Europe in brief: Eurozone inflation rate eases to 10 percent, EU aims for visa-free travel for Kosovo from 2024 onwards, European Commission recommends Bosnia and Herzegovina be granted EU candidate status

Europe in brief: Eurozone inflation rate eases to 10 percent, EU aims for visa-free travel for Kosovo from 2024 onwards, European Commission recommends Bosnia and Herzegovina be granted EU candidate status

According to Eurostat, inflation in the eurozone fell slightly in November from its record level in October. EU member states want Kosovo citizens to be exempt from visa requirements when travelling to the EU by 1 January 2024 at the latest. The European Union Commissioner for Neighbourhood and Enlargement Olivé Várhelyi visited BiH at a crucial moment for its path towards EU membership.

Hungary: EU Commission wants to withhold EU funding

Hungary: EU Commission wants to withhold EU funding

In an unprecedented move, the EU Commission has proposed freezing the 65 percent of the EU cohesion funds for Hungary, namely 7.5 billion euro, over concerns about rule of law. On the other side, European Commission officials conditionally approved Budapest’s 5.8-billion-euro recovery plan. Now, it will up to the EU member states to decide on both issues that could come with high political stakes.