European leaders met in Budapest, endorsing a competitiveness deal but facing divisions over Ukraine aid.

European leaders met in Budapest to discuss a competitiveness deal and security issues but faced internal divisions over aid to Ukraine and economic challenges. Despite endorsing the "Budget Declaration" to boost competitiveness, deep-rooted disagreements, especially among France and Germany, hindered significant progress. Hungarian Prime Minister Viktor Orbán emphasized Hungary's strong diplomatic role, while leaders adopted the Budapest Declaration focusing on enhancing competitiveness through regulatory simplification and economic strategies.

November 11, 2024
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