The EC registered Monday a European Citizens’ Initiative calling for a procedure against Hungary over alleged breaches of EU fundamental values. The promoters of “Wake up Europe!” have 12 months to gather at least million signatures in at least 7 EU countries. Source: EUobserver
Deutsche Bank is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs. Source Reuters
Annual summits between China and central and eastern European countries are beneficial to the European Union as a whole, the Chinese government’s told Bulgaria’s foreign minister, brushing off concern that Beijing is seeking to divide the continent. Source: Reuters
Israeli aircraft destroyed a boat moored in Gaza city early on Wednesday morning, local residents said. There were no reports of casualties. The Israeli military said aircraft had struck “military targets belonging to the Hamas terror organization’s naval force” and “underground terror infrastructure” belonging to Hamas in the northern Gaza Strip. Source: Reuters
