1st Jun 2023


Hungary asked to apologise after council leak

Finland' EU affairs ministers Tytti Tuppurainen on Tuesday asked Hungary to give a written explanation and apologise, after government spokesman Zoltan Kovacs tweeted from a closed-door meeting on Budapest's adherence to EU rules. Tuppurainen noted that it is against the council of member states' rules to share information from closed-door meetings, according to an EU official. Member states were discussing the Article 7 procedure against Hungary for breaking EU rules.

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ECB: eurozone home prices could see 'disorderly' fall

The European Central Bank in its Financial Stability Review warned EU home prices could see a 'disorderly' fall as high mortgage rates are making houses unaffordable for households and unattractive for investors.

Adapting to Southern Europe's 'new normal' — from droughts to floods

Extreme weather events in recent months have worsened agricultural production in southern Europe, prompting concerns for authorities in Portugal, Spain, France and Italy. As countries will likely face dryer conditions, experts urge adaptation measures for the 'new normal'.

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