The WSJ reports that Hungary’s government has told the EU and the IMF that they are ignoring the economic risks of excessive austerity measures and that Budapest can't make deeper spending cuts. Hungary's Economy Minister, György Matolcsy, is quoted saying, “We told our partners that further austerity packages were out of the question.

Following yesterday’s meeting between German Chancellor Angela Merkel and French President Nicolas Sarkozy, the WSJ reports that the two agreed that Europe needs more integrated “economic government”. Nicolas Sarkozy accepted Germany’s calls for strengthened economic governance to take place at the level of all 27 member states, not just the eurozone countries.

Der Spiegel reports that the Bundesbank suspects a French “conspiracy” over the €25 billion which the ECB has spent purchasing Greek bonds so far. According to the magazine, Bundesbank officials suspect that the move is intended to allow French banks to unload their Greek bonds.

The Telegraph reports on new proposals tabled under the EU’s controversial ‘Stockholm Programme’ on justice and home affairs yesterday, which include proposals for a European ID card register, internet surveillance systems and automated EU exit-entry border systems operated by machines reading fingerprints.

The Telegraph reports that the European Commission yesterday unveiled how a potential EU ‘bank tax’ would work and said the 27-member bloc would introduce the tax unilaterally, should other countries refuse to implement their own measures. The Commission document said, “Actions by the EU alone would be less effective but could be considered, particularly if there are good reasons...

Yesterday we held a very successful action day to launch the logo and slogan of our EU Campaign: TPA Activists handed out thousands of leaflets and free car window stickers to commuters at King's Cross, St Pancras, Charing Cross and...

In response to the 2009 Budget Speech, which committed British taxpayers to record levels of debt, TaxPayers' Alliance Chief Executive Matthew Elliott said: “This Budget commits taxpayers to a terrifying amount of debt that will burden ordinary families for decades...

Judges at the German Constitutional Court are tomorrow due to rule on the compatibility of the Lisbon Treaty with the German Constitution. Ahead of the decision, Open Europe, in collaboration with the Institute for Free Enterprise in Berlin, has published a new poll which shows that 77% of Germans want to be given a say on the Lisbon Treaty in a national referendum.

Open Europe’s Mats Persson has a comment piece on EUobserver responding to a piece by EU Commissioner Siim Kallas regarding the EU budget and the European Court of Auditors’ annual report. Mats argues, “The fundamental problem of waste and mismanagement involving EU money lies primarily with the budget itself – not with the member states, although they should not entirely e...

The Telegraph reports that Conservative leader David Cameron has been warned by Swedish Prime Minister Fredrik Reinfeldt that if he wants to keep any friends in Europe he should not offer a referendum on the Lisbon Treaty, if it is already in force. Reinfeldt, who currently holds the EU’s rotating Presidency, is quoted by the Times saying, “I hope to see him as the next prime minister ...