Thursday

1st Jun 2023

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MEPs seek probe into Hungary's Serb-friendly EU commissioner

The EU Parliament has urged the EU Commission to carry out "an independent and impartial investigation" into whether Olivér Várhelyi, Hungary's EU commissioner in charge of enlargement policy, deliberately tried "to circumvent and undermine the centrality of democratic and rule of law reforms in EU accession countries". The move comes after Várhelyi faced criticism over allegedly watering down EU criticism of Serbia and for cozying up to Bosnian-Serb separatists.

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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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