Italy is ready to use its vetting "golden" powers over strategic assets to ensure the Milan stock exchange, Borsa Italiana, is not sold to an unacceptable bidder, Economy Minister Roberto Gualtieri said on Wednesday.
Hungarian PM Victor oRban said on Friday that if funding under the EU's coronavirus recovery plan were linked to rule-of-law conditions, Budapest could veto any deal as a last resort, news wires reported. The EU's 27 national leaders are to meet next week in Brussels for the first time in person since the COVID-19 crisis to hash out details of the next multiannual EU budget and post-pandemic recovery.
With an overwhelming majority, the National Assembly voted on Wednesday to reject President Rumen Radev's veto on amendments to the Electoral Code. In the absence of the opposition Bulgarian Socialist Party (BSP) from the session, the MPs approved the bill once again with 154 votes in favour and no votes against or abstentions.
Finance ministers from smaller European Union states on Tuesday opposed a plan to limit governments’ power to block EU reforms on tax matters, in a move that further reduces the chances of introducing an EU levy on large digital firms. EU countries with smaller populations have for years blocked efforts to narrow loopholes that allow tax evasion and in some cases even money laundering in the bloc. Many of them defend their right to decide their own tax laws and attract foreign business by offering sweeteners.