European Financial and Political Developments

Hungary's central bank voices concerns over a proposed law change jeopardizing its independence, triggering economic unease. The EU lifts sanctions on Yandex's Arkady Volozh, opening doors for his tech reentry. Frozen Russian assets could generate billions, with a part aiding Kyiv. Romanian President Iohannis vies for NATO leadership, advocating for Eastern Europe's representation. Pro-Ukraine militias strike Russia’s border regions amid escalating tensions.