The buzzword in Brussels is simplification. In reality it’s a euphemism for sweeping deregulation and it marks a dramatic U-turn for the European Union. For decades, the EU prided itself on being a regulatory superpower, capable of extending its influence through protective and demanding regulation. That's now changing. A year ago Mario Draghi, the former president of the European Central Bank, dusted off the timeworn idea of cutting red tape. Draghi's message was eagerly embraced by many EU ...
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The buzzword in Brussels is simplification. In reality it’s a euphemism for sweeping deregulation and it marks a dramatic U-turn for the European Union. For decades, the EU prided itself on being a regulatory superpower, capable of extending its influence through protective and demanding regulation. That's now changing. A year ago Mario Draghi, the former president of the European Central Bank, dusted off the timeworn idea of cutting red tape. Draghi's message was eagerly embraced by many EU ...
Ep.120: Hungary’s Deepening Dependency on Russian Oil
EU Scream
29 minutes
1 month ago
Ep.120: Hungary’s Deepening Dependency on Russian Oil
Three years ago, as part of efforts to weaken Putin's war chest, the EU banned imports of Russian crude oil. But those countries with a high dependency on Russia were allowed to continue importing, the idea being they needed more time to adapt. Poland, Germany and the Czech Republic have since stopped. But not Slovakia, and not Hungary. Both still take deliveries of Russian crude through the Soviet-era Druzhba or "Brotherhood" pipeline. In this episode, Attila Steiner, the Hungarian State Sec...
EU Scream
The buzzword in Brussels is simplification. In reality it’s a euphemism for sweeping deregulation and it marks a dramatic U-turn for the European Union. For decades, the EU prided itself on being a regulatory superpower, capable of extending its influence through protective and demanding regulation. That's now changing. A year ago Mario Draghi, the former president of the European Central Bank, dusted off the timeworn idea of cutting red tape. Draghi's message was eagerly embraced by many EU ...