Hungary Supports Granting Georgia, Bosnia-Herzegovina EU Candidancy

Besides Ukraine and Moldova, Georgia and Bosnia-Herzegovina should also be granted European Union candidate status, Judit Varga, the justice minister, said in Brussels ahead of a summit of EU leaders. Bosnia-Herzegovina must not be “left out” of the group of Western Balkan countries aiming to join the EU, she said.

ECB publishes consolidated banking data for end-December 2021

Total assets of EU-headquartered credit institutions increased from €29.44 trillion in December 2020 to €30.44 trillion in December 2021, an increase of 3.42%. EU non-performing loans ratio[1] declined by 0.2 percentage points year on year to 2.08% in December 2021. EU average return on equity[2] was 6.81% and Common Equity Tier 1 ratio[3] was 15.73% in December 2021. Euro area banks and […]

Euro area monthly balance of payments: April 2022

Current account deficit increased to €6 billion in April 2022, up from €2 billion in previous month Current account surplus amounted to €182 billion (1.5% of euro area GDP) in 12 months to April 2022, down from €316 billion (2.7%) one year earlier In financial account, euro area residents’ net acquisitions of non-euro area portfolio investment securities totalled […]

Novák discusses the role of families with Latvian president

Katalin Novák, the Hungarian president, discussed the role of families and traditional family ties with Egils Levits, her Latvian counterpart, on Monday in Riga where she is attending the Three Seas summit. Hungary and Latvia both support the European integration of Ukraine, Moldova and the Western Balkans, Novák said on Twitter. After the talks, Novák […]

Orbán calls for EU candidate status for Ukraine, Moldova, Georgia, Bosnia and Herzegovina

Prime Minister Viktor Orbán attended a video conference in preparation for a two-day European Union summit on Thursday and Friday, and has called for member state candidate status to be granted to several European states. At the meeting with European Council President Charles Michel and the prime ministers of Belgium, Bulgaria, Estonia, Luxembourg and Malta, […]