EU
Gazprom will not recover from loss of European markets
A report commissioned by Gazprom predicts that it is unlikely to recover lost export sales for at least a decade
RussiaHungarian opposition will make gains in EU elections
Prime Minister Viktor Orban’s ruling party faces an unexpected challenger in local and European elections
HungaryEU gas prices will remain volatile
European gas prices have risen to their highest levels this year following an outage in Norway
EUEurope’s manufacturing sector is starting to pick up
The euro-area manufacturing PMI rose to a 14-month high of 47.3 and the UK equivalent was above 50
EUBulgaria’s crisis will deepen after elections
Polls indicate that Bulgaria is headed for another uncertain election outcome
BulgariaLimited ECB rate cut scope in the second half of 2024
Euro-area inflation rose to 2.6% in May, the first acceleration this year and driven by higher services inflation
EUChinese consortium will build new port in Georgia
A Chinese consortium will build a vast deep-sea port in Anaklia on the Black Sea
GeorgiaAustria’s far right remains on course for election win
The far-right Freedom Party holds a strong lead in the polls ahead of EU and national elections
Austria
