EU finds loophole to bypass Hungary veto

EU finds loophole to bypass Hungary veto

The EU has found a legal way around Hungary's veto on using frozen Russian assets to purchase weapons for Ukraine. According to the Financial Times, Hungary's abstention from an earlier EU agreement this year has created a loophole, allowing Brussels to allocate these funds for military purposes. Pablo Gutierrez, reports.

June 24, 2024 37

Environment

UK’s opposition Labour Party scraps environmental pledge

The UK's opposition Labour Party is scrapping a flagship environmental pledge after months of uncertainty. It's stepping back from a promise to spend £28bn a year on green investment. Here’s Deputy political editor at the Financial Times Jim Pickard.

February 8, 2024 40