Europe
Hung parliament is likely after French elections
All polls point towards to a hung parliament after France’s legislative elections on June 30 and July 7
FranceHungary will likely crack down on NGOs
The launch of two inquiries by the Sovereignty Protection Office may herald things to come
HungaryWeak consumer confidence signposts softer growth ahead
Germany and the United States both reported weaker consumer confidence
InternationalThere is space to ease EU-China trade tensions
The EU will significantly increase tariffs on Chinese electric vehicle imports from the beginning of next month
ChinaBulgaria may see another snap election
Consultations on forming a new government in Sofia seem to have reached an impasse
BulgariaCentral bank cooperation will be key to AI readiness
The BIS has released a special annual report chapter on the impact of AI on the economy, finance and central banks
InternationalHungarian EU presidency will promote right-wing agenda
Hungary takes over the Council of the EU presidency with plans to remake the bloc in its own image
HungarySolar panel food output to rise alongside solar energy
The use of solar panels on land to produce both solar energy and food has many benefits
International