Hungary’s Orban gains new powers to rule by decree

Hungarian Prime Minister Viktor Orban’s government pushed through a constitutional amendment on Tuesday that will effectively allow rule by decree if a neighbouring country is hit by armed conflict or a humanitarian catastrophe. The measure, backed in …

French central bank head: ECB not planning major rate move

The European Central Bank (ECB) will move gradually to increase its key lending rates, the head of the French central bank told Bloomberg TV on Tuesday in an interview recorded at the World Economic Forum (WEF) in Davos. A rise of 0.5 percentage points…