Hungary’s election ended Viktor Orban’s 16-year rule as Peter Magyar’s Tisza party won a two-thirds parliamentary majority and record turnout surged.
Business
EU ETS emissions declined 1.3% in 2025, with industry emissions down and solar power growth helping keep the bloc on its long-term path.
Euronext wheat settled at 195.25 euros a tonne after hitting its weakest intraday level since February, with ample supplies steering the market lower.
Eight OPEC+ countries agreed a 206,000 bpd output increase for May, marking a second straight monthly rise under the group’s voluntary cut unwind.
Official data showed Italy narrowed its 2025 deficit to 3.1% of GDP, but the country remained above the EU threshold and debt rose to 137.1%.
Austria inflation accelerated to 3.1% in March, with energy prices turning positive and services still driving consumer price growth, flash data showed.
Eurozone consumer prices accelerated to 2.5% in March, driven by higher energy costs, while core and services inflation eased across the currency bloc.
The European Commission said EU and euro area sentiment fell in March, with households more cautious and business price expectations rising.
Global studies show clerical work faces the highest AI exposure, while wages and hiring improve where workers pair AI tools with domain expertise.
Brussels released €2.7 billion for 54 projects in energy, transport and heavy industry, giving the EU Innovation Fund a new implementation milestone.
Britain is feeling the economic fallout as Trump’s Iran conflict decisions lift oil, gas and borrowing costs for households across the country.
UK graduates carrying student loans are saving £163.70 less each month for a first-home deposit, according to Barclays research released Monday.
ECB streamlines supervision, cutting extra reporting 20% and standardising approvals, inspections and capital decisions to focus on material risks in euro area.
The revived EU-US trade file would lower EU duties on U.S. industrial goods and expand market access for selected American farm and seafood products.
The UK economy was unchanged in January as food and beverage services fell, adding to evidence of weak demand across consumer-facing sectors.
Easing food costs and higher airfares kept Dutch CPI inflation at 2.4% in February 2026, prices up 1.0% on month, while the EU HICP measure rose to 2.3%.
Statistics Austria estimated consumer prices rose 0.8% in February as annual inflation edged up to 2.2%, while the EU harmonised rate hit 2.3%.
News
Hungary’s election ended Viktor Orban’s 16-year rule as Peter Magyar’s Tisza party won a two-thirds parliamentary majority and record turnout surged.
Moscow launched the T2 tram route, extending 33 kilometers from Chertanovskaya to Novogireevo and expanding direct rail links across the city.
Brussels said no tolls should apply in the Strait of Hormuz, where restricted traffic has kept pressure on global energy and maritime trade flows.
Met Office forecasts show the warmest UK weather of the year peaking at up to 26C on Wednesday before cooler, more unsettled conditions take hold.
Health
Travel
Flight cancellations mounted nationwide as a late winter storm brought blizzard conditions, heavy snow, strong winds and severe thunderstorms.
EU visa strategy highlights possible change to Schengen Visa Code cap enabling longer multiple-entry visas for proven travelers and a shift to digital processing.
Britain says China will waive visas for UK passport holders visiting mainland China for up to 30 days, covering tourism and business travel, after talks in Beijing.
Europe’s new Entry/Exit System reaches full operation on April 10, completing a six-month rollout and digitizing short-stay border checks for visitors.
Technology
Sports
Automotive
BMW unveiled the new electric i3 sedan with dual motors, 800-volt architecture, 400 kW fast charging and first customer deliveries set for autumn 2026.
For 2027, Mercedes-Benz lists S 500 at 442 hp, S 580 at 530 hp, and plug-in hybrid S 580e at 576 hp, with 4MATIC all-wheel drive across the lineup.
The EU is easing its 2035 combustion engine ban, revising emissions targets to protect automakers while maintaining long-term climate neutrality goals.
Porsche launches the all-electric Cayenne, delivering 850 kW power, 2.5s acceleration, and up to 642 km range in a new era of performance SUVs.
