The president of the EU Commission hopes for an intervention in response to the Inflation reduction act of the United States, starting with the simplification of state aid

Biden Europe European commission Inflation Ursula von der leyen Usa

Hungary is the first country to face proceedings under the new power. The European Commission will soon trigger a powerful new mechanism to cut funding to Hungary for eroding the bloc’s rule-of-law standards, Commission President Ursula von der Leyen said Tuesday.

Hungary Ursula von der leyen Viktor orban