1st Jun 2023


Report: Hungarian bank lent €10.6m to Le Pen

A €10.6m loan to French far-right and pro-Russian presidential candidate Marine Le Pen to help fight the April election was provided by a Hungarian bank, according to French broadcaster RTL. But the name of the bank remains under a non-disclosure agreement, it said. Le Pen recently met Hungary's far-right and pro-Russian prime minister Viktor Orbán in Madrid. Russia also lent her millions of euros for French elections in 2017.

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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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