The presence of Chinese police in Hungary signals a significant shift in the country’s foreign relations and internal security strategies, raising concerns about potential impacts on Hungary’s role in the EU. Critics fear that normalizing this collaboration could compromise individual rights and democratic principles within the EU, amidst growing tensions over China’s global influence. Hungary’s alignment with China is part of a broader trend in Central and Eastern Europe, raising questions about the balance between economic interests and democratic values as the government faces pushback from civil society and EU institutions.
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Spain’s antitrust watchdog approves BBVA’s €11bn hostile bid for Sabadell
Spain’s competition watchdog, the CNMC, has approved BBVA’s €11bn hostile bid for Sabadell, allowing the government to have the final say on the merger. The CNMC authorized the acquisition with conditions, including maintaining certain branches to mitigate competition concerns, while BBVA aims to enhance its lending capacity and market presence. However, Sabadell's board and the government oppose the deal, citing risks to competition and financial stability, and the government has 15 days to decide on...
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