.

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EU countries struggle to crack Hungary's vetos

Hungary will be in the spotlight on Tuesday as EU governments struggle over suspending EU funds to prime minister Viktor Orbán's government — despite rule of law concerns — and unlock key EU policies which Budapest has been blocking.

Podcast

Bad Karma

While the European Union openly criticises China for abusing its the mostly Muslim Uyghur population, the EU turns a blind eye to the way India treats its own Muslim minority — because it wants India as a strategic ally.

Opinion

Serbia now has no choice but to join EU sanctions on Russia

Vladimir Putin himself is somewhat suspicious of Serbia's leader, as are most who deal with the opaque Aleksandar Vucic. The Russian president has preferred to keep his Serbian counterpart compliant, via a tight rein of annually-reviewed gas pricing.

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