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Brussels chides Hungary for significant errors in its fiscal plans

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Brussels chides Hungary for significant errors in its fiscal plans

Budapest appears to be dragging its feet over submitting a realistic picture of Hungary’s economic outlook, according to a European Commission letter seen by Euronews – the latest potential quarrel in a pattern of worsening relations with Brussels.

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Hungary’s fiscal plans are missing significant information and based on unreliable data, European Commissioner Valdis Dombrovskis has said in a letter to Finance Minister Mihály Varga, dated Thursday (5 December) and seen by Euronews.

Budapest appears to be dragging its feet in submitting realistic economic forecasts to Brussels – part of a growing pattern of confrontation between the two.  

“At this stage, there are still important elements missing, or requiring further adjustment and specification, for the Commission to finalise its assessment” of Hungary’s medium-term fiscal plan, said Dombrovskis, who is European Commissioner for the Economy.

The Commission also highlights issues with data on economic growth, inflation and interest expenditure, saying that deviations from the Commission’s own methodology need to be “duly justified”.

The analysis is supposed to set out how Viktor Orbán’s government plans to return to fiscal balance over the coming few years, after strict EU spending rules were relaxed amid the covid pandemic and the ensuing energy crisis.

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But the EU executive’s full assessment “may take some time … given the breadth of the missing information” – possibly stretching the deadline from the current 12 December into the middle of January next year, the letter said.

Fines for breaches

The EU Treaty limits the debt its member states can incur – and in principle breaches can lead to fines, even if such tough measures are rarely if ever imposed.  

The bloc’s Stability and Growth Pact aims to avoid economic turmoil in the eurozone, as seen in Greece following the global financial crisis of 2007-8 – but the rules also apply, albeit less strictly, to those such as Hungary who don’t share the currency.

Under the EU’s ‘Maastricht criteria’ outstanding government debt should not exceed 60% of annual economic output, or GDP, and the budget deficit should be no more than 3%.

These budget strictures were largely suspended during the government splurges of the pandemic and the energy crisis surrounding Russia’s invasion of Ukraine, but they are back in force as of this year. 

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Hungary was apparently late submitting its fiscal plans, meaning it couldn’t be assessed in late November alongside most other EU member states. 

In light of domestic political issues, the Commission had given five other EU members extra time to submit their deficit proposals. Among them are Germany, which has called a snap poll for February, and Belgium, which is still attempting to form a governing coalition after June federal elections. 

Just one of the remaining 21 countries was given a fail grade for its fiscal plans in November. The Commission chastised the Netherlands, traditionally a fiscal hawk, for a deficit predicted to rise  from 0.2% this year to 2.4% in 2026, due in part to income tax cuts and a rise in public investment.

Toxic impact

Conforming with Brussels’ demands can have a toxic impact on domestic politics. The government of French prime minister Michel Barnier fell this week after lawmakers refused to support his seven-year plan to bring down France’s deficit, which at 6.2% is the highest in the eurozone. 

Hungary is also approaching the end of a complicated six months in which it has chaired discussions among member states in the EU Council.

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Budapest has repeatedly vetoed sanctions and other measures taken against Russia in response to the Ukraine invasion, and has refused to implement EU court judgements on asylum rights, leading Brussels to suspend lucrative EU funds.

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British Actors and Other Performers Back Industrial Action Over AI After Landslide Vote

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British Actors and Other Performers Back Industrial Action Over AI After Landslide Vote

Actors and other performers working in film and TV in the U.K. have voted by a landslide to refuse to be digitally scanned on set in order to secure artificial intelligence protections.

Member of performers union Equity working in film and TV voted in a ballot on AI protections, and decided by a massive majority that they are willing to take industrial action over AI. The ballot asked: “Are you prepared to refuse to be digitally scanned on set to secure adequate AI protections?,” and 99.6% of them responded “Yes.”

Equity commented: “Members are increasingly concerned about the use of their voice and likeness, including being digitally scanned on set. Equity is fighting for protections for performers based on the principles of explicit consent, transparency of terms, and fair remuneration for usage.”

The ballot turnout was 75.1%, with eligible voters made up of Equity’s membership working in film and TV – 7,732 actors, stunt performers and dancers.

The ballot was indicative, which means it is not binding and does not legally cover Equity members to take industrial action – for that, a statutory ballot is needed. However, the result shows the strength of feeling among performers about AI, and indicates they are prepared to refuse to be digitally scanned on set – a form of action short of a strike.

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Equity is currently negotiating the agreements it holds with Pact, the trade body representing the majority of film and TV production companies in the U.K., to set minimum standards for pay, terms and conditions for performers working in the sector.

Equity will now write to Pact with the results and demand they come back to the negotiating table with a better deal on AI. If Pact refuses to enshrine the AI protections the union is seeking in the agreements, Equity will hold a statutory ballot for industrial action.

Equity’s general secretary, Paul W. Fleming, said: “Artificial intelligence is a generation-defining challenge. And for the first time in a generation, Equity’s film and TV members have shown that they are willing to take industrial action.

“90% of TV and film is made on these agreements. Over three quarters of artists working on them are union members. This shows that the workforce is willing to significantly disrupt production unless they are respected, and decades of erosion in terms and conditions begins to be reversed.

“The U.S. streamers and Pact need to step away from the brink, and respect this show of strength. We need adequate AI protections which build on, not merely replicate, those agreed after the SAG-AFTRA strike in the U.S.A. over two years ago.

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“The union believes this can be resolved through negotiation, but 18 months of talks have led us to this stalemate. With fresh AI proposals, significant movement on royalties, and a package of modern terms and conditions, Pact and allied producers can turn this around. The ball is in their court when we return to the table in January.”

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Vatican confirms resignation of Cardinal Timothy Dolan, announces new archbishop of New York

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Vatican confirms resignation of Cardinal Timothy Dolan, announces new archbishop of New York

NEWYou can now listen to Fox News articles!

The Vatican on Thursday accepted the resignation of Cardinal Timothy Dolan and announced that Bishop Ronald Hicks of Joliet, Illinois, will become the next archbishop of New York.

This is a breaking news story; check back for updates.

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UK police arrest four people for pro-Palestine ‘Intifada’ calls

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UK police arrest four people for pro-Palestine ‘Intifada’ calls

Arrests made at protests supporting imprisoned Palestine Action hunger strikers, as Gaza death toll surpasses 70,000.

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Police in the United Kingdom have made their first arrests since announcing their intent to crack down on people making public calls to “globalise the Intifada” after Australia’s Bondi Beach attack, speciously linking largely peaceful protests against Israel’s genocidal war with a deadly targeting of a Jewish festival.

London’s Metropolitan Police posted on X late on Wednesday that it had made four arrests at pro-Palestinian protests held outside the Ministry of Justice in Westminster, “all involving the alleged shouting or chanting of slogans involving calls for intifada”.

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The arrests were made at a demonstration that had been called in support of eight imprisoned hunger strikers, whose lives are in peril. They were jailed over connections to the Palestine Action group, just hours after the Metropolitan (Met) and Greater Manchester Police (GMT) said they would be “more assertive” in policing pro-Palestine protests to counter alleged anti-Semitism.

UK Safeguarding Minister Jess Phillips backed the Met’s action. “I cannot think of any interpretation other than that [it] is inciting people to violence, which has the terrible consequences,” she was cited as saying by The Times of London.

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But Ben Jamal, from the Palestine Solidarity Campaign, pointed out in a statement that the Arabic word “intifada” means “shaking off or uprising against injustice”.

In the Palestinian context, the word is understood to mean civil uprising against military occupation and illegal settlement expansion, with key historical instances in 1987-93 and 2000-05, drawing brutal responses from Israel that left thousands of people dead.

Jamal criticised the lack of consultation over the new police stance, saying on X that “forces across the political establishment” were using the “grotesque racist violence on Bondi beach” to delegitimise any protest against “open genocide”.

The police crackdown follows father-and-son gunmen killing 15 people Sunday at a Hanukkah festival on the Sydney beach and an October attack on a Manchester synagogue on Yom Kippur, the holiest day of the Jewish calendar.

“Violent acts have taken place, the context has changed – words have meaning and consequence. We will act decisively and make arrests,” said the commanders of the Met and GMP in a joint statement.

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Jewish groups welcomed the announcement, with the UK’s Chief Rabbi Ephraim Mirvis calling it “an important step towards challenging the hateful rhetoric we have seen on our streets, which has inspired acts of violence and terror”.

Groups like the Community Security Trust (CST), which works to provide security to protect British Jews, say anti-Semitic incidents have risen in the UK.

In the meantime, Islamophobia and attacks against Muslims in the UK, prompted by racist rhetoric in mainstream politics on the right of the political spectrum, most prevalently but not only by Nigel Farage’s Reform party and its supporters, have soared in recent years.

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